Taking everything into account, ZKIN scores 2 out of 10 in our technical rating. ZKIN'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.
- When comparing the yearly performance of all stocks, ZKIN is a bad performer in the overall market: 91% of all stocks are doing better.
- ZKIN is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 88% are performing better than ZKIN.
- ZKIN 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.
- Warning: ZKIN has an average volume of 21422 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ZKIN has a been trading in the 1.20 - 2.12 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ZKIN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.53
When analyzing the support we can see 3 important areas.
- Support @1.62 from a trend line in the daily time frame.
- Support @1.59 from a trend line in the weekly time frame.
- Support @1.55 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 2.07 to 2.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.28 from a trend line in the weekly time frame.
- Resistance @2.71 from a trend line in the daily time frame.
- Resistance @2.78 from a horizontal line in the weekly time frame.
- Resistance @2.87 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ZKIN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZKIN is neutral. |
| ChartMill Relative Strength | 9.81 | NEGATIVE | ZKIN has a low relative strength, it was outperformed by 90.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZKIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZKIN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZKIN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.67 | NEUTRAL | The RSI value for ZKIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ZKIN has a positive trend. |
| Stochastics (14,3) | 82.69 | OVERBOUGHT | The high Stochastics value suggests ZKIN may be overbought. |
| Average True Range in percent/ATR (20) | 11.7 | HIGH VOLATILITY | The high ATR as a percentage value for ZKIN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for ZKIN suggests a possible start of a new trend. |
2.06
+0.15 (+7.85%)
ZK INTERNATIONAL GROUP CO LT / ZKIN FAQ
Can you provide the ChartMill technical rating for ZK INTERNATIONAL GROUP CO LT?
ChartMill assigns a technical rating of 2 / 10 to ZKIN.
What is the current trend direction of ZK INTERNATIONAL GROUP CO LT (ZKIN) stock?
The current trend direction for ZK INTERNATIONAL GROUP CO LT (ZKIN) is Bearish.
Can you provide the RSI signal for ZK INTERNATIONAL GROUP CO LT?
ZK INTERNATIONAL GROUP CO LT (ZKIN) has an RSI value of 58.6749. This indicates that the stock is currently neutral.
What is the MACD signal for ZK INTERNATIONAL GROUP CO LT (ZKIN) stock?
The MACD indicator for ZK INTERNATIONAL GROUP CO LT (ZKIN) has a value of 0.0636106, indicating a bearish trend.
What is the support and resistance level for ZKIN stock?
ZK INTERNATIONAL GROUP CO LT (ZKIN) has a support level at 1.62 and a resistance level at 2.07. Check the full technical report for our detailed analysis of ZKIN support and resistance levels.