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Zanaga Iron Ore Company Limited (ZIOC.L) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Mon, 20 Nov 2017NoneMorning StarWed, 08 Nov 201785.71%
***Stock database and scans are updated around midnight (London time) every trading day.
19.50 0.00 (0%) Nov 20 9:00pm BST
Open: 17.75 Range: 16.00 - 20.25 Vol: 1.74M Avg Vol: 1.61M
EPS: -0.40 P/E ratio: 0.00 EBITDA: 62500.00 Mkt Cap: 19.07M
Analyze "ZIOC.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 20.10
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 10.55
Last Trade is above the 50 day moving average at 6.83
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 6.44
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of ZIOC.L

Stock Trend Analysis - Buy, Sell or Hold "Zanaga Iron Ore Company Limited" (ZIOC.L)?

ZIOC.L is in a long term trading range with an upward bias. The last 52 weeks has seen this stock maintain an upward swing with about 68% of the time spent trading above the 200 day moving average. For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. Even the 20 day moving average is trading in a range but with a bullish bias. For adventurous traders, once a trading range is identified, a viable strategy is to short breakouts and buy breakdowns with the expectation ZIOC.L will return into the established trading range. However, a more conservative and higher probability trade is to still buy dips as the longer term trend is still up. A good place to accummulate longs is at the 200 SMA currently near 6.44. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "ZIOC.L".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Mon, 20 Nov 2017
United Kingdom Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance