CHINA SOUTHERN AIR-SPONS ADR (ZNH) Stock Technical Analysis
USA - NYSE:ZNH - US1694091091 - ADR
33.08 USD
+0.02 (+0.06%)
Overall ZNH gets a technical rating of 6 out of 10. In the last year, ZNH was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month ZNH has a been trading in the 32.22 - 36.12 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ZNH has an average volume of 24556 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ZNH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZNH is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, ZNH did better than 83% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
ZNH is an average performer in the Passenger Airlines industry, it outperforms 70% of 21 stocks in the same industry.
Volume is considerably higher in the last couple of days.
ZNH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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.
More info and screens
25.26
36.12
We found 4 important support 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.
When analyzing the resistance we notice one important 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. |
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)
NYSE:ZNH (2/2/2023, 8:04:00 PM)
33.08
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg0.06%
1 Week-5.54%
2 Weeks-5.78%
1 Month-6.05%
3 Month12.1%
6 Month21.31%
12 Month1.97%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.1
ATR(20)%3.19%
ATR Inc-64.07%
Range Today0.51
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.43
Mansfield0.99
10 Day High35.5
10 Day Low32.22
20 Day High36.12
20 Day Low32.22
52 Week High36.12
52 Week Low23.5
CS1 End33.07
CR1 Start35.53
Volume & EV
DER(3)1.21%
DER(5)0.36%
Volume20.00K
Volume Incr-5.05%
Vol(5)34.12K
Vol(50)24.56K