ZAI LAB LTD-ADR (ZLAB) Technical Analysis
NASDAQ:ZLAB • US98887Q1040
Current stock price
ZLAB Technical Rating and Analysis
Overall ZLAB gets a technical rating of 5 out of 10. In the last year, ZLAB 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.
- When comparing the yearly performance of all stocks, ZLAB is a bad performer in the overall market: 69% of all stocks are doing better.
- ZLAB 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 ZLAB has a been trading in the 20.12 - 25.28 range, which is quite wide. It is currently trading near the lows of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- ZLAB is part of the Biotechnology industry. There are 515 other stocks in this industry, ZLAB did better than 45% of them.
ZLAB Weekly and Daily overview Charts
ZLAB Setup Rating and Analysis
ZLAB 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
ZLAB Support and Resistance Analysis
16.10
We found 4 important support areas.
- A support zone ranging from 20.69 to 20.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.88 from a trend line in the weekly time frame.
- Support @18.37 from a trend line in the daily time frame.
- Support @16.26 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.19 to 24.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZLAB Technical Indicator Signal Analysis
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 ZLAB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZLAB is neutral. |
| ChartMill Relative Strength | 31.71 | NEUTRAL | ZLAB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZLAB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZLAB is above the rising 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) | 50.54 | NEUTRAL | The RSI value for ZLAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests ZLAB has a negative trend. |
| Stochastics (14,3) | 17.13 | OVERSOLD | The low Stochastics value suggests ZLAB may be oversold. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for ZLAB suggests some volalility. |
| Average Directional Index/ADX (14) | 24.44 | NEUTRAL | The ADX value for ZLAB suggests a possible start of a new trend. |
ZLAB Chart- and CandleStick Pattern Analysis
ZLAB Technicals: Chart, Performance Metrics, Trend & Indicators
21.54
-0.1 (-0.46%)
ZAI LAB LTD-ADR / ZLAB TA FAQ
Can you provide the ChartMill technical rating for ZAI LAB LTD-ADR?
ChartMill assigns a technical rating of 5 / 10 to ZLAB.
What is the trend direction for ZLAB stock?
The current trend direction for ZAI LAB LTD-ADR (ZLAB) is Bearish.
Can you provide the RSI signal for ZAI LAB LTD-ADR?
ZAI LAB LTD-ADR (ZLAB) has an RSI value of 50.5399. This indicates that the stock is currently neutral.
What is the MACD signal for ZLAB stock?
The MACD indicator for ZAI LAB LTD-ADR (ZLAB) has a value of -0.305483, indicating a bearish trend.