Taking everything into account, ZYBT scores 0 out of 10 in our technical rating. ZYBT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ZYBT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
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1.14
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages 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) | 18.32 | OVERSOLD | The low RSI value suggests ZYBT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ZYBT has a negative trend. |
| Stochastics (14,3) | 1.97 | OVERSOLD | The low Stochastics value suggests ZYBT may be oversold. |
| Average True Range in percent/ATR (20) | 12.64 | HIGH VOLATILITY | The high ATR as a percentage value for ZYBT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.5 | POSITIVE | The high ADX value value for ZYBT suggests a strong trend. |
1.15
+0.02 (+1.77%)
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.
What is the current trend direction of ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) stock?
The current trend direction for ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) is Bearish.
Can you provide the RSI signal for ZHENGYE BIOTECHNOLOGY HOLDIN?
ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) has an RSI value of 18.3175. This indicates that the stock is currently oversold.
What is the short term momentum for ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) stock?
The short term momentum for ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) is negative.
What is the support and resistance level for ZYBT stock?
ZHENGYE BIOTECHNOLOGY HOLDIN (ZYBT) has a resistance level at 1.82. Check the full technical report for our detailed analysis of ZYBT support and resistance levels.