ZIM INTEGRATED SHIPPING SERV (ZIM) Stock Technical Analysis
NYSE:ZIM - New York Stock Exchange, Inc. - IL0065100930 - Common Stock - Currency: USD
Overall ZIM gets a technical rating of 0 out of 10. ZIM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, ZIM is a bad performer in the overall market: 70% of all stocks are doing better.
ZIM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
ZIM has an average volume of 5387720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZIM is part of the Marine Transportation industry. There are 36 other stocks in this industry, ZIM did better than 57% of them.
In the last month ZIM has a been trading in the 15.23 - 16.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ZIM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 15.41, a Stop Loss order could be placed below this zone.
More info and screens
13.38
17.01
3 important support areas can be observed.
- A support zone ranging from 15.35 to 15.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.94 from a trend line in the weekly time frame.
- Support @13.52 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.92 to 16.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.73 to 16.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for ZIM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZIM is down. |
| ChartMill Relative Strength | 30.84 | NEUTRAL | ZIM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZIM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZIM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48 | NEUTRAL | The RSI value for ZIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZIM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.91 | NEUTRAL | The Stochastics value for ZIM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ZIM suggests some volalility. |
| Average Directional Index/ADX (14) | 10.9 | NEGATIVE | The low ADX value for ZIM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
15.91
+0.15 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0.95%
1 Week-2.87%
2 Weeks1.34%
1 Month-3.63%
3 Month11.49%
6 Month-12.05%
12 Month-13.15%
2 Year31.81%
3 Year-55.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%2.84%
ATR Inc-7.63%
Range Today0.38
ADR(20)0.41
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.84
Mansfield-2.05
10 Day High16.74
10 Day Low15.31
20 Day High16.74
20 Day Low15.23
52 Week High30.15
52 Week Low11.04
CS1 End15.41
CR1 Start15.92
Volume & EV
DER(3)-0.47%
DER(5)0.06%
Volume2.97M
Volume Incr-22.76%
Vol(5)3.30M
Vol(50)5.39M