VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Buy

ZYME Forecast and Technical Stock Analysis

Buy candidate since 2019-07-16

No changes to the price of Zymeworks Inc in the last trading day ( Wednesday, 17th Jul 2019 ). During day the stock fluctuated 3.09% from a day low at $23.64 to a day high of $24.37. The price has risen in 5 of the last 10 days and is up by 1.95% over the past 2 weeks.

Quick summary:

  • 30 day high of the ZYME stock price was $25.50 and low was $17.60.
  • 90 day high was $25.50 and low was $15.17.
  • 52 week high for the Zymeworks Inc - $25.50 and low - $10.72.
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Trend

Zymeworks Inc 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 41.54% during the next 3 months and, with 90% probability hold a price between $29.21 and $36.09 at the end of this period.

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Signals

Zymeworks Inc holds a sales 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. On further gains, the stock will meet resistance from the short-term moving average at approximately $24.10. On a fall, the stock will find some support from the long-term average at approximately $21.61. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Monday July 15, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention for the next couple of days.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 80 ]

RSI14 is 65 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

Zymeworks Inc finds support from accumulated volume at $23.54.

Support: $23.54 Price: $24.00 Resistance: $24.07

Risk

This stock may move much during a 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 $0.73 between high and low, or 3.09%. For the last week, the stock has had a daily average volatility of 4.23%.

Our recommended stoploss: $22.47 (-6.38%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 2 days ago.)

4.23 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Buy Candidate Downgraded

Evaluation

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.

Weaker Buy Today ZYME ranks #1055 as BUY CANDIDATE #1055 Stronger Buy

Will ZYME stock price go up or down on Fri, 19 Jul 2019?

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