ZAI LAB LTD-ADR (ZLAB) Stock Technical Analysis
USA - NASDAQ:ZLAB - US98887Q1040 - ADR
Taking everything into account, ZLAB scores 0 out of 10 in our technical rating. ZLAB'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 technical rating of ZLAB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.68
We can see 3 important resistance areas.
- A resistance zone ranging from 25.12 to 25.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @30.80 from a trend line in the daily time frame.
- Resistance @31.48 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 ZLAB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZLAB is down. |
| ChartMill Relative Strength | 8.27 | NEGATIVE | ZLAB has a low relative strength, it was outperformed by 91.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZLAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZLAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZLAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.13 | OVERSOLD | The low RSI value suggests ZLAB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests ZLAB has a negative trend. |
| Stochastics (14,3) | 9.21 | OVERSOLD | The low Stochastics value suggests ZLAB may be oversold. |
| Average True Range in percent/ATR (20) | 6.05 | HIGH VOLATILITY | The high ATR as a percentage value for ZLAB suggests high volalility. |
| Average Directional Index/ADX (14) | 37.2 | POSITIVE | The high ADX value value for ZLAB suggests a strong trend. |
21.9
-1.25 (-5.4%)
ZAI LAB LTD-ADR / ZLAB FAQ
Can you provide the ChartMill technical rating for ZAI LAB LTD-ADR?
ChartMill assigns a technical rating of 0 / 10 to ZLAB.
Can you provide the trend direction for ZAI LAB LTD-ADR?
The current trend direction for ZAI LAB LTD-ADR (ZLAB) is Bearish.
What is the RSI signal for ZAI LAB LTD-ADR (ZLAB) stock?
ZAI LAB LTD-ADR (ZLAB) has an RSI value of 23.1346. This indicates that the stock is currently oversold.
What is the MACD signal for ZAI LAB LTD-ADR (ZLAB) stock?
The MACD indicator for ZAI LAB LTD-ADR (ZLAB) has a value of -0.336336, indicating a bearish trend.
What is the buy/sell signal for ZAI LAB LTD-ADR (ZLAB) stock?
The buy/sell signal for ZAI LAB LTD-ADR (ZLAB) is sell as both the short term and long term trends are negative.