ZK INTERNATIONAL GROUP CO LT (ZKIN) Stock Technical Analysis
NASDAQ:ZKIN • VGG9892K2092
We assign a technical rating of 0 out of 10 to ZKIN. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than ZKIN.
- ZKIN is one of the lesser performing stocks in the Metals & Mining industry. 88% of 157 stocks in the same industry do better.
- 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.
- In the last month ZKIN has a been trading in the 1.36 - 2.15 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: ZKIN has an average volume of 23116 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ZKIN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
1.44
We can see 5 important resistance areas.
- A resistance zone ranging from 1.82 to 1.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.92 from a trend line in the weekly time frame.
- Resistance @2.14 from a trend line in the weekly time frame.
- Resistance @2.60 from a trend line in the daily time frame.
- Resistance @2.78 from a horizontal 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 ZKIN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZKIN is down. |
| ChartMill Relative Strength | 10 | NEGATIVE | ZKIN has a low relative strength, it was outperformed by 90% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZKIN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZKIN is below 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) | 38.79 | NEUTRAL | The RSI value for ZKIN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZKIN has a negative trend. |
| Stochastics (14,3) | 23.77 | NEUTRAL | The Stochastics value for ZKIN is a neutral value. |
| Average True Range in percent/ATR (20) | 16.78 | HIGH VOLATILITY | The high ATR as a percentage value for ZKIN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.91 | NEGATIVE | The low ADX value for ZKIN suggests a weak or negative trend. |
1.45
-0.15 (-9.38%)
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 0 / 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 38.7897. 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 -0.0156184, indicating a bearish trend.
What is the support and resistance level for ZKIN stock?
ZK INTERNATIONAL GROUP CO LT (ZKIN) has a resistance level at 1.82. Check the full technical report for our detailed analysis of ZKIN support and resistance levels.