NYSE:ZH - New York Stock Exchange, Inc. - US98955N2071 - ADR - Currency: USD
Taking everything into account, ZH scores 7 out of 10 in our technical rating. Although ZH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although ZH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
3.32
We found 5 important support areas.
3 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ZH is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZH is neutral. |
ChartMill Relative Strength | 85 | POSITIVE | ZH has a high relative strength, it outperformed 85% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZH is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZH is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZH is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 51.34 | NEUTRAL | The RSI value for ZH is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ZH has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 18.39 | OVERSOLD | The low Stochastics value suggests ZH may be oversold. |
Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ZH suggests some volalility. |
Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for ZH suggests a possible start of a new trend. |
4.41
+0.28 (+6.78%)