ZYNERBA PHARMACEUTICALS INC (ZYNE) Stock Technical Analysis
NASDAQ:ZYNE - Nasdaq - US98986X1090 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to ZYNE. Both in the recent history as in the last year, ZYNE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
ZYNE is part of the Pharmaceuticals industry. There are 199 other stocks in this industry. ZYNE outperforms 99% of them.
ZYNE is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
ZYNE has an average volume of 1300830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ZYNE did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month ZYNE has a been trading in the 1.19 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although ZYNE has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
1.19
1.40
When analyzing the support we can see 3 important areas.
- Support @1.30 from a trend line in the daily time frame.
- A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.20 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.39 to 1.39. 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
CRS99.66
Mansfield10.19
10 Day High1.34
10 Day Low1.19
20 Day High1.4
20 Day Low1.19
52 Week High1.4
52 Week Low0.25
Performance
1 Week3.17%
2 Weeks1.56%
1 Month-1.52%
3 Month282.24%
6 Month217.15%
12 Month89.61%
2 Year-66.06%
3 Year-62.1%
5 Year-75.29%
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)-0.02
RSI(14)58.66
LBB1.21
UBB1.35
1.3
+0.03 (+2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.36%
1 Week3.17%
2 Weeks1.56%
1 Month-1.52%
3 Month282.24%
6 Month217.15%
12 Month89.61%
2 Year-66.06%
3 Year-62.1%
5 Year-75.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%3.62%
ATR Inc49.08%
Range Today0.08
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
CRS99.66
Mansfield10.19
10 Day High1.34
10 Day Low1.19
20 Day High1.4
20 Day Low1.19
52 Week High1.4
52 Week Low0.25
CS1 End1.3
CR1 Start1.35
Volume & EV
DER(3)6.65%
DER(5)-2.15%
Volume862.70K
Volume Incr-6.16%
Vol(5)921.98K
Vol(50)1.30M