ZYNEX INC (ZYXI) Stock Technical Analysis
NASDAQ:ZYXI - Nasdaq - US98986M1036 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ZYXI. ZYXI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ZYXI is a bad performer in the overall market: 90% of all stocks are doing better.
ZYXI is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 73% are performing better than ZYXI.
ZYXI is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ZYXI has a been trading in the 7.12 - 8.45 range, which is quite wide. It is currently trading near the lows of this range.
ZYXI has a poor technical rating and the quality of the setup is also not perfect 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
7.12
8.43
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.50 to 7.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.67 to 8.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.35 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
CRS10.23
Mansfield-2.82
10 Day High7.99
10 Day Low7.12
20 Day High8.45
20 Day Low7.12
52 Week High13.77
52 Week Low7.12
Performance
1 Week-5.02%
2 Weeks-9.22%
1 Month-13.16%
3 Month-12.95%
6 Month-12.21%
12 Month-44.31%
2 Year-44.35%
3 Year14.31%
5 Year-39.25%
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)-0.04
RSI(14)34.08
LBB7.17
UBB8.08
7.19
-0.22 (-2.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.97%
1 Week-5.02%
2 Weeks-9.22%
1 Month-13.16%
3 Month-12.95%
6 Month-12.21%
12 Month-44.31%
2 Year-44.35%
3 Year14.31%
5 Year-39.25%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%3.99%
ATR Inc0.52%
Range Today0.38
ADR(20)0.28
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.23
Mansfield-2.82
10 Day High7.99
10 Day Low7.12
20 Day High8.45
20 Day Low7.12
52 Week High13.77
52 Week Low7.12
CS1 EndN/A
CR1 Start7.5
Volume & EV
DER(3)-7.73%
DER(5)-5.96%
Volume243.70K
Volume Incr30.02%
Vol(5)90.00K
Vol(50)74.78K