Zosano Pharma Corp Stock Analysis
Technical stock analysis for 22 January 2019
No changes to the price of Zosano Pharma Corp in the last trading day. The price has fallen in 5 of the last 10 days and is down by -15.81% for this period.
Close price at the end of the last trading day (Tuesday, 22nd Jan 2019) of the ZSAN stock was $2.29.
During day the stock fluctuated 0.00% from a day low at $2.29 to a day high of $2.29.
30 day high of the ZSAN stock price was $3.03 and low was $1.85.
90 day high was $4.07 and low was $1.85.
52 week high for the Zosano Pharma Corp - $25.70 and low - $1.85.
Zosano Pharma Corp lies in the middle of a very 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 -37.50% during the next 3 months and, with 90% probability hold a price between $0.86 and $1.84 at the end of this period.
There are few to none technical positive signals at the moment. Zosano Pharma Corp 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 $2.37 and $2.89. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Friday January 18, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.
Relative Strength Index (RSI)
RSI14 is 57 and the stock is currently not being overbought or oversold
Support & Resistance
Zosano Pharma Corp finds support from accumulated volume at $2.25.
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 $0.00 between high and low, or 0.00%. For the last week the stock has had a daily average volatility of 9.31%.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
Very Low Low Medium High Very High
Zosano Pharma Corp 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.
|ZSAN $2.29 $0.00(0.00%)|
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