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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 ZAC.V
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Stock Analysis
Risk Assessment
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High volatility in Zacatecas Silver Corp. stock price on Friday which ended trading at $0.0950
(Updated on Jun 14, 2024)

Sell candidate since Jun 03, 2024 Loss -50.00% PDF

The Zacatecas Silver Corp. stock price fell by -20.83% on the last day (Friday, 14th Jun 2024) from $0.120 to $0.0950. During the last trading day the stock fluctuated 22.22% from a day low at $0.0900 to a day high of $0.110. The price has fallen in 8 of the last 10 days and is down by -56.82% for this period. Volume has increased on the last day by 286 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 1 million shares were bought and sold for approximately $121.01 thousand.

Given the current short-term trend, the stock is expected to rise 6.00% during the next 3 months and, with a 90% probability hold a price between $0.101 and $0.314 at the end of this 3-month period.

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ZAC.V Signals & Forecast

There are few to no technical positive signals at the moment. The Zacatecas Silver Corp. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.130 and $0.194. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 16, 2024, and so far it has fallen -66.67%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Zacatecas Silver Corp. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs".

Support, Risk & Stop-loss for Zacatecas Silver Corp. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0200 between high and low, or 22.22%. For the last week, the stock has had daily average volatility of 18.01%.

Zacatecas Silver Corp. is oversold on RSI14 (11). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

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

Trading Expectations (ZAC.V) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect Zacatecas Silver Corp. to open at $0.0983, and during the day (based on 14 day Average True Range), to move between $0.0739 and $0.116, which gives a possible trading interval of +/-$0.0211 (+/-22.20%) up or down from last closing price. If Zacatecas Silver Corp. takes out the full calculated possible swing range there will be an estimated 44.41% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.110, some $0.0150 (15.79%) from the current price of $0.0950, our system finds the risk reward not very attractive.

Is Zacatecas Silver Corp. stock A Buy?

The Zacatecas Silver Corp. stock holds several negative signals and despite the positive trend, we believe Zacatecas Silver Corp. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -4.275 Sell Candidate Unchanged

Predicted Opening Price for Zacatecas Silver Corp. of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$0.0983 ( 3.51%) $0.0950

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

Trading levels for ZAC.V

Fibonacci Support & Resistance Levels

Level Price
R3 0.118 24.56%
R2 0.111 16.52%
R1 0.106 11.55%
Price 0.0950
S1 0.0907 -4.53%
S2 0.0860 -9.50%
S3 0.0783 -17.54%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0.110 15.79%
Price 0.0950
S1 0 -
S2 0 -
S3 0 -

FAQ

What is the symbol for Zacatecas Silver Corp. Stock and on which exchange is it traded?
The symbol for Zacatecas Silver Corp. is ZAC.V and it is traded on the TSXV (Toronto Stock Exchange Ventures).

Should I buy or sell Zacatecas Silver Corp. Stock?
The Zacatecas Silver Corp. stock holds several negative signals and despite the positive trend, we believe Zacatecas Silver Corp. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

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

What's the current price of Zacatecas Silver Corp. Stock?
As of the end of day on the Jun 14, 2024, the price of an Zacatecas Silver Corp. (ZAC.V) share was $0.0950.

What is the 52-week high and low for Zacatecas Silver Corp. Stock?
The 52-week high for Zacatecas Silver Corp. Stock is $0.355 and the 52-week low is $0.0900.

What is the market capitalization of Zacatecas Silver Corp. Stock?
As of the Jun 14, 2024, the market capitalization of Zacatecas Silver Corp. is 12.826M.
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