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 AEZS
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A very strong day for AEterna Zentaris Inc. stock price on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 22, 2024 Gain 5.80% PDF

The AEterna Zentaris Inc. stock price gained 5.29% on the last trading day (Thursday, 28th Mar 2024), rising from $2.08 to $2.19. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 8.42% from a day low at $2.02 to a day high of $2.19. The price has risen in 6 of the last 10 days and is up by 9.5% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 27 thousand more shares were traded than the day before. In total, 50 thousand shares were bought and sold for approximately $108.46 thousand.

The stock lies in the upper part of a very wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $2.27 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 3.79% during the next 3 months and, with a 90% probability hold a price between $1.81 and $2.36 at the end of this 3-month period.

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AEZS Signals & Forecast

Mostly positive signals in the chart today. The AEterna Zentaris Inc. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $2.05 and $1.93. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, February 08, 2024, and so far it has risen 29.20%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). AEterna Zentaris Inc. has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for AEterna Zentaris Inc. stock

AEterna Zentaris Inc. finds support from accumulated volume at $2.18 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 and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.170 between high and low, or 8.42%. For the last week, the stock has had daily average volatility of 6.14%.

Our recommended stop-loss: $2.11 (-3.70%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 34 days ago.)

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

For the upcoming trading day on Monday, 1st we expect AEterna Zentaris Inc. to open at $2.13, and during the day (based on 14 day Average True Range), to move between $2.05 and $2.33, which gives a possible trading interval of +/-$0.139 (+/-6.33%) up or down from last closing price. If AEterna Zentaris Inc. takes out the full calculated possible swing range there will be an estimated 12.66% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.18 (0.46%) than the resistance at $2.20 (0.46%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AEterna Zentaris Inc. stock A Buy?

AEterna Zentaris Inc. holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.428 Strong Buy Candidate Upgraded

Predicted Opening Price for AEterna Zentaris Inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$2.13 ( 2.59%) $2.19

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

Trading levels for AEZS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.30 5.18 %
R2 2.24 2.21 %
R1 2.20 0.378 %
Current price: 2.19
Support S1 2.07 -5.55 %
S2 2.03 -7.38 %
S3 1.96 -10.35 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 2.20 0.457 %
Current price 2.19
Support S1 2.18 -0.457%
S2 2.04 -6.85%
S3 1.89 -13.70%

FAQ

What is the symbol for AEterna Zentaris Inc. Stock and on which exchange is it traded?
The symbol for AEterna Zentaris Inc. is AEZS and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell AEterna Zentaris Inc. Stock?
AEterna Zentaris Inc. holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

How to buy AEterna Zentaris Inc. Stock?
AEterna Zentaris 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 AEterna Zentaris Inc. Stock.

What's the current price of AEterna Zentaris Inc. Stock?
As of the end of day on the 2024-03-28, the price of an AEterna Zentaris Inc. (AEZS) share was $2.19.

What is the 52-week high and low for AEterna Zentaris Inc. Stock?
The 52-week high for AEterna Zentaris Inc. Stock is $3.30 and the 52-week low is $1.36.

What is the market capitalization of AEterna Zentaris Inc. Stock?
As of the 2024-03-28, the market capitalization of AEterna Zentaris Inc. is 10.634M.

When is the next earnings date for AEterna Zentaris Inc.?
The upcoming earnings date for AEterna Zentaris Inc. is Mar 28, 2024.
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About AEterna Zentaris Inc.

AEterna Zentaris. Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing therapeutics and diagnostic tests. Its lead product is macimorelin, an orally available peptidomimetic ghrelin receptor (GHSR-1a) agonist that stimulates the secretion of growth hormone by binding to the GHSR-1a for the diagnosis of adult growth hormone deficiency and childhood-onset growth hormone deficiency, as well as oncology indications. T... AEZS Profile

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