ZOETIS INC (ZTS) Stock Technical Analysis
NYSE:ZTS - New York Stock Exchange, Inc. - US98978V1035 - Common Stock - Currency: USD
Overall ZTS gets a technical rating of 7 out of 10. ZTS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ZTS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ZTS has an average volume of 3046520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, ZTS outperforms 47% of them, which is more or less in line with the market.
ZTS is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, ZTS did better than 64% of them.
ZTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZTS is lagging the market.
Besides having an excellent technical rating, ZTS also presents 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 169.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 168.26, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZTS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
142.96
200.93
We found 3 important support areas.
- A support zone ranging from 163.39 to 168.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 157.34 to 158.53. 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 144.40 to 148.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 169.26 to 173.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @177.04 from a horizontal line in the daily time frame.
- Resistance @198.94 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 | NEUTRAL | NEUTRAL | The long term trend for ZTS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZTS is up. |
| ChartMill Relative Strength | 47.27 | NEUTRAL | ZTS is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of ZTS is above the rising 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) | 58.15 | NEUTRAL | The RSI value for ZTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests ZTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.4 | NEUTRAL | The Stochastics value for ZTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTS suggests some volalility. |
| Average Directional Index/ADX (14) | 12 | NEGATIVE | The low ADX value for ZTS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 173.04 | 163.38 | 9.66 (5.58%) | 17.91% |
| An entry @173.04. This is a Buy Stop order right above the resistance zone. | An exit @163.38. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 9.66 points, which is 5.58%. | When investing 17.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
168.82
+2.49 (+1.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.5%
1 Week0.12%
2 Weeks1.01%
1 Month8.97%
3 Month4.69%
6 Month-5.25%
12 Month-1.01%
2 Year-1.97%
3 Year-1.79%
5 Year23.19%
10 Year250.1%
15 YearN/A
Volatility
ATR(14)3.47
ATR(20)%2%
ATR Inc-7.15%
Range Today3.31
ADR(20)3.2
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.27
Mansfield-0.72
10 Day High172.23
10 Day Low162.22
20 Day High172.23
20 Day Low155.82
52 Week High200.33
52 Week Low139.7
CS1 End168.26
CR1 Start169.26
Volume & EV
DER(3)3.41%
DER(5)1.01%
Volume2.33M
Volume Incr-18.41%
Vol(5)2.53M
Vol(50)3.05M