ZENTEK LTD (ZEN.CA) Stock Technical Analysis
TSX-V:ZEN - TSX Venture Exchange - CA98942X1024 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to ZEN. In the last year, ZEN was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
79% of all other stocks performed better in the past year than ZEN.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ZEN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZEN is lagging the market slightly.
ZEN is an average performer in the Health Care Equipment & Supplies industry, it outperforms 50% of 15 stocks in the same industry.
In the last month ZEN has a been trading in the 1.38 - 1.75 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.
ZEN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.53, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZEN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.44
1.78
2 important support areas can be observed.
- A support zone ranging from 1.50 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.45 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.64 to 1.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 1.68 to 1.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.76 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.41
Mansfield-0.03
10 Day High1.66
10 Day Low1.5
20 Day High1.75
20 Day Low1.38
52 Week High1.82
52 Week Low0.75
Performance
1 Week-5.52%
2 Weeks-4.35%
1 Month9.22%
3 Month-12.5%
6 Month18.46%
12 Month-6.67%
2 Year-26.32%
3 Year-56%
5 Year227.66%
10 Year5.48%
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)-0.01
RSI(14)48.18
LBB1.53
UBB1.66
ZENTEK LTD
TSX-V:ZEN (2/12/2025, 7:00:00 PM)
1.54
-0.01 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.65%
1 Week-5.52%
2 Weeks-4.35%
1 Month9.22%
3 Month-12.5%
6 Month18.46%
12 Month-6.67%
2 Year-26.32%
3 Year-56%
5 Year227.66%
10 Year5.48%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%7.01%
ATR Inc35.29%
Range Today0.12
ADR(20)0.11
ADR(20)%6.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.41
Mansfield-0.03
10 Day High1.66
10 Day Low1.5
20 Day High1.75
20 Day Low1.38
52 Week High1.82
52 Week Low0.75
CS1 End1.53
CR1 Start1.64
Volume & EV
DER(3)9.25%
DER(5)-0.85%
Volume15.79K
Volume Incr-38.89%
Vol(5)23.23K
Vol(50)39.70K