ZYNEX INC (ZYXI) Technical Analysis
NASDAQ:ZYXI • US98986M1036
Current stock price
0.125 USD
-0.07 (-34.9%)
At close:
0.13 USD
+0.01 (+4%)
After Hours:
ZYXI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ZYXI. ZYXI'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ZYXI.
- ZYXI is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 90% are performing better than ZYXI.
- ZYXI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ZYXI has a been trading in the 0.12 - 2.10 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- ZYXI has an average volume of 7307250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZYXI Weekly and Daily overview Charts
ZYXI Setup Rating and Analysis
The technical rating of ZYXI is bad and it also does not present a quality setup 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
ZYXI Support and Resistance Analysis
ZYXI 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 | DOWN | NEGATIVE | The long term trend for ZYXI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZYXI is down. |
| ChartMill Relative Strength | 0.18 | NEGATIVE | ZYXI has a low relative strength, it was outperformed by 99.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZYXI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZYXI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZYXI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.94 | OVERSOLD | The low RSI value suggests ZYXI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ZYXI has a negative trend. |
| Stochastics (14,3) | 2.29 | OVERSOLD | The low Stochastics value suggests ZYXI may be oversold. |
| Average True Range in percent/ATR (20) | 192.12 | HIGH VOLATILITY | The high ATR as a percentage value for ZYXI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.15 | POSITIVE | The high ADX value value for ZYXI suggests a strong trend. |
ZYXI Chart- and CandleStick Pattern Analysis
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)
ZYXI Technicals: Chart, Performance Metrics, Trend & Indicators
0.125
-0.07 (-34.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-34.9%
1 Week-63.25%
2 Weeks-85.3%
1 Month-82.88%
3 Month-91.38%
6 Month-95.1%
12 Month-98.48%
2 Year-98.85%
3 Year-99.1%
5 Year-98.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%192.12%
ATR Inc-24.09%
Range Today0.07
ADR(20)0.23
ADR(20)%181.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.18
3 months CRS0.28
6 months CRS0.41
Mansfield-9.62
10 Day High0.95
10 Day Low0.12
20 Day High2.1
20 Day Low0.12
52 Week High8.45
52 Week Low0.12
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3.74%
DER(5)-2.76%
Volume32.29M
Volume Incr-26.3%
Vol(5)11.19M
Vol(50)7.31M
ZYNEX INC / ZYXI TA FAQ
What is the ChartMill technical rating of ZYNEX INC (ZYXI) stock?
ChartMill assigns a technical rating of 0 / 10 to ZYXI.
What is the trend direction for ZYXI stock?
The current trend direction for ZYNEX INC (ZYXI) is Bearish.
What is the RSI signal for ZYNEX INC (ZYXI) stock?
ZYNEX INC (ZYXI) has an RSI value of 27.9444. This indicates that the stock is currently oversold.
What is the short term momentum for ZYXI stock?
The short term momentum for ZYNEX INC (ZYXI) is negative.