Logo image of ZEAL

Zealand Pharma AS (ZEAL) Stock Technical Analysis

NASDAQ:ZEAL - Nasdaq - US98920Y3045 - ADR - Currency: USD

17.59  +0.21 (+1.21%)

Technical Rating and Analysis

6

Overall ZEAL gets a technical rating of 6 out of 10. ZEAL 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.

Warning: ZEAL has an average volume of 2802 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ZEAL is one of the better performing stocks in the Biotechnology industry, it outperforms 76% of 571 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that ZEAL is one of the better performing stocks in the market, outperforming 70% of all stocks. However, ZEAL's most recent performance is quite weak.
ZEAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZEAL is lagging the market.
In the last month ZEAL has a been trading in the 16.51 - 20.49 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.
Weekly and Daily overview Charts
Zealand Pharma AS / ZEAL Weekly stock chart
Zealand Pharma AS / ZEAL Daily stock chart
Setup Rating and Analysis

4

ZEAL has an average technical rating and the quality of the presented setup is also not ideal 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

16.37

29.87

We found 1 important support area.

  • A support zone ranging from 16.54 to 16.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 19.15 to 19.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @19.90 from a trend line in the daily time frame.
  • Resistance @26.06 from a trend line in the weekly time frame.
  • Resistance @29.57 from a trend line in the weekly time frame.
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
CRS70.51
Mansfield1.35
10 Day High19
10 Day Low16.51
20 Day High20.49
20 Day Low16.51
52 Week High33.42
52 Week Low9.93
Performance
1 Week-3.11%
2 Weeks-8.34%
1 Month-5.35%
3 Month36.46%
6 Month27.22%
12 Month-48.7%
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.21
RSI(14)49.24
LBB16
UBB19.73
Zealand Pharma AS / ZEAL Daily stock chart

Zealand Pharma AS

NASDAQ:ZEAL (9/29/2022, 8:02:19 PM)

17.59

+0.21 (+1.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.21%
1 Week-3.11%
2 Weeks-8.34%
1 Month-5.35%
3 Month36.46%
6 Month27.22%
12 Month-48.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%4.62%
ATR Inc-5.95%
Range Today0.6
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.51
Mansfield1.35
10 Day High19
10 Day Low16.51
20 Day High20.49
20 Day Low16.51
52 Week High33.42
52 Week Low9.93
CS1 End16.62
CR1 Start19.15
Volume & EV
DER(3)-5.53%
DER(5)-9.98%
Volume2.10K
Volume Incr-56.36%
Vol(5)1.20K
Vol(50)2.80K