ZOETIS INC (ZTS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ZTS - US98978V1035 - Common Stock
We assign a technical rating of 1 out of 10 to ZTS. ZTS'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.
ZTS 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 126.23. Right above this resistance zone may be a good entry point.
More info and screens
114.59
We found 2 important support areas.
- Support @118.65 from a horizontal line in the weekly time frame.
- A support zone ranging from 115.75 to 115.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 126.23 to 126.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @133.23 from a trend line in the weekly time frame.
- Resistance @137.16 from a trend line in the daily time frame.
- Resistance @146.76 from a horizontal line in the daily time frame.
- Resistance @149.62 from a trend line in the weekly time frame.
- Resistance @171.43 from a horizontal 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 ZTS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZTS is neutral. |
| ChartMill Relative Strength | 17.65 | NEGATIVE | ZTS has a low relative strength, it was outperformed by 82.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZTS is above 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) | 55.46 | NEUTRAL | The RSI value for ZTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.89 | POSITIVE | The MACD value suggests ZTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.06 | OVERBOUGHT | The high Stochastics value suggests ZTS may be overbought. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.34 | NEGATIVE | The low ADX value for ZTS suggests a weak or negative trend. |
125.92
+0.1 (+0.08%)
ZOETIS INC / ZTS 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.
What is the RSI signal for ZOETIS INC (ZTS) stock?
ZOETIS INC (ZTS) has an RSI value of 55.4556. This indicates that the stock is currently neutral.
What is the MACD signal for ZTS stock?
The MACD indicator for ZOETIS INC (ZTS) has a value of 0.887799, indicating a bearish trend.