ZTO EXPRESS CAYMAN INC-ADR (ZTO) Stock Technical Analysis
NYSE:ZTO - New York Stock Exchange, Inc. - US98980A1051 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to ZTO. In the past year, ZTO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% 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 16.94 - 18.37 range, which is quite wide. It is currently trading near the high of this range.
ZTO has an average volume of 2483580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ZTO is part of the Air Freight & Logistics industry. There are 22 other stocks in this industry, ZTO did better than 47% of them.
Considerably lower volume is observed in the last couple of days.
ZTO has a poor technical rating and the quality of the setup is also not perfect 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
16.34
19.41
We found 3 important support areas.
- A support zone ranging from 17.58 to 17.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.95 to 17.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.06 to 18.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @19.22 from a horizontal line in the daily 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 | UP | POSITIVE | The short term trend for ZTO is up. |
| ChartMill Relative Strength | 18.1 | NEGATIVE | ZTO has a low relative strength, it was outperformed by 81.9% 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) | DOWN | MIXED | The current price of ZTO is above 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) | 56 | NEUTRAL | The RSI value for ZTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ZTO has a positive trend. |
| Stochastics (14,3) | 87.09 | OVERBOUGHT | The high Stochastics value suggests ZTO may be overbought. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for ZTO suggests low volalility. |
| Average Directional Index/ADX (14) | 8.62 | 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)
18.05
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg0.06%
1 Week2.27%
2 Weeks5.8%
1 Month5.87%
3 Month-0.66%
6 Month-6.38%
12 Month-9.8%
2 Year-35.07%
3 Year-29.46%
5 Year-51.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%1.79%
ATR Inc-5.01%
Range Today0.37
ADR(20)0.24
ADR(20)%1.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.1
Mansfield-1.69
10 Day High18.37
10 Day Low17.07
20 Day High18.37
20 Day Low16.94
52 Week High27.5
52 Week Low16.34
CS1 End17.04
CR1 Start17.79
Volume & EV
DER(3)-1.5%
DER(5)-1.93%
Volume816.30K
Volume Incr-61.3%
Vol(5)816.38K
Vol(50)2.48M