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CHINA SOUTHERN AIR-SPONS ADR (ZNH) Stock Technical Analysis

NYSE:ZNH - New York Stock Exchange, Inc. - US1694091091 - ADR - Currency: USD

33.08  +0.02 (+0.06%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to ZNH. 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 one of the better performing stocks in the Passenger Airlines industry, it outperforms 77% of 23 stocks in the same industry.
ZNH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZNH is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that ZNH is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
CHINA SOUTHERN AIR-SPONS ADR / ZNH Weekly stock chart
CHINA SOUTHERN AIR-SPONS ADR / ZNH Daily stock chart
Setup Rating and Analysis

7

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.

Support and Resistance Analysis

25.26

36.12

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.
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
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
Performance
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
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)-0.4
RSI(14)43.96
LBB32.56
UBB36.37
CHINA SOUTHERN AIR-SPONS ADR / ZNH Daily stock chart

CHINA SOUTHERN AIR-SPONS ADR

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