Zion Oil & Gas, Inc. (ZN) moved 86.96% to 4.3

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Zion Oil & Gas, Inc. (ZN) stock managed performance 86.96% over the last week and switched with performance of 86.96% throughout past one month period. The stock price exposed a move of 99.07% so far this year and uncovered flow of 230.77% in recent year. The shares price displayed 105.74% return during the recent quarter while it has presented performance of 31.50% over the past six months. The stock exhibited 301.87% change to a low over the previous 12 months and manifested move of -37.68% to a high over the same period.

A moving average is the average price of a contract over the previous n-period closes. For example, a 20-period moving average is the average of the closing prices for the past 20 periods, including the current period. For intra-day data the current price is used in place of the closing price. The moving average is used to observe price changes. The effect of the moving average is to smooth the price movement so that the longer-term trend becomes less volatile and therefore more obvious.

When the price rises above the moving average, it indicates that investors are becoming bullish on the commodity. When the prices falls below, it indicates a bearish commodity. As well, when a moving average crosses below a longer-term moving average, the study indicates a down turn in the market. When a short-term moving average crosses above a longer term moving average, this indicates an upswing in the market. The longer the period of the moving average, the smoother the price movement is. Longer moving averages are used to isolate long-term trends.

Moving toward the technical facts, its current distance from 20-Day Simple Moving Average is 90.12% and standing 86.86% away from 50-Day Simple Moving Average while traded 59.97% away from 200-Day Simple Moving Average.

Zion Oil & Gas, Inc. (ZN) stock was most active stock of Wall Street Market on Tuesday. Zion Oil & Gas, Inc. moved 86.96% to 4.3. ZN received interesting focus from Active Investors and it has been trading on front line as seeing to it recent volume. Considering that the stock recent volume of 13607721 shares, this represents a pretty noteworthy trading in volume size. This trading sentiment put the stock on Active spotlight. ZN maintained activity of relative volume at 38.16.

When analyzing volume, determine the strength or weakness of a move. As traders, we are more interested to take part in strong moves and don’t join moves that show weakness – or we may even watch for an entry in the opposite direction of a weak move. These guidelines do not hold true in all situations, but they are a good general aid in trading decisions.

Currently, the 14-day Relative Strength Index (RSI) reading is at 82.4. As you can see RSI calculation is fairly simple. The objective of using RSI is to help the trader identify over sold and overbought price areas. Overbought implies that the positive momentum in the stock is so high that it may not be sustainable for long and hence there could be a correction. Likewise, an oversold position indicates that the negative momentum is high leading to a possible reversal.

When the RSI reading is between 30 and 0, the security is supposed to be oversold and ready for an upward correction. When the security reading is between 70 and 100, the security is supposed to be heavily bought and is ready for a downward correction. Institutional owners hold 5.80% stake while Insiders ownership held at 1.70% in the company.

The Average True Range was recorded at 0.31. The volatility in the previous week has experienced by 24.42% and observed of 11.35% in the previous month. The stock price value Change from Open was at 86.96% with a Gap of 0.00%. The stock’s short float is around of 3.07% and short ratio is 2.75. The stock has a beta value of 1.02. It sustained ROA (TTM) at -62.20%.

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Katy Gagnon has over 14 years experience in the stock industry giving her a vast understanding of how news affects the financial markets. She is the driving force behind Analysts-Buzz with a vision to broaden the company’s readership throughout 2016. Katy is an editor and reporter of news about Financial Sector Companies. Katy has a Masters Degree in Economics from Westminster University with previous roles counting Investment Banking. Email: katy@analystsbuzz.com

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