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. - Daily - Technical analysis published on 02/27/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

44%

17%

39%

My opinion

Bullish above 0.320 USD

My targets

0.371 USD (+6.22%)

0.430 USD (+23.30%)

My analysis

The strong short-term increase of ZOMEDICA CORP. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.320 USD, a purchase could be considered. The first bullish objective is located at 0.371 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.430 USD. If there is any crossing, the next objective would be the resistance at 0.454 USD. Caution, if there is a return under 0.320 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

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. On the day, this instrument lost -3.32% and was between 0.336 USD and 0.380 USD. This implies that the price is at +3.87% from its lowest and at -8.16% from its highest.

0.336

0.380

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 Daily shows a neutral overall trend. The strong bullish signals currently being given by short-term moving averages could allow the overall trend to return to bullish. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Daily

The probability of a further increase is slight given the direction of the technical indicators.
The Central Indicators scanner found no further results concerning independent technical indicators.

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:

Horizontal support is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	0.287	0.349	0.354	0.454	0.690
Change (%)	-17.77%	-	+1.43%	+30.09%	+97.71%
Change	-0.062	-	+0.005	+0.105	+0.341
Level	Major	-	Minor	Intermediate	Intermediate

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	0.213	0.256	0.303	0.346	0.393	0.436	0.483
Camarilla	0.324	0.333	0.341	0.349	0.357	0.366	0.374
Woodie	0.214	0.257	0.304	0.347	0.394	0.437	0.484
Fibonacci	0.256	0.291	0.312	0.346	0.381	0.402	0.436

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.65
MACD (12,26,9):	0.0090
Directional Movement:	9.649
AROON (14):	28.572
DEMA (21):	0.342
Parabolic SAR (0,02-0,02-0,2):	0.496
Elder Ray (13):	0.018
Super Trend (3,10):	0.324
Zig ZAG (10):	0.349
VORTEX (21):	1.0580
Stochastique (14,3,5):	28.41
TEMA (21):	0.360
Williams %R (14):	-70.47
Chande Momentum Oscillator (20):	0.057
Repulse (5,40,3):	-8.9030
ROCnROLL:	-1
TRIX (15,9):	0.1350
Courbe Coppock:	34.73

MA7:	0.365
MA20:	0.323
MA50:	0.328
MA100:	0.400
MAexp7:	0.349
MAexp20:	0.334
MAexp50:	0.345
MAexp100:	0.416
Price / MA7:	-4.38%
Price / MA20:	+8.05%
Price / MA50:	+6.40%
Price / MA100:	-12.75%
Price / MAexp7:	-0%
Price / MAexp20:	+4.49%
Price / MAexp50:	+1.16%
Price / MAexp100:	-16.11%

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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