ZKH GROUP LTD (ZKH) Stock Technical Analysis
USA - NYSE:ZKH - US98877R1041 - ADR
2.9 USD
-0.01 (-0.34%)
2.8518 USD
-0.05 (-1.66%)
Overall ZKH gets a technical rating of 0 out of 10. 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.
81% of all other stocks performed better in the past year than ZKH.
ZKH is one of the lesser performing stocks in the Trading Companies & Distributors industry. 79% of 50 stocks in the same industry do better.
ZKH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ZKH has a been trading in the 2.70 - 3.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.
ZKH has a bad technical rating, but it does show 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 2.96. Right above this resistance zone may be a good entry point.
More info and screens
2.71
3.51
3 important support areas can be observed.
- Support @2.88 from a trend line 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.96 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.13 to 3.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.48 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 | 19.26 | NEGATIVE | ZKH has a low relative strength, it was outperformed by 80.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZKH is below 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) | 45.98 | NEUTRAL | The RSI value for ZKH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZKH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.43 | NEUTRAL | The Stochastics value for ZKH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ZKH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.62 | NEGATIVE | The low ADX value for ZKH 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)
2.9
-0.01 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.34%
1 Week-3.01%
2 Weeks1.4%
1 Month-3.01%
3 Month-8.52%
6 Month-10.49%
12 Month-3.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%3.86%
ATR Inc-12.06%
Range Today0.12
ADR(20)0.11
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.26
Mansfield-2.14
10 Day High3.01
10 Day Low2.84
20 Day High3.15
20 Day Low2.7
52 Week High4.07
52 Week Low2.5
CS1 End2.88
CR1 Start2.96
Volume & EV
DER(3)-6.1%
DER(5)-0.94%
Volume49.60K
Volume Incr-14.45%
Vol(5)29.64K
Vol(50)212.92K