ZIM INTEGRATED SHIPPING SERV (ZIM) Stock Technical Analysis
NYSE:ZIM - New York Stock Exchange, Inc. - IL0065100930 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ZIM. ZIM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
79% of all other stocks performed better in the past year 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 16.25 - 20.80 range, which is quite wide. It is currently trading near the lows of this range.
ZIM is part of the Marine Transportation industry. There are 32 other stocks in this industry. ZIM outperforms 74% of them.
ZIM has an average volume of 6638410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ZIM has a poor technical rating and the quality of the setup is also not perfect 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
13.18
18.51
3 important support areas can be observed.
- A support zone ranging from 16.54 to 16.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.85 from a trend line in the daily time frame.
- Support @13.31 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 16.81 to 17.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 17.55 to 17.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.30 to 18.33. 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 | NEUTRAL | NEUTRAL | The long term trend for ZIM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZIM is neutral. |
| ChartMill Relative Strength | 21.1 | NEGATIVE | ZIM has a low relative strength, it was outperformed by 78.9% 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) | UP | POSITIVE | The current price of ZIM is above the rising 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) | 47.75 | NEUTRAL | The RSI value for ZIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ZIM has a negative trend. |
| Stochastics (14,3) | 21.22 | NEUTRAL | The Stochastics value for ZIM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for ZIM suggests some volalility. |
| Average Directional Index/ADX (14) | 26.34 | 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)
16.57
-0.23 (-1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-1.37%
1 Week-3.44%
2 Weeks-3.83%
1 Month-9.35%
3 Month-9.16%
6 Month-16.65%
12 Month-10.58%
2 Year33.74%
3 Year-64.92%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%4.57%
ATR Inc5.97%
Range Today0.39
ADR(20)0.71
ADR(20)%4.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.1
Mansfield-1.74
10 Day High17.7
10 Day Low16.25
20 Day High20.8
20 Day Low16.25
52 Week High30.15
52 Week Low11.04
CS1 End16.56
CR1 Start16.81
Volume & EV
DER(3)-1.2%
DER(5)0.37%
Volume5.64M
Volume Incr-31.69%
Vol(5)5.25M
Vol(50)6.64M