ZTO EXPRESS CAYMAN INC-ADR (ZTO) Technical Analysis
NYSE:ZTO • US98980A1051
We assign a technical rating of 5 out of 10 to ZTO. ZTO has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month ZTO has a been trading in the 22.38 - 25.52 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- ZTO is one of the better performing stocks in the Air Freight & Logistics industry, it outperforms 77% of 23 stocks in the same industry.
- ZTO 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 ZTO is performing more or less in line with the market.
- ZTO has an average volume of 2156590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 compared to the yearly performance of all other stocks, ZTO outperforms 68% of them, which is more or less in line with the market.
ZTO has an average technical rating and it also does not offer a high quality setup 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
19.79
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.41 to 22.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.99 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.29 to 25.45. 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 | DOWN | NEGATIVE | The short term trend for ZTO is down. |
| ChartMill Relative Strength | 68.07 | NEUTRAL | ZTO is not amongst the best or worst performers 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) | UP | MIXED | The current price of ZTO is below 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) | 40.81 | NEUTRAL | The RSI value for ZTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests ZTO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.32 | OVERSOLD | The low Stochastics value suggests ZTO may be oversold. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTO suggests some volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for ZTO suggests a strong trend. |
ZTO Technicals: Chart, Performance Metrics, Trend & Indicators
22.8
+0.39 (+1.74%)
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 5 / 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 40.8076. 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 hold as the short term and long term trends are mixed.
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 22.79 and a resistance level at 25.29. Check the full technical report for our detailed analysis of ZTO support and resistance levels.