ZTO EXPRESS CAYMAN INC-ADR (ZTO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ZTO - US98980A1051 - ADR
Taking everything into account, ZTO scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, ZTO has proven to be a steady performer, scoring decent points in every aspect analyzed.
ZTO has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.30 to 21.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.36 from a trend line in the daily time frame.
- A support zone ranging from 18.50 to 18.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.71 to 21.84. 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 ZTO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZTO is up. |
| ChartMill Relative Strength | 77.64 | POSITIVE | ZTO has a high relative strength, it outperformed 77.64% 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) | 60.28 | NEUTRAL | The RSI value for ZTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZTO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.96 | NEUTRAL | The Stochastics value for ZTO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.87 | LOW VOLATILITY | The low ATR as a percentage value for ZTO suggests low volalility. |
| Average Directional Index/ADX (14) | 20.3 | NEUTRAL | The ADX value for ZTO suggests a possible start of a new trend. |
21.7
-0.02 (-0.09%)
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 9 / 10 to ZTO.
What is the trend direction for ZTO stock?
The current trend direction for ZTO EXPRESS CAYMAN INC-ADR (ZTO) is Bullish.
Can you provide the RSI signal for ZTO EXPRESS CAYMAN INC-ADR?
ZTO EXPRESS CAYMAN INC-ADR (ZTO) has an RSI value of 60.2848. This indicates that the stock is currently neutral.
What is the buy/sell signal for ZTO stock?
The buy/sell signal for ZTO EXPRESS CAYMAN INC-ADR (ZTO) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ZTO EXPRESS CAYMAN INC-ADR?
ZTO EXPRESS CAYMAN INC-ADR (ZTO) has a support level at 21.68 and a resistance level at 21.71. Check the full technical report for our detailed analysis of ZTO support and resistance levels.