


Technical Sentiment Analysis for ZW Data Action Technologies Inc (CNET) As of 2026-05-08, ZW Data Action Technologies Inc (CNET) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 7 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CNET stands at 51.063, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.00424, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 59.93 and the Commodity Channel Index (CCI) at 56.687 further confirm a -0.0024 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CNET is trading below its 60-day moving average of $0.75 and below its 200-day long-term moving average of $1.345. Key price levels to watch include the immediate resistance at $0.779 and strong support at $0.679. A break above $0.779 could signal a bull continuation, while falling below $0.679 may test the next Fibonacci floor at $0.622.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.579 | 0.622 | 0.679 | 0.722 | 0.779 | 0.822 | 0.878 |
| Fibonacci | 0.622 | 0.66 | 0.684 | 0.722 | 0.76 | 0.784 | 0.822 |
2026-05-08
| Name | Value |
|---|---|
| RSI_14 | 51.063 |
| STOCHk_14_3_3 | 59.93 |
| STOCHd_14_3_3 | 57.092 |
| CCI_20 | 56.687 |
| AO_5_34 | 0.00439 |
| MOM_10 | -0.0024 |
| MACD_12_26_9 | -0.00424 |
2026-05-08
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 0.727 | Buy |
| MA_10 | 0.735 | Buy |
| MA_20 | 0.735 | Buy |
| MA_60 | 0.75 | Sell |
| MA_200 | 1.345 | Sell |
| MA_250 | 1.367 | Sell |