ziopharm oncology technical analysis charts
TRANSCRIPT
December 17, 2015
ZIOP: ZIOPHARM Oncology technical analysis charts
On Wednesday, compared to Tuesday, price action opened higher (8.75, vs
Tuesday's close of 8.70), saw a lower high (8.99, vs Tuesday's high of 9.14) and
lower low (8.35, vs Tuesday's low of 8.67); and closed lower (8.55, vs Tuesday's
close of 8.70). The day's range was 64 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell
towards the bottom of the 20 day moving average envelope (11.33). The
parameters of the envelope (10.99-11.67) are pointing lower.
The RSI (24.73) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.
December 17, 2015
The MACD 12 day moving average is above the MACD 26 day moving average;
both are above zero and falling.
The Slow Stochastics, below, generated a positive signal, as the K line crossed
above the D line.
The Commodity Channel Index (-120.09), below, is in positive mode above the
oversold -200 level.
On the DAILY BOLLINGER BANDS CHART below, Wednesday represents the 2nd
consecutive close below the middle of the Bollinger Band envelope (11.33). The
Bollinger Bands (7.91-14.75) are pointing lower; and widened from a width of 646
ticks on Tuesday to a width of 684 ticks on Wednesday.
December 17, 2015
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (8.90, moving down) is below the 20 day moving average (11.33, moving
down); in negative mode. The 3-50 day strip of moving averages ranges from the
3 day moving average (8.59) at the bottom of the range to the 30 day moving
average (12.01) at the top of the range.
December 17, 2015
The Parabolic Stop and Reverse (10.89) below is in the 10th day of sell mode.
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 2nd
consecutive close below the middle of the Bollinger Bands envelope (10.91). The
Bollinger Bands (7.79-14.03) are pointing lower; expanding from a width of 619
ticks on Tuesday to a width of 624 ticks on Wednesday.