KZIA Technical Analysis - KAZIA THERAPEUTICS-SPON ADR

Technical Rating and Analysis

Taking everything into account, KZIA scores 0 out of 10 in our technical rating. KZIA'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.

When comparing the yearly performance of all stocks, KZIA is a bad performer in the overall market: 98% of all stocks are doing better.

KZIA is part of the Biotechnology industry. There are 536 other stocks in this industry, of which 85% are performing better than KZIA.

KZIA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month KZIA has a been trading in the 6.20 - 8.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

KAZIA THERAPEUTICS-SPON ADR / KZIA Weekly stock chart

KAZIA THERAPEUTICS-SPON ADR / KZIA Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, KZIA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.62, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.24

7.88

2 important support areas can be observed.

A support zone ranging from 6.55 to 6.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @6.30 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 7.15 to 7.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @7.80 from a trend line in the daily time frame.

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What is Support and Resistance

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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 KZIA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for KZIA is down.
ChartMill Relative Strength	2.75	NEGATIVE	KZIA has a low relative strength, it was outperformed by 97.25% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of KZIA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of KZIA is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of KZIA is above a declining SMA(200).
Relative Strength Index/RSI (14)	44.65	NEUTRAL	The RSI value for KZIA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.03	POSITIVE	The MACD value suggests KZIA has a positive trend.
Stochastics (14,3)	47.96	NEUTRAL	The Stochastics value for KZIA is a neutral value.
Average True Range in percent/ATR (20)	7.02	HIGH VOLATILITY	The high ATR as a percentage value for KZIA suggests high volalility.
Average Directional Index/ADX (14)	11.71	NEGATIVE	The low ADX value for KZIA suggests a weak or negative trend.