CHINA SOUTHERN AIR-SPONS ADR (ZNH) Stock Technical Analysis
USA - NYSE:ZNH - US1694091091 - ADR
Overall ZNH gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
ZNH has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 33.07, a Stop Loss order could be placed below this zone.
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25.26
When analyzing the support we can see 4 important areas.
- A support zone ranging from 32.47 to 33.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.96 to 27.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @26.30 from a horizontal line in the daily time frame.
- Support @25.52 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 35.53 to 35.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for ZNH is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZNH is down. |
| ChartMill Relative Strength | 83.43 | POSITIVE | ZNH has a high relative strength, it outperformed 83.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZNH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZNH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZNH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.96 | NEUTRAL | The RSI value for ZNH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests ZNH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.09 | NEUTRAL | The Stochastics value for ZNH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ZNH suggests some volalility. |
| Average Directional Index/ADX (14) | 21.41 | NEUTRAL | The ADX value for ZNH suggests a possible start of a new trend. |
NYSE:ZNH (2/2/2023, 8:04:00 PM)
33.08
+0.02 (+0.06%)
CHINA SOUTHERN AIR-SPONS ADR / ZNH FAQ
Can you provide the ChartMill technical rating for CHINA SOUTHERN AIR-SPONS ADR?
ChartMill assigns a technical rating of 5 / 10 to ZNH.
Can you provide the trend direction for CHINA SOUTHERN AIR-SPONS ADR?
The current trend direction for CHINA SOUTHERN AIR-SPONS ADR (ZNH) is Bullish.
Can you provide the RSI signal for CHINA SOUTHERN AIR-SPONS ADR?
CHINA SOUTHERN AIR-SPONS ADR (ZNH) has an RSI value of 43.9591. This indicates that the stock is currently neutral.
What is the buy/sell signal for CHINA SOUTHERN AIR-SPONS ADR (ZNH) stock?
The buy/sell signal for CHINA SOUTHERN AIR-SPONS ADR (ZNH) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for CHINA SOUTHERN AIR-SPONS ADR (ZNH) stock?
CHINA SOUTHERN AIR-SPONS ADR (ZNH) has a support level at 33.07 and a resistance level at 35.53. Check the full technical report for our detailed analysis of ZNH support and resistance levels.