Why is ZYME Down Today?

ZYME
$25.14
▼ -3.16% ($-0.79)
Last updated: Oct 02, 2026 8:35 PM ET (817 min ago)

About Zymeworks Inc.

Zymeworks Inc is a clinical-stage biopharmaceutical company dedicated to the discovery, development and commercialization of next-generation multifunctional biotherapeutics. Its suite of therapeutic platforms and its fully integrated drug development engine enables precise engineering of differentia...

Sector: PHARMACEUTICAL PREPARATIONS
Market Cap: $1.28B
Forward P/E: -40.2
52-Week Range: $16.00 - $31.34
Employees: 273

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 PHARMACEUTICAL PREPARATIONS sector moving together
This appears to be a sector-wide move. The PHARMACEUTICAL PREPARATIONS sector is down 1.6% on average.

✅ Move Confirmation

LOW VOLUME 0.6x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

PHARMACEUTICAL PREPARATIONS sector: -1.6%

This appears to be a sector-wide move. Most PHARMACEUTICAL PREPARATIONS stocks are moving in the same direction.

Market Comparison

ZYME is significantly underperforming the market (-3.9% vs SPY)
S&P 500
SPY
+0.74%
Nasdaq 100
QQQ
+1.02%
ZYME
This Stock
-3.16%
vs S&P 500: -3.9%
vs Nasdaq: -4.18%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, ZYME is expected to trade between:
$24.39 - $25.64

Key Level to Watch

$23.88 support
Watch for breakdown below $25.14

🔔 Get ZYME Alerts

We'll notify you when ZYME's trend changes or a new signal fires.

Last updated: Oct 02, 2026 8:35 PM (817 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bearish
Options Sentiment
1.89
Put/Call Ratio
100.6%
Implied Volatility
Call Volume: 11,544
Put Volume: 21,774
Total: 33,318
Unusual Activity: $35 CALL (3,144 vol) $25 PUT (2,574 vol) $25 PUT (2,574 vol)

Historical Context

ZYME has moved more than 3.0% down on 30 occasions in the past year.

46.7%
Continuation Rate
14/30 times continued down
+0.25%
Avg Next Day Change
After similar down moves
Last similar move: Sep 18, 2026 (-3.3%) → Next day: +0.9%

Frequently Asked Questions

Why is ZYME stock down today?

This appears to be a sector-wide move. The PHARMACEUTICAL PREPARATIONS sector is down 1.6% on average.

Is ZYME stock a buy or sell right now?

Based on current analysis, ZYME shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the ZYME stock price target?

ZYME is currently trading at $25.14. Based on today's momentum, the expected short-term range is $24.39 - $25.64. See long-term price prediction →

Will ZYME stock continue falling?

Our analysis shows a 45% probability that ZYME's move continues in the next 1-3 days. Key level to watch: $23.88 (support).

Is ZYME stock oversold or overbought?

ZYME's RSI (Relative Strength Index) is currently at 40.2. This shows bearish momentum - the stock has negative momentum but isn't oversold yet.

What is the momentum for ZYME stock?

ZYME's 10-day momentum indicator is at -1.42. Negative momentum - the stock has mild downward pressure which may continue short-term.

Is ZYME outperforming or underperforming the market?

ZYME (-3.16%) is currently significantly underperforming the market (-3.9% vs SPY). Today, the S&P 500 (SPY) is up 0.74%, and Nasdaq (QQQ) is up 1.02%.

What does MACD indicate for ZYME?

ZYME's MACD (-0.23) is currently below the signal line (0.01), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 20.5) is moderate.

Is ZYME in an uptrend or downtrend?

Based on moving average analysis, ZYME is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $26.87, 50-day SMA: $26.17.

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