ZOETIS INC (ZTS) Technical Analysis
NYSE:ZTS • US98978V1035
Current stock price
ZTS Technical Rating and Analysis
Overall ZTS gets a technical rating of 1 out of 10. ZTS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ZTS is a bad performer in the overall market: 83% of all stocks are doing better.
- ZTS is one of the lesser performing stocks in the Pharmaceuticals industry. 61% of 191 stocks in the same industry do better.
- ZTS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ZTS has a been trading in the 113.29 - 123.32 range, which is quite wide. It is currently trading near the lows of this range.
- ZTS has an average volume of 4015360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZTS Weekly and Daily overview Charts
ZTS Setup Rating and Analysis
Although the technical rating is bad, ZTS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 115.89, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ZTS Support and Resistance Analysis
112.22
When analyzing the support we can see 2 important areas.
- Support @115.89 from a horizontal line in the daily time frame.
- A support zone ranging from 113.35 to 113.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 118.53 to 123.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @128.18 from a horizontal line in the daily time frame.
- A resistance zone ranging from 131.10 to 131.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @138.66 from a trend line in the weekly time frame.
ZTS Technical Indicator Signal Analysis
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 ZTS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZTS is down. |
| ChartMill Relative Strength | 17.06 | NEGATIVE | ZTS has a low relative strength, it was outperformed by 82.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZTS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZTS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZTS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.58 | NEUTRAL | The RSI value for ZTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests ZTS has a negative trend. |
| Stochastics (14,3) | 21.08 | NEUTRAL | The Stochastics value for ZTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.26 | NEGATIVE | The low ADX value for ZTS suggests a weak or negative trend. |
ZTS Chart- and CandleStick Pattern Analysis
ZTS Technicals: Chart, Performance Metrics, Trend & Indicators
116.87
+0.81 (+0.7%)
ZOETIS INC / ZTS TA FAQ
What is the ChartMill technical rating of ZOETIS INC (ZTS) stock?
ChartMill assigns a technical rating of 1 / 10 to ZTS.
Can you provide the trend direction for ZOETIS INC?
The current trend direction for ZOETIS INC (ZTS) is Bearish.
Can you provide the RSI signal for ZOETIS INC?
ZOETIS INC (ZTS) has an RSI value of 44.5755. This indicates that the stock is currently neutral.
What is the MACD signal for ZOETIS INC (ZTS) stock?
The MACD indicator for ZOETIS INC (ZTS) has a value of -0.127396, indicating a bearish trend.
Can you provide the support and resistance levels for ZOETIS INC?
ZOETIS INC (ZTS) has a support level at 115.89 and a resistance level at 118.53. Check the full technical report for our detailed analysis of ZTS support and resistance levels.