ZYNEX INC (ZYXI) Stock Technical Analysis
NASDAQ:ZYXI - Nasdaq - US98986M1036 - Common Stock - Currency: USD
Taking everything into account, ZYXI scores 0 out of 10 in our technical rating. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than ZYXI.
ZYXI is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry, of which 89% are performing better than ZYXI.
ZYXI is currently trading near the lower end of its 52 week range, which is not a good sign. ZYXI is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month ZYXI has a been trading in the 1.93 - 2.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ZYXI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ZYXI 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
2.08
2.29
We found 1 important support area.
- Support @2.10 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.26 to 2.27. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS1.67
Mansfield-6.86
10 Day High2.46
10 Day Low2.03
20 Day High2.61
20 Day Low1.93
52 Week High12.19
52 Week Low1.93
Performance
1 Week2.49%
2 Weeks4.63%
1 Month-12.74%
3 Month-72.97%
6 Month-75.22%
12 Month-79.84%
2 Year-80.24%
3 Year-64.52%
5 Year-85.92%
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)0.17
RSI(14)30.78
LBB2.03
UBB2.38
2.26
+0.13 (+6.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg6.1%
1 Week2.49%
2 Weeks4.63%
1 Month-12.74%
3 Month-72.97%
6 Month-75.22%
12 Month-79.84%
2 Year-80.24%
3 Year-64.52%
5 Year-85.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%7.7%
ATR Inc-42.62%
Range Today0.13
ADR(20)0.17
ADR(20)%7.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.67
Mansfield-6.86
10 Day High2.46
10 Day Low2.03
20 Day High2.61
20 Day Low1.93
52 Week High12.19
52 Week Low1.93
CS1 End2.1
CR1 Start2.26
Volume & EV
DER(3)4.91%
DER(5)5.43%
Volume221.20K
Volume Incr-55.2%
Vol(5)137.64K
Vol(50)297.21K