ZTO EXPRESS CAYMAN INC-ADR (ZTO) Stock Technical Analysis
NYSE:ZTO - New York Stock Exchange, Inc. - US98980A1051 - ADR - Currency: USD
Taking everything into account, ZTO scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZTO is only an average performer.
The long and short term trends are both positive. This is looking good!
In the last month ZTO has a been trading in the 17.99 - 20.68 range, which is quite wide. It is currently trading near the high of this range.
ZTO has an average volume of 2086000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ZTO turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
ZTO is part of the Air Freight & Logistics industry. There are 22 other stocks in this industry, ZTO did better than 66% of them.
ZTO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZTO is lagging the market.
ZTO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 19.42, a Stop Loss order could be placed below this zone.
More info and screens
16.34
20.68
We found 4 important support areas.
- A support zone ranging from 18.68 to 19.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.43 from a trend line in the daily time frame.
- A support zone ranging from 17.06 to 17.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.51 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.02 to 20.48. This zone is formed by a combination of multiple trend lines and important moving averages 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 ZTO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZTO is up. |
| ChartMill Relative Strength | 48.47 | NEUTRAL | ZTO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZTO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZTO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ZTO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.43 | NEUTRAL | The RSI value for ZTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.62 | NEUTRAL | The Stochastics value for ZTO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTO suggests some volalility. |
| Average Directional Index/ADX (14) | 17.05 | NEGATIVE | The low ADX value for ZTO 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 20.49 | 19.02 | 1.47 (7.17%) | 13.94% |
| An entry @20.49. This is a Buy Stop order right above the resistance zone. | An exit @19.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.47 points, which is 7.17%. | For a 1.00% total portfolio risk, you can invest 13.94% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
19.95
+0.23 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg1.17%
1 Week-0.15%
2 Weeks2.47%
1 Month12.71%
3 Month6.57%
6 Month3.74%
12 Month0.76%
2 Year-20.64%
3 Year-23.42%
5 Year-40.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%3.23%
ATR Inc16.53%
Range Today0.41
ADR(20)0.41
ADR(20)%2.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.47
Mansfield-0.8
10 Day High20.68
10 Day Low19.03
20 Day High20.68
20 Day Low17.99
52 Week High27.5
52 Week Low16.34
CS1 End19.42
CR1 Start20.02
Volume & EV
DER(3)-2.61%
DER(5)-0.51%
Volume1.31M
Volume Incr27.65%
Vol(5)2.51M
Vol(50)2.09M