Technical Analysis for ZNTE - Zanite Acquisition Corp.

Grade Last Price % Change Price Change
F 10.89 -0.46% -0.05
ZNTE closed down 0.46 percent on Friday, February 26, 2021, on approximately normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Down
Historical ZNTE trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bullish? Reversal 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Older End-of-Day Signals for ZNTE ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown 3 days ago
Down 3% 3 days ago
1.5x Volume Pace 3 days ago
Down 2 % 3 days ago
Down 1% 3 days ago
View Earlier Intraday Alerts

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Profile

Zanite Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the aviation, aerospace and defense, urban mobility, and emerging technology industries. The company was founded in 2020 and is based in Cleveland, Ohio.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Mergers And Acquisitions Special Purpose Acquisition Company Aerospace Human Resource Management Chase Bank Technology Industries

Is ZNTE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.95
52 Week Low 10.13
Average Volume 1,647,927
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 12.76
10-Day Moving Average 12.04
Average True Range 0.73
ADX 37.19
+DI 20.79
-DI 34.41
Chandelier Exit (Long, 3 ATRs ) 12.76
Chandelier Exit (Short, 3 ATRs ) 12.64
Upper Bollinger Band 14.86
Lower Bollinger Band 10.66
Percent B (%b) 0.05
BandWidth 32.91
MACD Line -0.04
MACD Signal Line 0.35
MACD Histogram -0.3868
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.70
Resistance 3 (R3) 11.64 11.32 11.57
Resistance 2 (R2) 11.32 11.11 11.35 11.52
Resistance 1 (R1) 11.10 10.98 10.94 11.16 11.47
Pivot Point 10.78 10.78 10.70 10.81 10.78
Support 1 (S1) 10.56 10.57 10.40 10.62 10.31
Support 2 (S2) 10.24 10.44 10.27 10.26
Support 3 (S3) 10.02 10.24 10.22
Support 4 (S4) 10.08