ZIM INTEGRATED SHIPPING SERV (ZIM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ZIM - IL0065100930 - Common Stock
We assign a technical rating of 9 out of 10 to ZIM. Both in the recent history as in the last year, ZIM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ZIM has an excellent technical rating, the quality of the presented setup is not ideal 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
12.39
4 important support areas can be observed.
- A support zone ranging from 19.82 to 19.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.27 from a trend line in the daily time frame.
- Support @15.41 from a horizontal line in the daily time frame.
- A support zone ranging from 12.52 to 12.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.41 to 20.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.75 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 | UP | POSITIVE | The long term trend for ZIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZIM is up. |
| ChartMill Relative Strength | 85.04 | POSITIVE | ZIM has a high relative strength, it outperformed 85.04% 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) | UP | POSITIVE | The current price of ZIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ZIM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.31 | NEUTRAL | The RSI value for ZIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ZIM has a negative trend. |
| Stochastics (14,3) | 75.32 | NEUTRAL | The Stochastics value for ZIM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ZIM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.42 | POSITIVE | The high ADX value value for ZIM suggests a strong trend. |
19.83
-0.01 (-0.05%)
ZIM INTEGRATED SHIPPING SERV / ZIM FAQ
Can you provide the ChartMill technical rating for ZIM INTEGRATED SHIPPING SERV?
ChartMill assigns a technical rating of 9 / 10 to ZIM.
What is the current trend direction of ZIM INTEGRATED SHIPPING SERV (ZIM) stock?
The current trend direction for ZIM INTEGRATED SHIPPING SERV (ZIM) is Bullish.
What is the RSI signal for ZIM INTEGRATED SHIPPING SERV (ZIM) stock?
ZIM INTEGRATED SHIPPING SERV (ZIM) has an RSI value of 68.3059. This indicates that the stock is currently neutral.
What is the MACD signal for ZIM stock?
The MACD indicator for ZIM INTEGRATED SHIPPING SERV (ZIM) has a value of -0.0283246, indicating a bearish trend.
Can you provide the short term momentum for ZIM INTEGRATED SHIPPING SERV?
The short term momentum for ZIM INTEGRATED SHIPPING SERV (ZIM) is positive.