ZIX CORP. - Daily - Technical analysis published on 09/06/2019 (GMT)
- 279
- 0
- Who voted?
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
ZIX CORP. Chart
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 7.80 USD
My targets
7.06 USD (-6.61%)
6.62 USD (-12.43%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on ZIX CORP. as long as the price remains well below 7.80 USD. The sellers” bearish objective is set at 7.06 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 6.62 USD. In case of crossing, the next objective would be the support located at 5.68 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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 Vincent Launay.
Additional analysis
Quotes
The ZIX CORP. rating is 7.56 USD. The price has increased by +1.48% since the last closing and was between 7.27 USD and 7.58 USD. This implies that the price is at +3.99% from its lowest and at -0.26% from its highest.7.27
7.58
7.56
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ZIX CORP. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
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.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 5.68 | 6.62 | 7.06 | 7.56 | 7.80 | 8.57 | 9.02 |
| Change (%) | -24.87% | -12.43% | -6.61% | - | +3.17% | +13.36% | +19.31% |
| Change | -1.88 | -0.94 | -0.50 | - | +0.24 | +1.01 | +1.46 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.91 | 7.04 | 7.25 | 7.38 | 7.58 | 7.71 | 7.92 |
| Camarilla | 7.36 | 7.39 | 7.42 | 7.45 | 7.48 | 7.51 | 7.54 |
| Woodie | 6.95 | 7.06 | 7.28 | 7.40 | 7.62 | 7.73 | 7.95 |
| Fibonacci | 7.04 | 7.17 | 7.25 | 7.38 | 7.51 | 7.59 | 7.71 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.49 | 6.76 | 7.05 | 7.32 | 7.61 | 7.88 | 8.17 |
| Camarilla | 7.20 | 7.25 | 7.30 | 7.35 | 7.40 | 7.45 | 7.50 |
| Woodie | 6.51 | 6.77 | 7.07 | 7.33 | 7.63 | 7.89 | 8.19 |
| Fibonacci | 6.76 | 6.97 | 7.10 | 7.32 | 7.53 | 7.66 | 7.88 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.05 | 5.04 | 6.19 | 8.18 | 9.33 | 11.32 | 12.47 |
| Camarilla | 6.49 | 6.77 | 7.06 | 7.35 | 7.64 | 7.93 | 8.21 |
| Woodie | 2.64 | 4.83 | 5.78 | 7.97 | 8.92 | 11.11 | 12.06 |
| Fibonacci | 5.04 | 6.24 | 6.98 | 8.18 | 9.38 | 10.12 | 11.32 |
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): | 41.48 | |
| MACD (12,26,9): | -0.3500 | |
| Directional Movement: | -9.44 | |
| AROON (14): | -28.58 | |
| DEMA (21): | 7.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.02 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 8.26 | |
| Zig ZAG (10): | 7.56 | |
| VORTEX (21): | 0.8900 | |
| Stochastique (14,3,5): | 45.40 | |
| TEMA (21): | 7.18 | |
| Williams %R (14): | -44.33 | |
| Chande Momentum Oscillator (20): | -0.12 | |
| Repulse (5,40,3): | 3.9000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.7100 | |
| Courbe Coppock: | 13.53 |
| MA7: | 7.34 | |
| MA20: | 7.66 | |
| MA50: | 8.62 | |
| MA100: | 8.82 | |
| MAexp7: | 7.45 | |
| MAexp20: | 7.72 | |
| MAexp50: | 8.26 | |
| MAexp100: | 8.35 | |
| Price / MA7: | +3.00% | |
| Price / MA20: | -1.31% | |
| Price / MA50: | -12.30% | |
| Price / MA100: | -14.29% | |
| Price / MAexp7: | +1.48% | |
| Price / MAexp20: | -2.07% | |
| Price / MAexp50: | -8.47% | |
| Price / MAexp100: | -9.46% |
News
The latest news and videos published on ZIX CORP. at the time of the analysis were as follows:
- Zix Reports Second Quarter 2019 Financial Results
- AppRiver’s Balkwell Tapped to Lead European Channel Sales Efforts
- Zix Acquires the Assets of Email Security Provider DeliverySlip
- Zix Closes Acquisition of AppRiver, Creating Leading Cloud-based Cybersecurity Solutions Provider
- Zix to Announce Fourth Quarter and Full Year 2018 Results on February 28
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ZIX CORP. - Daily