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Weaker Hold
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Zentalis Pharmaceuticals Inc. Stock Forecast NASDAQ:ZNTL

$74.90 (-3.88%)

Volume: 412k

Closed: Oct 15, 2021

Hollow Logo Score: -0.294

Zentalis Pharmaceuticals Inc. Stock Forecast

$74.90 (-3.88%)

Volume: 412k

Closed: Oct 15, 2021

Score Hollow Logo -0.294
Which way will ZNTL go? Request
Stop-loss: $71.64 (-4.35%)
Earnings Date: Nov 08, 2021
Key Stats
Beta 0.9
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 80 ] RSI14 is 72 and the stock is currently not being overbought or oversold

Weaker technical forecast for Zentalis Pharmaceuticals Inc. as stock downgraded to Hold/Accumulate.
(Updated on Oct 15, 2021)


Buy or Hold candidate since 2021-09-30 Gain 12.39%

The Zentalis Pharmaceuticals Inc. stock price fell by -3.88% on the last day (Friday, 15th Oct 2021) from $77.92 to $74.90. and has now fallen 4 days in a row. During the day the stock fluctuated 6.45% from a day low at $74.75 to a day high of $79.57. The price has been going up and down for this period, and there has been a 11.57% gain for the last 2 weeks. Volume has increased on the last day by 243 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, 412 thousand shares were bought and sold for approximately $30.84 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 52.97% during the next 3 months and, with a 90% probability hold a price between $102.03 and $122.95 at the end of this 3-month period.

Signals & Forecast

The Zentalis Pharmaceuticals Inc. stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $76.59. On a fall, the stock will find some support from the long-term average at approximately $69.08. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, October 12, 2021, and so far it has fallen -5.27%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Wednesday, August 18, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Wednesday, August 18, 2021 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss

On the downside, the stock finds support just below today's level from accumulated volume at $70.28 and $65.00. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Zentalis Pharmaceuticals Inc. finds support just below today's level at $70.28. If this is broken, then the next support from accumulated volume will be at $65.00 and $60.34.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $4.82 between high and low, or 6.45%. For the last week, the stock has had a daily average volatility of 4.84%.

Our recommended stop-loss: $71.64 (-4.35%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 3 days ago.)

Is Zentalis Pharmaceuticals Inc. stock A Buy?

Zentalis Pharmaceuticals Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.294

Predicted Opening Price for Zentalis Pharmaceuticals Inc. of Monday, October 18, 2021

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

Fair opening price October 18, 2021 Current price
$76.41 $74.90 (Undervalued)
Hold/Accumulate Downgraded

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Analyst Ratings

On Sep 29, 2021 "Stifel Nicolaus" gave "" rating for ZNTL. The price target was changed from $61.48 to 0.4%.

Volatility and Risk
Daily Average Volatility: 4.84 %
Overall Risk: Very High High Medium Low Very Low
Volatility
4.84 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $76.47
Price: $74.90
Support: $70.28

ZNTL Insider Trading Show all Trades

INSIDER POWER

0.139

Last 100 transactions
Buy: 49 961 | Sell: 360 667 (Shares)
Date Action Amount Person Type
Oct 04, 2021 Sell 16 308 Sun Anthony Y Common Stock
Oct 04, 2021 Sell 10 464 Sun Anthony Y Common Stock
Oct 04, 2021 Sell 27 Sun Anthony Y Common Stock
Oct 04, 2021 Sell 100 Johnson David Michael Common Stock
Oct 04, 2021 Sell 7 904 Johnson David Michael Common Stock
Show all Insider Trades
INSIDER POWER

0.139

Last 100 transactions
Buy: 49 961 | Sell: 360 667 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 81.23 8.45 %
79.39 5.99 %
78.25 4.47 %
Current price: 74.90
Support 74.57 -0.45 %
73.43 -1.97 %
71.59 -4.42 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 78.76 5.15 %
77.00 2.80 %
76.47 2.10 %
Current price 74.90
Support 70.28 -6.17%
65.00 -13.22%
60.34 -19.44%

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Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

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