ZEEKR INTELLIGENT TECHNO-ADR (ZK) Stock Technical Analysis
NYSE:ZK - US98923K1034 - ADR
29.46 USD
-0.4 (-1.34%)
29.46 USD
0 (0%)
Overall ZK gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZK is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ZK is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, ZK also shows a nice and consistent pattern of rising prices.
ZK is one of the better performing stocks in the Automobiles industry, it outperforms 86% of 37 stocks in the same industry.
ZK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZK is lagging the market slightly.
In the last month ZK has a been trading in the 27.08 - 31.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ZK 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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. 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
21.64
32.62
We found 4 important support areas.
- Support @27.00 from a horizontal line in the daily time frame.
- Support @25.91 from a horizontal line in the weekly time frame.
- Support @25.50 from a horizontal line in the daily time frame.
- Support @21.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @31.36 from a horizontal line in the weekly time frame.
- Resistance @32.30 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 ZK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZK is neutral. |
| ChartMill Relative Strength | 91.51 | POSITIVE | ZK has a high relative strength, it outperformed 91.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZK is above the rising 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) | 50.91 | NEUTRAL | The RSI value for ZK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ZK has a negative trend. |
| Stochastics (14,3) | 36.15 | NEUTRAL | The Stochastics value for ZK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for ZK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.37 | NEGATIVE | The low ADX value for ZK suggests a weak or negative 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)
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 |
|---|---|---|---|
| 30.11 | 28.84 | 1.27 (4.22%) | 23.69% |
| An entry @30.11. This is a Buy Stop order right above the 10 day moving average. | An exit @28.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.27 points, which is 4.22%. | When investing 23.69% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of ZK. Please evaluate whether better entry and exit points can be found.
- 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.
29.46
-0.4 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-1.34%
1 Week-2.22%
2 Weeks-0.57%
1 Month3.19%
3 Month12.06%
6 Month9.72%
12 Month82.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%2.79%
ATR Inc-38.31%
Range Today0.63
ADR(20)0.77
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.51
Mansfield0.53
10 Day High31.71
10 Day Low28.85
20 Day High31.71
20 Day Low27.08
52 Week High33.32
52 Week Low15.12
CS1 End27
CR1 Start31.36
Volume & EV
DER(3)-5.41%
DER(5)-2.81%
Volume353.00K
Volume Incr88.57%
Vol(5)787.58K
Vol(50)474.78K