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.
ZIM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 20.09. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
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3 important support areas can be observed.
- A support zone ranging from 18.76 to 18.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.41 from a horizontal line in the daily time frame.
- A support zone ranging from 12.52 to 12.80. 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 20.09 to 20.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.91 from a horizontal line in the weekly 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 | 83.25 | POSITIVE | ZIM has a high relative strength, it outperformed 83.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZIM is below 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) | 55.45 | NEUTRAL | The RSI value for ZIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests ZIM has a negative trend. |
| Stochastics (14,3) | 32.32 | NEUTRAL | The Stochastics value for ZIM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for ZIM suggests high volalility. |
| Average Directional Index/ADX (14) | 26.89 | POSITIVE | The high ADX value value for ZIM suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.42 | 18.75 | 1.67 (8.18%) | 12.23% |
| An entry @20.42. This is a Buy Stop order right above the resistance zone. | An exit @18.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.67 points, which is 8.18%. | When investing 12.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
19.24
-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 55.4463. 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 -0.233765, 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.