ZYNERBA PHARMACEUTICALS INC (ZYNE)

US98986X1090 - Common Stock

1.3  +0.03 (+2.36%)

After market: 1.3015 +0 (+0.12%)

Technical Rating and Analysis

8

Taking everything into account, ZYNE scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZYNE is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
ZYNE is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. ZYNE outperforms 99% of them.
ZYNE is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ZYNE is leading the market.
ZYNE has an average volume of 1300830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ZYNE is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ZYNE has a been trading in the 1.19 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ZYNE Weekly chart
ZYNE Daily chart
Setup Rating and Analysis

3

Although ZYNE has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

1.19

1.40

We found 3 important support areas.

  • Support @1.30 from a trend line in the daily time frame.
  • A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.20 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @1.35 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.66
Mansfield10.19
10 Day High1.34
10 Day Low1.19
20 Day High1.4
20 Day Low1.19
52 Week High1.4
52 Week Low0.25
Performance
1 Week3.17%
2 Weeks1.56%
1 Month-1.52%
3 Month282.24%
6 Month217.15%
12 Month89.61%
2 Year-66.06%
3 Year-62.1%
5 Year-75.29%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)58.66
LBB1.21
UBB1.35
ZYNE Daily chart

ZYNERBA PHARMACEUTICALS INC

NASDAQ:ZYNE (10/10/2023, 7:00:03 PM)

After market: 1.3015 +0 (+0.12%)

1.3

+0.03 (+2.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.36%
1 Week3.17%
2 Weeks1.56%
1 Month-1.52%
3 Month282.24%
6 Month217.15%
12 Month89.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%3.62%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.34
10 Day Low1.19
20 Day High1.4
20 Day Low1.19
52 Week High1.4
52 Week Low0.25
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume862.70K
Volume Incr-6.16%
Vol(5)921.98K
Vol(50)1.30M