Stock Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
Zogenix, Inc (NASDAQ:ZGNX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for ZGNX
The long term trend has been DOWN since Apr 18th, 2019 at 35.5167
The intermediate term trend has been DOWN since May 20th, 2019 at 36.9300
The short term trend has been UP since May 22nd, 2019 at 38.1300
Smart Scan Analysis for ZGNX
Based on a pre-defined weighted trend formula for chart analysis, ZGNX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||62.75||Year High Date||2018-07-13|
|Year Low||33.4194||Year Low Date||2018-01-08|
|52wk High||62.75||52wk High Date||2018-07-13|
|52wk Low||33.43||52wk Low Date||2018-12-24|
|Year End Close||1.33||Average Volume||410,205|
|Shares Outstanding||41,968||Short Interest||6,513,023|
|% Institutional||48.4||Market Cap||1,972M|