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(ZYXI) Zynex Inc complete technical analysis [charts+indicators] | Buy/Sell Zynex Inc | (ZYXI) share price targets

Complete technical analysis of Zynex Inc (ZYXI) by charts plus indicators, forecast predictions and share price targets for Zynex Inc (ZYXI)

Zynex Inc trades in USA in Health Care sector.

Showing technical analysis as on 2024-05-20 View latest technical analysis

10 day averaged volume of Zynex Inc is 96545

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon May 2024	10.56	10.89	10.98	10.56	0.694 times
17 Fri May 2024	10.88	11.01	11.01	10.84	0.642 times
16 Thu May 2024	11.00	11.01	11.01	10.86	0.649 times
15 Wed May 2024	11.01	11.02	11.08	10.89	0.812 times
14 Tue May 2024	10.86	11.03	11.03	10.73	0.981 times
13 Mon May 2024	10.68	10.49	10.68	10.40	1.033 times
10 Fri May 2024	10.49	10.44	10.78	10.43	1.678 times
09 Thu May 2024	10.34	10.77	10.81	10.31	1.581 times
08 Wed May 2024	10.73	10.83	10.88	10.65	0.668 times
07 Tue May 2024	10.94	10.82	11.14	10.76	0.902 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10.6, but if it comes above 10.6, then a intra day buy could be more profitable.
If you take a sell trade below 10.6, then use 10.6 as stoploss and 10.2 as target. However if you take a buy trade in stock , then use 10.6 as stoploss and 10.98 as target.

Share price targets for Zynex Inc (ZYXI)

Target Type	Value
Downside Target	9.80
Downside Target	10.31
Upside Target	10.89
Upside Target	11.50
Upside Target	11.53
Upside Target	12.00
Upside Target	12.07
Upside Target	12.19
Upside Target	12.84
Upside Target	13.43
Upside Target	13.77

Intraday share price targets for Zynex Inc (ZYXI)

Target Type	Value
Downside Intraday Target	10.42
Downside Intraday Target	10.28
Upside Intraday Target	10.84
Upside Intraday Target	11.12
Upside Intraday Target	10.7

Weekly technical analysis of Zynex Inc (ZYXI)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon May 2024	10.56	10.89	10.98	10.56	0.169 times
17 Fri May 2024	10.88	10.49	11.08	10.40	0.699 times
10 Fri May 2024	10.49	11.06	11.15	10.31	0.684 times
03 Fri May 2024	11.00	11.24	12.19	10.95	1.22 times
26 Fri Apr 2024	11.21	11.43	11.53	10.89	1.02 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Zynex Inc (ZYXI)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Mon May 2024	10.56	11.06	12.19	10.31	0.515 times
30 Tue Apr 2024	10.97	12.33	12.84	10.89	0.707 times
28 Thu Mar 2024	12.37	12.05	13.43	12.00	0.826 times
29 Thu Feb 2024	13.56	11.93	13.77	11.50	0.662 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Zynex Inc (ZYXI)

Price action analysis of Zynex Inc ( (ZYXI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Zynex Inc ( (ZYXI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zynex Inc ( (ZYXI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Zynex Inc ( (ZYXI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Zynex Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Zynex Inc in short term but the buy signal is initial and weak.

Zynex Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Zynex Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Zynex Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.69 and Zynex Inc (ZYXI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Zynex Inc (ZYXI) stock. Volume based technical analysis of Zynex Inc (ZYXI) stock is negative.

Zynex Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.