ZAI LAB LTD-ADR (ZLAB)

US98887Q1040 - ADR

20.84  +1.44 (+7.42%)

After market: 20.8 -0.04 (-0.19%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to ZLAB. In the past year, ZLAB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

84% of all other stocks performed better in the past year than ZLAB.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ZLAB has a been trading in the 15.00 - 22.35 range, which is quite wide. It is currently trading near the high of this range.
ZLAB is an average performer in the Biotechnology industry, it outperforms 47% of 586 stocks in the same industry.
Weekly and Daily overview Charts
ZLAB Weekly chart
ZLAB Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

19.21

24.62

When analyzing the support we notice one important area.

  • A support zone ranging from 19.40 to 19.40. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • Resistance @21.19 from a trend line in the daily time frame.
  • A resistance zone ranging from 21.54 to 21.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @24.38 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.43
Mansfield-2.4
10 Day High22.35
10 Day Low16.29
20 Day High22.35
20 Day Low15
52 Week High37.92
52 Week Low13.48
Performance
1 Week-3.16%
2 Weeks23.24%
1 Month39.03%
3 Month4.51%
6 Month-26.54%
12 Month-34.77%
2 Year-28.38%
3 Year-88.27%
5 Year-20.49%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.34
RSI(14)63.97
LBB14.58
UBB23.15
ZLAB Daily chart

ZAI LAB LTD-ADR

NASDAQ:ZLAB (5/20/2024, 7:10:39 PM)

After market: 20.8 -0.04 (-0.19%)

20.84

+1.44 (+7.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.42%
1 Week-3.16%
2 Weeks23.24%
1 Month39.03%
3 Month4.51%
6 Month-26.54%
12 Month-34.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.36
ATR(20)%5.65%
ATR Inc
Range Today1.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.35
10 Day Low16.29
20 Day High22.35
20 Day Low15
52 Week High37.92
52 Week Low13.48
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume825.90K
Volume Incr-23.62%
Vol(5)576.84K
Vol(50)664.93K