ZAI LAB LTD-ADR (ZLAB) Stock Technical Analysis
NASDAQ:ZLAB - Nasdaq - US98887Q1040 - ADR - Currency: USD
Taking everything into account, ZLAB scores 6 out of 10 in our technical rating. ZLAB was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Looking at the yearly performance, ZLAB did better than 96% of all other stocks.
ZLAB is part of the Biotechnology industry. There are 563 other stocks in this industry. ZLAB outperforms 95% of them.
ZLAB has an average volume of 1341800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ZLAB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ZLAB has a been trading in the 24.24 - 34.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
24.05
34.15
When analyzing the support we can see 4 important areas.
- Support @31.15 from a horizontal line in the daily time frame.
- Support @28.84 from a horizontal line in the weekly time frame.
- Support @25.05 from a trend line in the daily time frame.
- Support @24.29 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 31.53 to 32.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.64 from a trend line in the daily time frame.
- A resistance zone ranging from 33.56 to 33.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.57
Mansfield2.35
10 Day High34.59
10 Day Low28.63
20 Day High34.98
20 Day Low24.24
52 Week High39.77
52 Week Low16.01
Performance
1 Week-2.56%
2 Weeks8.11%
1 Month-15.02%
3 Month14.67%
6 Month2.36%
12 Month91.88%
2 Year-4.03%
3 Year7.15%
5 Year-58.09%
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)0.17
RSI(14)47.45
LBB28.46
UBB34.34
31.18
+0.03 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.1%
1 Week-2.56%
2 Weeks8.11%
1 Month-15.02%
3 Month14.67%
6 Month2.36%
12 Month91.88%
2 Year-4.03%
3 Year7.15%
5 Year-58.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.65
ATR(20)%8%
ATR Inc-58.74%
Range Today0.91
ADR(20)1.94
ADR(20)%6.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.57
Mansfield2.35
10 Day High34.59
10 Day Low28.63
20 Day High34.98
20 Day Low24.24
52 Week High39.77
52 Week Low16.01
CS1 End31.15
CR1 Start31.53
Volume & EV
DER(3)1.04%
DER(5)0.85%
Volume727.90K
Volume Incr-49.21%
Vol(5)878.66K
Vol(50)1.34M