Zimmer Energy Transition Acquisition Corporation (ZTAQU) Stock Technical Analysis
NASDAQ:ZTAQU - Nasdaq - US9895702051 - Currency: USD
We assign a technical rating of 4 out of 10 to ZTAQU. ZTAQU has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Warning: ZTAQU has an average volume of 4824 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, ZTAQU outperforms 56% of them, which is more or less in line with the market.
ZTAQU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZTAQU is lagging the market.
In the last month ZTAQU has a been trading in a tight range between 10.21 and 10.73.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ZTAQU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
9.62
10.83
We found 2 important support areas.
- A support zone ranging from 10.21 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.72 to 9.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 10.24 to 10.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.69 to 10.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.96
Mansfield-0.64
10 Day High10.73
10 Day Low10.21
20 Day High10.73
20 Day Low10.21
52 Week High10.81
52 Week Low9.73
Performance
1 Week0%
2 Weeks-0.39%
1 Month-0.49%
3 Month1.49%
6 Month4.28%
12 Month2.71%
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)-0.01
RSI(14)48.93
LBB10.03
UBB10.5
Zimmer Energy Transition Acquisition Corporation
NASDAQ:ZTAQU (6/15/2023, 8:00:03 PM)
10.23
-0.01 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.1%
1 Week0%
2 Weeks-0.39%
1 Month-0.49%
3 Month1.49%
6 Month4.28%
12 Month2.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%1.91%
ATR Inc-95.79%
Range Today0
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
CRS56.96
Mansfield-0.64
10 Day High10.73
10 Day Low10.21
20 Day High10.73
20 Day Low10.21
52 Week High10.81
52 Week Low9.73
CS1 End10.22
CR1 Start10.24
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-80.67%
Vol(5)1.96K
Vol(50)4.82K