Stock Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Zogenix, Inc (NASDAQ:ZGNX)
Bear Market Rally (-75) - ZGNX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZGNX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZGNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZGNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ZGNX
The long-term trend has been DOWN since Aug 3rd, 2020 at 23.6102
The intermediate-term trend has been UP since Sep 16th, 2020 at 25.2200
The short-term trend has been DOWN since Sep 17th, 2020 at 24.4100
Smart Scan Analysis for ZGNX
Based on our trend formula, ZGNX is rated as a -75 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||57.22||52wk High Date||2020-01-17|
|52wk Low||16.65||52wk Low Date||2020-03-18|
|Year End Close||1.33||Average Volume||703,290|
|Shares Outstanding||55,448||Short Interest||6,513,023|
|% Institutional||48.4||Market Cap||1,816M|