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NYSE INTRA-DAY STOCK REPORT
www.buysellsignals.com
Ermenegildo Zegna N.V. (NYSE:ZGN $7.29) has dropped 11.0c (1.5%) to trade at $7.29 at 15:02 pm, New York time Tuesday.
The 200-day Moving Average Price (MAP) is $9.40, down from $9.42 on Monday. The price to MAP ratio is 0.78. This is another bearish indicator. In the past month the MAP has exceeded the share price on 21/21 days; a bearish signal.
There were 314,690 shares worth $2.3 million traded so far today. The volume was 0.5 times the average trading volume of 640,080 shares since open at 09:30 am.
RECAP OF MONDAY'S BEARISH SIGNALS
Downtrend
Today's Volatility:
The 4% premium to 12-month low of $7.13 against the 51% discount to high of $15.09 suggests the stock continues to push for new lows.
Today its volatility (highest price minus lowest price/lowest price) of 2.8% was 0.8 times the average daily volatility of 3.4%, up from 2.3% on Friday. Beta < 1 combined with price fall. The Beta of the stock is 0.9.
Price/Moving Average...