ZENTEK LTD (ZTEK) Stock Technical Analysis
NASDAQ:ZTEK - Nasdaq - CA98942X1024 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to ZTEK. ZTEK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ZTEK is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 81% of 191 stocks in the same industry.
ZTEK is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ZTEK slightly outperforms the market at the moment.
In the last month ZTEK has a been trading in the 0.90 - 1.23 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that ZTEK is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, ZTEK also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ZTEK in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.94
1.22
3 important support areas can be observed.
- Support @1.01 from a trend line in the daily time frame.
- Support @0.98 from a trend line in the daily time frame.
- Support @0.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.21 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.98
Mansfield2.46
10 Day High1.23
10 Day Low0.97
20 Day High1.23
20 Day Low0.9
52 Week High1.31
52 Week Low0.5
Performance
1 Week5.22%
2 Weeks18.63%
1 Month3.42%
3 Month3.42%
6 Month68.06%
12 Month14.15%
2 Year-18.79%
3 Year-53.28%
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)61.11
LBB0.93
UBB1.22
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.22 | 1.00 | 0.22 (18.03%) | 5.55% |
| An entry @1.22. This is a Buy Stop order right above the resistance zone. | An exit @1.00. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 18.03%. | When investing 5.55% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:ZTEK (4/24/2025, 4:52:38 PM)
1.21
+0.06 (+5.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5.22%
1 Week5.22%
2 Weeks18.63%
1 Month3.42%
3 Month3.42%
6 Month68.06%
12 Month14.15%
2 Year-18.79%
3 Year-53.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.57%
ATR Inc4.26%
Range Today0.11
ADR(20)0.09
ADR(20)%7.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.98
Mansfield2.46
10 Day High1.23
10 Day Low0.97
20 Day High1.23
20 Day Low0.9
52 Week High1.31
52 Week Low0.5
CS1 End1.01
CR1 Start1.21
Volume & EV
DER(3)15.78%
DER(5)7.89%
Volume19.09K
Volume Incr-44.82%
Vol(5)16.52K
Vol(50)32.39K