ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) Stock Technical Analysis
USA - NASDAQ:ZYBT - KYG989MS1016 - Common Stock
2.74 USD
+0.02 (+0.74%)
2.7598 USD
+0.02 (+0.72%)
Overall ZYBT gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ZYBT is a bad performer in the overall market: 100% of all stocks are doing better.
ZYBT is one of the lesser performing stocks in the Pharmaceuticals industry. 91% of 196 stocks in the same industry do better.
In the last month ZYBT has a been trading in the 1.40 - 11.45 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
ZYBT has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.65
3.12
When analyzing the support we notice one important area.
- A support zone ranging from 2.68 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @3.09 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). |
| Relative Strength Index/RSI (14) | 34.6 | NEUTRAL | The RSI value for ZYBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ZYBT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.74 | OVERSOLD | The low Stochastics value suggests ZYBT may be oversold. |
| Average True Range in percent/ATR (20) | 41.2 | HIGH VOLATILITY | The high ATR as a percentage value for ZYBT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.53 | NEUTRAL | The ADX value for ZYBT suggests a possible start of a new trend. |
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)
2.74
+0.02 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.74%
1 Week2.24%
2 Weeks48.91%
1 Month-70.6%
3 Month-53.48%
6 Month-32.51%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%41.2%
ATR Inc-63.13%
Range Today0.34
ADR(20)1.12
ADR(20)%41.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High4.38
10 Day Low1.65
20 Day High11.45
20 Day Low1.4
52 Week HighN/A
52 Week LowN/A
CS1 End2.73
CR1 Start3.09
Volume & EV
DER(3)-6.53%
DER(5)-2.78%
Volume217.48K
Volume Incr-76.64%
Vol(5)281.23K
Vol(50)599.59K