ZTO EXPRESS CAYMAN INC-ADR (ZTO) Stock Technical Analysis
USA - NYSE:ZTO - US98980A1051 - ADR
Taking everything into account, ZTO scores 4 out of 10 in our technical rating. ZTO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
Although the technical rating is only medium, ZTO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.19, a Stop Loss order could be placed below this zone.
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16.78
4 important support areas can be observed.
- A support zone ranging from 18.52 to 19.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.70 from a horizontal line in the daily time frame.
- Support @17.27 from a trend line in the weekly time frame.
- Support @16.95 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @19.40 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.01 to 20.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 20.58 to 20.78. 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 | NEUTRAL | NEUTRAL | The long term trend for ZTO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZTO is neutral. |
| ChartMill Relative Strength | 26.33 | NEGATIVE | ZTO has a low relative strength, it was outperformed by 73.67% off all stocks 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) | UP | POSITIVE | The current price of ZTO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.16 | NEUTRAL | The RSI value for ZTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ZTO has a positive trend. |
| Stochastics (14,3) | 73.85 | NEUTRAL | The Stochastics value for ZTO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for ZTO suggests low volalility. |
| Average Directional Index/ADX (14) | 10.66 | NEGATIVE | The low ADX value for ZTO suggests a weak or negative trend. |
19.36
+0.22 (+1.15%)
ZTO EXPRESS CAYMAN INC-ADR / ZTO FAQ
What is the ChartMill technical rating of ZTO EXPRESS CAYMAN INC-ADR (ZTO) stock?
ChartMill assigns a technical rating of 4 / 10 to ZTO.
What is the current trend direction of ZTO EXPRESS CAYMAN INC-ADR (ZTO) stock?
The current trend direction for ZTO EXPRESS CAYMAN INC-ADR (ZTO) is Bearish.
What is the RSI signal for ZTO stock?
ZTO EXPRESS CAYMAN INC-ADR (ZTO) has an RSI value of 59.159. This indicates that the stock is currently neutral.
What is the short term momentum for ZTO EXPRESS CAYMAN INC-ADR (ZTO) stock?
The short term momentum for ZTO EXPRESS CAYMAN INC-ADR (ZTO) is neutral.
What are the support and resistance levels for ZTO EXPRESS CAYMAN INC-ADR (ZTO) stock?
ZTO EXPRESS CAYMAN INC-ADR (ZTO) has a support level at 19.19 and a resistance level at 19.4. Check the full technical report for our detailed analysis of ZTO support and resistance levels.