USA - NYSE:ZK - US98923K1034 - ADR
Overall ZK gets a technical rating of 4 out of 10. In the last year, ZK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, ZK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 28.55, a Stop Loss order could be placed below this zone.
22.69
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice 4 important areas.
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 ZK is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZK is neutral. |
ChartMill Relative Strength | 73.69 | POSITIVE | ZK has a high relative strength, it outperformed 73.69% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZK is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZK is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZK is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.32 | NEUTRAL | The RSI value for ZK is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ZK has a negative trend. |
Stochastics (14,3) | 30.23 | NEUTRAL | The Stochastics value for ZK is a neutral value. |
Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for ZK suggests some volalility. |
Average Directional Index/ADX (14) | 12.74 | NEGATIVE | The low ADX value for ZK suggests a weak or negative trend. |
28.56
-0.92 (-3.12%)