ZENTEK LTD (ZTEK) Stock Technical Analysis
NASDAQ:ZTEK - Nasdaq - CA98942X1024 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ZTEK. ZTEK was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, ZTEK is a bad performer in the overall market: 82% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ZTEK is an average performer in the Health Care Equipment & Supplies industry, it outperforms 40% of 189 stocks in the same industry.
ZTEK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZTEK is lagging the market.
In the last month ZTEK has a been trading in the 0.90 - 1.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, ZTEK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.08, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZTEK 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
1.00
1.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.06 to 1.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.01 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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
CRS18.89
Mansfield-0.28
10 Day High1.19
10 Day Low1.04
20 Day High1.21
20 Day Low0.9
52 Week High1.34
52 Week Low0.5
Performance
1 Week-4.8%
2 Weeks-6.03%
1 Month7.92%
3 Month-13.31%
6 Month15.47%
12 Month-12.1%
2 Year-30.13%
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)49.98
LBB1.08
UBB1.17
ZENTEK LTD
NASDAQ:ZTEK (2/13/2025, 10:54:24 AM)
1.07
-0.02 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.83%
1 Week-4.8%
2 Weeks-6.03%
1 Month7.92%
3 Month-13.31%
6 Month15.47%
12 Month-12.1%
2 Year-30.13%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.67%
ATR Inc-8.29%
Range Today0.06
ADR(20)0.08
ADR(20)%7.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.89
Mansfield-0.28
10 Day High1.19
10 Day Low1.04
20 Day High1.21
20 Day Low0.9
52 Week High1.34
52 Week Low0.5
CS1 End1.08
CR1 Start1.14
Volume & EV
DER(3)13.59%
DER(5)8.28%
Volume8.25K
Volume Incr-27.99%
Vol(5)39.36K
Vol(50)45.45K