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.
ZLAB is part of the Biotechnology industry. There are 558 other stocks in this industry. ZLAB outperforms 85% of them.
ZLAB has an average volume of 1245910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that ZLAB is one of the better performing stocks in the market, outperforming 87% of all stocks. However, we also see that ZLAB couldn't keep up this performance in the last couple of months.
ZLAB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZLAB is lagging the market slightly.
In the last month ZLAB has a been trading in the 27.61 - 33.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZLAB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ZLAB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
24.05
33.33
When analyzing the support we can see 5 important areas.
- A support zone ranging from 30.13 to 30.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @28.84 from a horizontal line in the weekly time frame.
- Support @28.14 from a horizontal line in the daily time frame.
- Support @25.35 from a trend line in the daily time frame.
- Support @24.29 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @32.11 from a trend line in the daily time frame.
- Resistance @33.00 from a horizontal line in the daily 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 | 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 | 87.12 | POSITIVE | ZLAB has a high relative strength, it outperformed 87.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZLAB is above the rising 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) | UP | POSITIVE | The current price of ZLAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.8 | NEUTRAL | The RSI value for ZLAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ZLAB has a positive trend. |
| Stochastics (14,3) | 56.75 | NEUTRAL | The Stochastics value for ZLAB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for ZLAB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.26 | NEGATIVE | The low ADX value for ZLAB suggests a weak or negative trend. |
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)
NASDAQ:ZLAB (6/3/2025, 11:27:58 AM)
31.46
+0.27 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.87%
1 Week-0.42%
2 Weeks0.84%
1 Month0.03%
3 Month-14.36%
6 Month11.51%
12 Month55.95%
2 Year12.48%
3 Year-10.06%
5 Year-62.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%4.41%
ATR Inc31.89%
Range Today1.09
ADR(20)1.19
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.12
Mansfield1.41
10 Day High33.22
10 Day Low29.27
20 Day High33.22
20 Day Low27.61
52 Week High39.77
52 Week Low16.01
CS1 End30.44
CR1 Start31.32
Volume & EV
DER(3)4.1%
DER(5)2.63%
Volume354.87K
Volume Incr-5.79%
Vol(5)898.40K
Vol(50)1.25M