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. - 1H - Technical analysis published on 05/14/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bullish

Underlying: Bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 0.1457 USD

My targets

0.1570 USD (+4.74%)

0.1610 USD (+7.40%)

My analysis

All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on ZOMEDICA CORP. as long as the price remains well above 0.1457 USD. The buyers' bullish objective is set at 0.1570 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.1610 USD. If there is any crossing, the next objective would be the resistance located at 0.1724 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

4.8

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ZOMEDICA CORP. price is 0.1499 USD. On the day, this instrument gained +7.30% and was between 0.1408 USD and 0.1587 USD. This implies that the price is at +6.46% from its lowest and at -5.55% from its highest.

0.1408

0.1587

0.1499

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

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ZOMEDICA CORP.:

Technical

Technical analysis of this 1H chart of ZOMEDICA CORP. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

MACD indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.1282	0.1371	0.1457	0.1499	0.1500	0.1570	0.1610
Change (%)	-14.48%	-8.54%	-2.80%	-	+0.07%	+4.74%	+7.40%
Change	-0.0217	-0.0128	-0.0042	-	+0.0001	+0.0071	+0.0111
Level	Minor	Major	Minor	-	Intermediate	Minor	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.1305	0.1338	0.1368	0.1401	0.1431	0.1464	0.1494
Camarilla	0.1380	0.1386	0.1391	0.1397	0.1403	0.1409	0.1414
Woodie	0.1303	0.1337	0.1366	0.1400	0.1429	0.1463	0.1492
Fibonacci	0.1338	0.1362	0.1377	0.1401	0.1425	0.1440	0.1464

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0867	0.1111	0.1236	0.1480	0.1605	0.1849	0.1974
Camarilla	0.1260	0.1293	0.1327	0.1361	0.1395	0.1429	0.1463
Woodie	0.0808	0.1081	0.1177	0.1450	0.1546	0.1819	0.1915
Fibonacci	0.1111	0.1252	0.1339	0.1480	0.1621	0.1708	0.1849

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.0986	0.1104	0.1263	0.1381	0.1540	0.1658	0.1817
Camarilla	0.1345	0.1370	0.1396	0.1421	0.1446	0.1472	0.1497
Woodie	0.1006	0.1114	0.1283	0.1391	0.1560	0.1668	0.1837
Fibonacci	0.1104	0.1210	0.1276	0.1381	0.1487	0.1553	0.1658

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):	52.50
MACD (12,26,9):	-0.0001
Directional Movement:	11.0487
AROON (14):	78.5714
DEMA (21):	0.1468
Parabolic SAR (0,02-0,02-0,2):	0.1422
Elder Ray (13):	0.0038
Super Trend (3,10):	0.1424
Zig ZAG (10):	0.1492
VORTEX (21):	0.9022
Stochastique (14,3,5):	73.52
TEMA (21):	0.1485
Williams %R (14):	-38.77
Chande Momentum Oscillator (20):	0.0094
Repulse (5,40,3):	-0.5070
ROCnROLL:	1
TRIX (15,9):	-0.2694
Courbe Coppock:	15.68

MA7:	0.1540
MA20:	0.1414
MA50:	0.1390
MA100:	0.1452
MAexp7:	0.1500
MAexp20:	0.1480
MAexp50:	0.1492
MAexp100:	0.1469
Price / MA7:	-2.66%
Price / MA20:	+6.01%
Price / MA50:	+7.84%
Price / MA100:	+3.24%
Price / MAexp7:	-0.07%
Price / MAexp20:	+1.28%
Price / MAexp50:	+0.47%
Price / MAexp100:	+2.04%

Quotes : - 15 min delayed data - NYSE MKT Stocks

News

The latest news and videos published on ZOMEDICA CORP. at the time of the analysis were as follows:

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

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