ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) Stock Technical Analysis
USA - NASDAQ:ZYBT - KYG989MS1016 - Common Stock
We assign a technical rating of 0 out of 10 to ZYBT. ZYBT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ZYBT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.15
2 important support areas can be observed.
- Support @2.23 from a trend line in the daily time frame.
- Support @2.17 from a horizontal line in the daily time frame.
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 ZYBT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZYBT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ZYBT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZYBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZYBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZYBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.96 | NEUTRAL | The RSI value for ZYBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests ZYBT has a positive trend. |
| Stochastics (14,3) | 31.33 | NEUTRAL | The Stochastics value for ZYBT is a neutral value. |
| Average True Range in percent/ATR (20) | 11.12 | HIGH VOLATILITY | The high ATR as a percentage value for ZYBT suggests high volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for ZYBT suggests a weak or negative trend. |
2.46
+0.11 (+4.68%)
ZHENGYE BIOTECHNOLOGY HOLDIN / ZYBT FAQ
What is the ChartMill technical rating of ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) stock?
ChartMill assigns a technical rating of 0 / 10 to ZYBT.
Can you provide the trend direction for ZHENGYE BIOTECHNOLOGY HOLDIN?
The current trend direction for ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) is Bearish.
What is the RSI signal for ZYBT stock?
ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) has an RSI value of 37.9578. This indicates that the stock is currently neutral.
What is the MACD signal for ZYBT stock?
The MACD indicator for ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) has a value of 0.175537, indicating a bearish trend.
What is the short term momentum for ZYBT stock?
The short term momentum for ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) is negative.