ZOMEDICA CORP.

- USD (-)

- 15 min delayed data - NYSE MKT Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	ZOM
ISIN:	CA98979F1071

ZOMEDICA CORP. - Weekly - Technical analysis published on 02/27/2022 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

33%

My opinion

Bearish under 0.430 USD

My targets

0.320 USD (-8.22%)

0.261 USD (-25.30%)

My analysis

In the short term, we can see an acceleration in the bearish trend on ZOMEDICA CORP., which is a positive signal for sellers. As long as the price remains above 0.430 USD, a sale could be considered. The first bearish objective is located at 0.320 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.261 USD as an objective. Crossing it would then enable sellers to target 0.210 USD. If the price were to return above 0.430 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ZOMEDICA CORP. rating is 0.349 USD. Over 5 days, this instrument lost -3.94% with the lowest point at 0.300 USD and the highest point at 0.385 USD. The deviation from the price is +16.33% for the low point and -9.35% for the high point.

0.300

0.385

0.349

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of ZOMEDICA CORP. in Weekly shows an overall bearish trend. The signals given by moving averages are 78.57% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Moving Average bearish crossovers : AMA50 & AMA100

Type : Bearish

Timeframe : Weekly

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:

Bearish harami

Type : Bearish

Timeframe : Weekly

Doji

Type : Neutral

Timeframe : Weekly

ProTrendLines

Price

	Price	R1	R2	R3
ProTrendLines	0.349	0.454	1.150	1.750
Change (%)	-	+30.09%	+229.51%	+401.43%
Change	-	+0.105	+0.801	+1.401
Level	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.286	0.311	0.330	0.355	0.374	0.399	0.418
Camarilla	0.337	0.341	0.345	0.349	0.353	0.357	0.361
Woodie	0.283	0.310	0.327	0.354	0.371	0.398	0.415
Fibonacci	0.311	0.328	0.338	0.355	0.372	0.382	0.399

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.059	0.174	0.269	0.384	0.479	0.594	0.689
Camarilla	0.305	0.325	0.344	0.363	0.382	0.402	0.421
Woodie	0.048	0.169	0.258	0.379	0.468	0.589	0.678
Fibonacci	0.174	0.255	0.304	0.384	0.465	0.514	0.594

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.151	0.210	0.261	0.320	0.371	0.430	0.481
Camarilla	0.281	0.291	0.301	0.311	0.321	0.331	0.341
Woodie	0.146	0.208	0.256	0.318	0.366	0.428	0.476
Fibonacci	0.210	0.252	0.278	0.320	0.362	0.388	0.430

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	41.53
MACD (12,26,9):	-0.0850
Directional Movement:	8.335
AROON (14):	-71.429
DEMA (21):	0.274
Parabolic SAR (0,02-0,02-0,2):	0.275
Elder Ray (13):	-0.010
Super Trend (3,10):	0.497
Zig ZAG (10):	0.349
VORTEX (21):	0.8360
Stochastique (14,3,5):	26.55
TEMA (21):	0.273
Williams %R (14):	-65.57
Chande Momentum Oscillator (20):	0.019
Repulse (5,40,3):	-3.4780
ROCnROLL:	2
TRIX (15,9):	-2.6660
Courbe Coppock:	59.86

MA7:	0.365
MA20:	0.323
MA50:	0.328
MA100:	0.400
MAexp7:	0.334
MAexp20:	0.397
MAexp50:	0.531
MAexp100:	0.626
Price / MA7:	-4.38%
Price / MA20:	+8.05%
Price / MA50:	+6.40%
Price / MA100:	-12.75%
Price / MAexp7:	+4.49%
Price / MAexp20:	-12.09%
Price / MAexp50:	-34.27%
Price / MAexp100:	-44.25%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

Don't forget to follow the news on ZOMEDICA CORP.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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