RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DZSI
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Zhone Technologies Inc stock price up 2.33% on Thursday
(Updated on Mar 28, 2024)

Sell candidate since Mar 26, 2024 Gain 3.13% PDF

The Zhone Technologies Inc stock price gained 2.33% on the last trading day (Thursday, 28th Mar 2024), rising from $1.29 to $1.32. During the last trading day the stock fluctuated 5.89% from a day low at $1.29 to a day high of $1.37. The price has fallen in 5 of the last 10 days and is down by -7.04% for this period. Volume fell on the last day by -45 thousand shares and in total, 78 thousand shares were bought and sold for approximately $102.41 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -23.50% during the next 3 months and, with a 90% probability hold a price between $0.97 and $1.16 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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DZSI Signals & Forecast

There are mixed signals in the stock today. The Zhone Technologies Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1.41. On a fall, the stock will find some support from the short-term average at $1.31. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 3.13%. Further rise is indicated until a new top pivot has been found.

Support, Risk & Stop-loss for Zhone Technologies Inc stock

Zhone Technologies Inc finds support from accumulated volume at $1.31 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.0760 between high and low, or 5.89%. For the last week the stock has had daily average volatility of 7.91%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DZSI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Zhone Technologies Inc to open at $1.33, and during the day (based on 14 day Average True Range), to move between $1.21 and $1.43, which gives a possible trading interval of +/-$0.107 (+/-8.14%) up or down from last closing price. If Zhone Technologies Inc takes out the full calculated possible swing range there will be an estimated 16.28% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.31 (0.76%) than the resistance at $1.42 (7.58%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Zhone Technologies Inc stock A Buy?

Zhone Technologies Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.489 Sell Candidate Unchanged

Predicted Opening Price for Zhone Technologies Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.33 ( 0.404%) $1.32

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DZSI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.40 6.16 %
R2 1.37 3.96 %
R1 1.35 2.60 %
Current price: 1.32
Support S1 1.30 -1.80 %
S2 1.28 -3.15 %
S3 1.25 -5.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.56 18.18 %
R2 1.50 13.64 %
R1 1.42 7.58 %
Current price 1.32
Support S1 1.31 -0.758%
S2 1.29 -2.27%
S3 1.28 -3.03%

FAQ

What is the symbol for Zhone Technologies Inc Stock and on which exchange is it traded?
The symbol for Zhone Technologies Inc is DZSI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Zhone Technologies Inc Stock?
Zhone Technologies Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Zhone Technologies Inc Stock?
Zhone Technologies Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Zhone Technologies Inc Stock.

What's the current price of Zhone Technologies Inc Stock?
As of the end of day on the 2024-03-28, the price of an Zhone Technologies Inc (DZSI) share was $1.32.

What is the 52-week high and low for Zhone Technologies Inc Stock?
The 52-week high for Zhone Technologies Inc Stock is $8.14 and the 52-week low is $1.24.

What is the market capitalization of Zhone Technologies Inc Stock?
As of the 2024-03-28, the market capitalization of Zhone Technologies Inc is 42.401M.

When is the next earnings date for Zhone Technologies Inc?
The upcoming earnings date for Zhone Technologies Inc is May 06, 2024.
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About Zhone Technologies Inc

Zhone Technologies DZS Inc. provides broadband network access solutions and communications platforms in the Americas, Europe, the Middle East, Africa, and Asia. It offers broadband connectivity solutions through DZS Velocity, including voice, high-definition and ultra-high-definition video, highspeed internet access, and business class services; switching and routing products; and XCelerate for increasing the velocity with which service providers can leap to multi-... DZSI Profile

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