ZKH GROUP LTD (ZKH) Stock Technical Analysis
NYSE:ZKH - US98877R1041 - ADR
2.992 USD
+0.02 (+0.74%)
2.97 USD
-0.02 (-0.74%)
Taking everything into account, ZKH scores 0 out of 10 in our technical rating. ZKH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
82% of all other stocks performed better in the past year than ZKH.
ZKH is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, of which 78% are performing better than ZKH.
In the last month ZKH has a been trading in the 2.70 - 3.15 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
ZKH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZKH is lagging the market.
ZKH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.99, a Stop Loss order could be placed below this zone.
More info and screens
2.71
3.55
We found 3 important support areas.
- A support zone ranging from 2.93 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.83 from a horizontal line in the daily time frame.
- A support zone ranging from 2.74 to 2.77. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.13 to 3.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.51 from a trend 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 | DOWN | NEGATIVE | The long term trend for ZKH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZKH is neutral. |
| ChartMill Relative Strength | 18.98 | NEGATIVE | ZKH has a low relative strength, it was outperformed by 81.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZKH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZKH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZKH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.12 | NEUTRAL | The RSI value for ZKH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZKH has a positive trend. |
| Stochastics (14,3) | 66.07 | NEUTRAL | The Stochastics value for ZKH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for ZKH suggests some volalility. |
| Average Directional Index/ADX (14) | 38.6 | POSITIVE | The high ADX value value for ZKH 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)
2.992
+0.02 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.74%
1 Week-0.93%
2 Weeks-0.27%
1 Month-1.58%
3 Month4.62%
6 Month-14.76%
12 Month-16.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%4.85%
ATR Inc14.91%
Range Today0.3
ADR(20)0.14
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.98
Mansfield-1.77
10 Day High3.15
10 Day Low2.85
20 Day High3.15
20 Day Low2.7
52 Week High4.07
52 Week Low2.5
CS1 End2.99
CR1 Start3.13
Volume & EV
DER(3)-0.9%
DER(5)0.91%
Volume74.00K
Volume Incr-91.2%
Vol(5)41.60K
Vol(50)210.77K