ZTO EXPRESS CAYMAN INC-ADR (ZTO) Stock Technical Analysis
NYSE:ZTO - New York Stock Exchange, Inc. - US98980A1051 - ADR - Currency: USD
Overall ZTO gets a technical rating of 0 out of 10. ZTO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than ZTO.
ZTO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ZTO has a been trading in the 16.68 - 19.05 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ZTO has an average volume of 3092840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZTO is part of the Air Freight & Logistics industry. There are 22 other stocks in this industry, ZTO did better than 42% of them.
ZTO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.99, a Stop Loss order could be placed below this zone.
More info and screens
16.34
26.67
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.95 to 16.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 16.51 to 16.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 17.99 to 18.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.05 to 19.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.41 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for ZTO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZTO is neutral. |
| ChartMill Relative Strength | 15.33 | NEGATIVE | ZTO has a low relative strength, it was outperformed by 84.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZTO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZTO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.95 | NEUTRAL | The RSI value for ZTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ZTO has a positive trend. |
| Stochastics (14,3) | 61.91 | NEUTRAL | The Stochastics value for ZTO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTO suggests some volalility. |
| Average Directional Index/ADX (14) | 11.64 | 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)
17.56
-0.06 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-0.34%
1 Week2.99%
2 Weeks0.17%
1 Month-4.93%
3 Month-12.07%
6 Month-8.59%
12 Month-21.82%
2 Year-29.98%
3 Year-36.03%
5 Year-52.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.96%
ATR Inc-31.31%
Range Today0.41
ADR(20)0.4
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.33
Mansfield-1.71
10 Day High18.06
10 Day Low16.94
20 Day High19.05
20 Day Low16.68
52 Week High27.5
52 Week Low16.34
CS1 End16.99
CR1 Start17.99
Volume & EV
DER(3)0.79%
DER(5)-0.25%
Volume1.65M
Volume Incr-41.07%
Vol(5)2.25M
Vol(50)3.09M