ZYMERGEN INC (ZY) Technical Analysis
NASDAQ:ZY • US98985X1000
Current stock price
2.43 USD
+0.04 (+1.67%)
Last:
ZY Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ZY. ZY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 74% of all other stocks performed better in the past year than ZY.
- ZY is one of the lesser performing stocks in the Chemicals industry. 73% of 83 stocks in the same industry do better.
- ZY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZY is lagging the market.
- In the last month ZY has a been trading in the 2.30 - 3.15 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ZY has an average volume of 1013780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZY Weekly and Daily overview Charts
ZY Setup Rating and Analysis
Although the technical rating is bad, ZY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
ZY Support and Resistance Analysis
2.16
3.27
2 important support areas can be observed.
- Support @2.34 from a horizontal line in the weekly time frame.
- Support @2.18 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 2.62 to 2.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.79 from a horizontal line in the weekly time frame.
- Resistance @3.02 from a trend line in the daily time frame.
- Resistance @3.24 from a trend line in the daily time frame.
ZY Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ZY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZY is down. |
| ChartMill Relative Strength | 26.62 | NEGATIVE | ZY has a low relative strength, it was outperformed by 73.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.91 | NEUTRAL | The RSI value for ZY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ZY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.59 | OVERSOLD | The low Stochastics value suggests ZY may be oversold. |
| Average True Range in percent/ATR (20) | 10.83 | HIGH VOLATILITY | The high ATR as a percentage value for ZY suggests high volalility. |
| Average Directional Index/ADX (14) | 24.88 | NEUTRAL | The ADX value for ZY suggests a possible start of a new trend. |
ZY Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ZY Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ZY (10/18/2022, 8:22:57 PM)
2.43
+0.04 (+1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.67%
1 Week-8.65%
2 Weeks-22.61%
1 Month-6.18%
3 Month21.5%
6 Month36.52%
12 Month-76.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%10.83%
ATR Inc-32.79%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.62
3 months CRSN/A
6 months CRSN/A
Mansfield-2.55
10 Day High3.06
10 Day Low2.3
20 Day High3.15
20 Day Low2.3
52 Week High11.87
52 Week Low1.1
CS1 End2.34
CR1 Start2.62
Volume & EV
DER(3)-1.6%
DER(5)-0.51%
Volume2.37M
Volume Incr-14.69%
Vol(5)904.34K
Vol(50)1.01M
ZYMERGEN INC / ZY TA FAQ
What is the technical rating for ZY stock?
ChartMill assigns a technical rating of 1 / 10 to ZY.
Can you provide the trend direction for ZYMERGEN INC?
The current trend direction for ZYMERGEN INC (ZY) is Bearish.
What is the RSI signal for ZY stock?
ZYMERGEN INC (ZY) has an RSI value of 43.91. This indicates that the stock is currently neutral.
What is the MACD signal for ZYMERGEN INC (ZY) stock?
The MACD indicator for ZYMERGEN INC (ZY) has a value of -0.0563268, indicating a bearish trend.
Can you provide the buy/sell signal for ZYMERGEN INC?
The buy/sell signal for ZYMERGEN INC (ZY) is sell as both the short term and long term trends are negative.