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 4 out of 10. In the past year, ZIM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
75% of all other stocks performed better in the past year than ZIM.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ZIM is one of the better performing stocks in the Marine Transportation industry, it outperforms 87% of 32 stocks in the same industry.
ZIM has an average volume of 7274120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZIM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZIM is lagging the market slightly.
In the last month ZIM has a been trading in the 13.35 - 20.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ZIM has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
12.94
20.30
When analyzing the support we can see 3 important areas.
- Support @14.57 from a trend line in the daily time frame.
- Support @14.02 from a trend line in the daily time frame.
- Support @13.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @18.33 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 19.18 to 19.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @20.10 from a trend line in the daily time frame.
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 ZIM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZIM is up. |
| ChartMill Relative Strength | 25.8 | NEGATIVE | ZIM has a low relative strength, it was outperformed by 74.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZIM is above 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) | 61.95 | NEUTRAL | The RSI value for ZIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests ZIM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.96 | NEUTRAL | The Stochastics value for ZIM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for ZIM suggests high volalility. |
| Average Directional Index/ADX (14) | 30.52 | POSITIVE | The high ADX value value for ZIM suggests a strong 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)
18.29
+0.19 (+1.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.05%
1 Week1.44%
2 Weeks28.35%
1 Month29.72%
3 Month-12.53%
6 Month-23.09%
12 Month-13.07%
2 Year43.68%
3 Year-71.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%5.6%
ATR Inc-23.51%
Range Today0.59
ADR(20)0.86
ADR(20)%4.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.8
Mansfield-0.71
10 Day High20.8
10 Day Low14.15
20 Day High20.8
20 Day Low13.35
52 Week High30.15
52 Week Low11.04
CS1 End14.57
CR1 Start18.33
Volume & EV
DER(3)1.37%
DER(5)1.8%
Volume4.34M
Volume Incr87.84%
Vol(5)10.14M
Vol(50)7.27M