Birds Eye View Technical Analysis for Zion Oil & Gas, Inc. (NASDAQ:ZN)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Zion Oil & Gas, Inc. (NASDAQ:ZN) for the period of 9-Day stands at 33.26% while the stochastic %D for the same period stands at 22.68%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Zion Oil & Gas, Inc. (NASDAQ:ZN) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Zion Oil & Gas, Inc. (NASDAQ:ZN) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Zion Oil & Gas, Inc. (NASDAQ:ZN)’s 20-Day Bollinger Band indicates “Hold”.

About Company

ZION OIL & GAS, INC. was founded for the purpose of exploring for oil and gas in Israel and reaching production levels that would help Israel become an energy independent country. Zion Oil & Gas, a Delaware corporation, explores for oil and gas in Israel in areas located on-shore between Haifa and Tel Aviv. It currently holds two petroleum exploration licenses, the Joseph and the Asher-Menashe Licenses, between Netanya on the south and Haifa on the north. From its inception, the calling of Zion Oil & Gas has been to assist Israel in the restoration of the Land by finding and producing oil and gas helping to make Israel politically and economically independent.

Previous Day Activity Analysis

On the last trading day, Zion Oil & Gas, Inc. (NASDAQ:ZN) opened the session at $3.07 and after going up 10.65% closed at $3.22. The stock gained 0.15 points in the last trade.

Zion Oil & Gas, Inc. (NASDAQ:ZN)’s stock fluctuated in the range of $3.04 and $3.58 during the previous active session. Zion Oil & Gas, Inc. (NASDAQ:ZN) traded with the volume of 1.66 Million with average volume of 937.44 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0.91 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.23 and 52.57 respectively.

Currently the Insider Ownership of the shares of Zion Oil & Gas, Inc. (NASDAQ:ZN) is at 2% and the shares outstanding are 46.93 Million.

Important Ratio Analysis

Some important ratios to consider here for Zion Oil & Gas, Inc. (NASDAQ:ZN) are discussed below:

Dividend yield of Zion Oil & Gas, Inc. (NASDAQ:ZN) stands at 0% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The PEG ratio (Price to Earning to Growth) emits the value of 0. The Price to Sale P/S and Price to Book P/B shows the value of 0 and 12.88 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 38.75 and 0 correspondingly.

The Quick Ratio of Zion Oil & Gas, Inc. (NASDAQ:ZN) stands at 3.1 while the Current Ratio depicts the value of 3.1.

Return on Assets ROA of Zion Oil & Gas, Inc. (NASDAQ:ZN) is at -65.2% whereas, Return on Equity ROE and Return of Investment ROI of Zion Oil & Gas, Inc. (NASDAQ:ZN) stand at -95.2% and 0% respectively.

Stock Performance Analysis

The stock performance of Zion Oil & Gas, Inc. (NASDAQ:ZN) on the basis of 5 day trade show the jump of 15% whereas, the monthly performance of the stock shows decrease of -8%.

The quarterly performance of the stock remained in red zone with the value of -21.65% while six month performance of the shares of Zion Oil & Gas, Inc. (NASDAQ:ZN) remained bullish with the count of 177.59%.

The yearly and YTD performance of Zion Oil & Gas, Inc. (NASDAQ:ZN) remained up at 142.11% and 135.04% respectively.