ZK INTERNATIONAL GROUP CO LT (ZKIN) Stock Technical Analysis
USA - NASDAQ:ZKIN - VGG9892K2092 - Common Stock
2.33 USD
+0.17 (+7.87%)
2.32 USD
-0.01 (-0.43%)
We assign a technical rating of 5 out of 10 to ZKIN. In the last year, ZKIN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
88% of all other stocks performed better in the past year than ZKIN.
ZKIN is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 89% 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month ZKIN has a been trading in the 1.74 - 3.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZKIN has an average technical rating and it also does not offer a high 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
1.88
4.25
We found 1 important support area.
- Support @1.90 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.48 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.21 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 | NEUTRAL | NEUTRAL | The long term trend for ZKIN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZKIN is up. |
| ChartMill Relative Strength | 12.47 | NEGATIVE | ZKIN has a low relative strength, it was outperformed by 87.53% 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) | UP | POSITIVE | The current price of ZKIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZKIN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.25 | 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) | 44.09 | NEUTRAL | The Stochastics value for ZKIN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for ZKIN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.07 | POSITIVE | The high ADX value value for ZKIN 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)
2.33
+0.17 (+7.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg7.87%
1 Week25.94%
2 Weeks20.73%
1 Month17.09%
3 Month2.64%
6 Month79.23%
12 Month-33.32%
2 Year-52.79%
3 Year-60.59%
5 Year-72.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%9.06%
ATR Inc37.99%
Range Today0.24
ADR(20)0.2
ADR(20)%8.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.47
Mansfield-2.39
10 Day High3
10 Day Low1.8
20 Day High3
20 Day Low1.74
52 Week High6.3
52 Week Low0.82
CS1 End1.9
CR1 Start2.48
Volume & EV
DER(3)4.28%
DER(5)0.89%
Volume144.60K
Volume Incr1751.68%
Vol(5)502.18K
Vol(50)139.15K