ZIM INTEGRATED SHIPPING SERV (ZIM) Stock Technical Analysis
NYSE:ZIM - IL0065100930 - Common Stock
13.51 USD
-0.15 (-1.1%)
13.4701 USD
-0.04 (-0.3%)
Taking everything into account, ZIM scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than ZIM.
ZIM is part of the Marine Transportation industry. There are 35 other stocks in this industry, of which 61% are performing better than ZIM.
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.
In the last month ZIM has a been trading in the 13.39 - 18.36 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ZIM has an average volume of 5296000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ZIM is bad and it also does not present a 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
12.38
18.20
When analyzing the support we notice one important area.
- Support @12.51 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 15.59 to 15.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.98 from a trend line in the daily time frame.
- Resistance @17.56 from a horizontal line in the daily time frame.
- Resistance @18.02 from a horizontal 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 | 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 | 10.5 | NEGATIVE | ZIM has a low relative strength, it was outperformed by 89.5% off all stocks 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) | 31.53 | NEUTRAL | The RSI value for ZIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests ZIM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.12 | OVERSOLD | The low Stochastics value suggests ZIM may be oversold. |
| Average True Range in percent/ATR (20) | 5.42 | HIGH VOLATILITY | The high ATR as a percentage value for ZIM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.43 | 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)
13.51
-0.15 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-1.1%
1 Week-6.63%
2 Weeks-13.12%
1 Month-15.08%
3 Month-23.06%
6 Month-34.89%
12 Month-16.5%
2 Year29.28%
3 Year-42.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%5.42%
ATR Inc-36.34%
Range Today0.22
ADR(20)0.64
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
CRS10.5
Mansfield-3.23
10 Day High15.57
10 Day Low13.39
20 Day High18.36
20 Day Low13.39
52 Week High30.15
52 Week Low11.04
CS1 End12.51
CR1 Start15.59
Volume & EV
DER(3)1.21%
DER(5)-1.65%
Volume3.25M
Volume Incr-38.96%
Vol(5)3.91M
Vol(50)5.30M