Zion Oil Gas Stock Technical Analysis

ZNOGDelisted Stock  USD 0.08  0.01  14.29%   
As of the 21st of May, Zion Oil maintains the Market Risk Adjusted Performance of (10.10), downside deviation of 16.58, and Mean Deviation of 4.03. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zion Oil Gas, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Zion Oil Gas, which can be compared to its peers. Please check out Zion Oil Gas information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Zion Oil Gas is priced fairly, providing market reflects its latest price of 0.08 per share. As Zion Oil Gas appears to be a penny stock we also urge to confirm its total risk alpha numbers.

Zion Oil Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zion, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Zion
  
Zion Oil's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Zion Oil technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
A focus of Zion Oil technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zion Oil trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Zion Oil Gas Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Zion Oil Gas Trend Analysis

Use this graph to draw trend lines for Zion Oil Gas. You can use it to identify possible trend reversals for Zion Oil as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Zion Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Zion Oil Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Zion Oil Gas applied against its price change over selected period. The best fit line has a slop of   0.0002  , which may suggest that Zion Oil Gas market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Zion Oil price change compared to its average price change.

About Zion Oil Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Zion Oil Gas on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Zion Oil Gas based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Zion Oil Gas price pattern first instead of the macroeconomic environment surrounding Zion Oil Gas. By analyzing Zion Oil's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Zion Oil's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Zion Oil specific price patterns or momentum indicators. Please read more on our technical analysis page.

Zion Oil May 21, 2024 Technical Indicators

Most technical analysis of Zion help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Zion from various momentum indicators to cycle indicators. When you analyze Zion charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Other Consideration for investing in Zion OTC Stock

If you are still planning to invest in Zion Oil Gas check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Zion Oil's history and understand the potential risks before investing.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Equity Valuation
Check real value of public entities based on technical and fundamental data
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets