


Technical Sentiment Analysis for ZW Data Action Technologies Inc (CNET) As of 2026-05-29, ZW Data Action Technologies Inc (CNET) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 2 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CNET stands at 44.021, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.00899, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 41.267 and the Commodity Channel Index (CCI) at -101.965 further confirm a -0.085 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CNET is trading below its 60-day moving average of $0.727 and below its 200-day long-term moving average of $1.297. Key price levels to watch include the immediate resistance at $0.789 and strong support at $0.639. A break above $0.789 could signal a bull continuation, while falling below $0.639 may test the next Fibonacci floor at $0.57.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.489 | 0.57 | 0.639 | 0.72 | 0.789 | 0.87 | 0.939 |
| Fibonacci | 0.57 | 0.627 | 0.662 | 0.72 | 0.777 | 0.812 | 0.87 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 44.021 |
| STOCHk_14_3_3 | 41.267 |
| STOCHd_14_3_3 | 49.356 |
| CCI_20 | -101.965 |
| AO_5_34 | -0.0118 |
| MOM_10 | -0.085 |
| MACD_12_26_9 | -0.00899 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 0.715 | Sell |
| MA_10 | 0.709 | Sell |
| MA_20 | 0.719 | Sell |
| MA_60 | 0.727 | Sell |
| MA_200 | 1.297 | Sell |
| MA_250 | 1.325 | Sell |