ZYMEWORKS INC (ZYME) Technical Analysis
NASDAQ:ZYME • US98985Y1082
Current stock price
ZYME Technical Rating and Analysis
Taking everything into account, ZYME scores 6 out of 10 in our technical rating. ZYME was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month ZYME has a been trading in the 21.93 - 28.00 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ZYME did better than 89% of all other stocks.
- ZYME is part of the Biotechnology industry. There are 517 other stocks in this industry. ZYME outperforms 72% of them.
- ZYME is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZYME is performing more or less in line with the market.
ZYME Weekly and Daily overview Charts
ZYME Setup Rating and Analysis
ZYME has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.14, a Stop Loss order could be placed below this zone.
More info and screens
ZYME Support and Resistance Analysis
13.09
2 important support areas can be observed.
- A support zone ranging from 22.02 to 23.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.22 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.93 to 24.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 25.13 to 25.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
ZYME 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 | UP | POSITIVE | The long term trend for ZYME is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZYME is neutral. |
| ChartMill Relative Strength | 89.94 | POSITIVE | ZYME has a high relative strength, it outperformed 89.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZYME is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZYME is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZYME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.1 | NEUTRAL | The RSI value for ZYME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ZYME has a negative trend. |
| Stochastics (14,3) | 21.73 | NEUTRAL | The Stochastics value for ZYME is a neutral value. |
| Average True Range in percent/ATR (20) | 5.66 | HIGH VOLATILITY | The high ATR as a percentage value for ZYME suggests high volalility. |
| Average Directional Index/ADX (14) | 11.87 | NEGATIVE | The low ADX value for ZYME suggests a weak or negative trend. |
ZYME Chart- and CandleStick Pattern Analysis
ZYME Technicals: Chart, Performance Metrics, Trend & Indicators
23.32
-0.57 (-2.41%)
ZYMEWORKS INC / ZYME TA FAQ
What is the ChartMill technical rating of ZYMEWORKS INC (ZYME) stock?
ChartMill assigns a technical rating of 6 / 10 to ZYME.
What is the current trend direction of ZYMEWORKS INC (ZYME) stock?
The current trend direction for ZYMEWORKS INC (ZYME) is Bullish.
Can you provide the RSI signal for ZYMEWORKS INC?
ZYMEWORKS INC (ZYME) has an RSI value of 47.0995. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZYMEWORKS INC?
The MACD indicator for ZYMEWORKS INC (ZYME) has a value of -0.0961737, indicating a bearish trend.
What is the short term momentum for ZYME stock?
The short term momentum for ZYMEWORKS INC (ZYME) is neutral.