ZIG in upward trend: price rose above 50-day moving average on November 14, 2023
ZIG moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend. In of 40 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on ZIG as a result. In of 66 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ZIG just turned positive on November 01, 2023. Looking at past instances where ZIG's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .
The 10-day moving average for ZIG crossed bullishly above the 50-day moving average on November 15, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ZIG advanced for three days, in of 293 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 291 cases where ZIG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZIG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
ZIG broke above its upper Bollinger Band on November 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
Category MidCapValue
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| TEGAX | 30.97 | 0.28 | +0.91% |
| Touchstone Mid Cap Growth A | |||
| CSCJX | 12.72 | 0.06 | +0.47% |
| CornerCap Small-Cap Value Institutional | |||
| WCMWX | 11.82 | 0.05 | +0.42% |
| WCM Focused Emerging Mkts Ex Chn Inst | |||
| GSLAX | 15.13 | 0.06 | +0.40% |
| Goldman Sachs Large Cap Value A | |||
| OTFCX | 32.04 | 0.04 | +0.13% |
| Invesco Capital Appreciation C | |||
ZIG and
Correlation & Price change
A.I.dvisor tells us that ZIG and SPY have been poorly correlated (+4% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ZIG and SPY's prices will move in lockstep.