#Zoom stock forecast full#

#Zoom stock forecast full#

If Zomedica Pharmaceuticals Corp takes out the full calculated possible swing range there will be an estimated 13.29% move between the lowest and the highest trading price during the day. Which gives a possible trading interval of +/-$0.0134 (+/-6.64%) up or down from last closing price. Trading Expectations For The Upcoming Trading Day Of Tuesday 11thįor the upcoming trading day on Tuesday, 11th we expect Zomedica Pharmaceuticals Corp to open at $0.20, and during the day (based on 14 day Average True Range), We hold a negative evaluation for this stock. For the last week the stock has had daily average volatility of 4.20%. During the last day, the stock moved $0.0064 between high and low, or 3.20%. This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be 'high risk'. Zomedica finds support from accumulated volume at $0.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested. This causes a divergence and may be considered as an early warning, but it may also not. Volume fell during the last trading day while the price increased. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A break-up above any of these levels will issue buy signals. On corrections up, there will be some resistance from the lines at $0.21 and $0.23. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. The Zomedica stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Some negative signals were issued as well, and these may have some influence on the near short-term development.

Further rise is indicated until a new top pivot has been found. A buy signal was issued from a pivot bottom point on Tuesday, October 11, 2022, and so far it has risen 0.75%.