Stronger Sell Today AEZS ranks #4578 as SELL CANDIDATE #4578 Weaker Sell

AEZS stock forecast AEterna Zentaris Inc.

AEZS stock forecast

Wednesday May 22, 2019 Change -2.17% Price $3.15
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Sell
TREND
Sell
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will AEZS stock price go up or down on Thu, 23 May 2019?

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AEterna Zentaris Inc. Forecast and Stock Analysis

Technical AEZS stock analysis for Wednesday May 22, 2019.

Sell candidate since 2019-05-22
Shorts n/a
Insider % n/a
Institutional % 15.10%
Beta 1.24
ROA -52.59%
Price to book USD 32.70
P/E Ratio -3.42
Next Earnings Date 2019-08-08


AEterna Zentaris Inc. fell by -2.17% in the last day ( Wednesday, 22nd May 2019 ) from $3.22 to $3.15 During day the stock fluctuated 3.53% from a day low at $3.12 to a day high of $3.23. The price has been going up and down for this period, and there has been a -6.53% loss for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -59 109 shares and in total 46 805 shares bought and sold for approximately $147 436.00.

Quick summary:

  • 30 day high of the AEZS stock price was $4.35 and low was $2.93.
  • 90 day high was $5.57 and low was $2.93.
  • 52 week high for the AEterna Zentaris Inc. - $5.57 and low - $1.29.

Trend

AEterna Zentaris Inc. lies in the lower of a very wide and falling trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $2.95 will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -12.53% during the next 3 months and, with 90% probability hold a price between $2.58 and $4.42 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. AEterna Zentaris Inc. holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $3.21 and $4.00. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday May 15, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

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Relative Strength Index (RSI)

RSI14 is 40 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

AEterna Zentaris Inc. finds support from accumulated volume at $3.03.

Support: $3.03 Price: $3.15 Resistance: $3.17

Risk

This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.11 between high and low, or 3.53%. For the last week the stock has had a daily average volatility of 5.61%.

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

5.61 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

AEterna Zentaris Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Sell Candidate Downgraded
Stronger Sell Today AEZS ranks #4578 as SELL CANDIDATE #4578 Weaker Sell
AEZS $3.15 ($-0.07 -2.17%)
AEZS is down $0.07 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for AEZS based on the 1-3 month system that more than doubles the S&P 500.

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Will AEZS stock price go up or down
on Thu, 23 May 2019?

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