ZOETIS INC (ZTS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ZTS - US98978V1035 - Common Stock
We assign a technical rating of 2 out of 10 to ZTS. In the past year, ZTS 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.
The technical rating of ZTS is bad and it also does not present a 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.
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114.59
When analyzing the support we can see 2 important 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.
6 important resistance areas can be observed.
- A resistance zone ranging from 126.23 to 126.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 128.72 to 129.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @132.00 from a trend line in the weekly time frame.
- Resistance @136.48 from a trend line in the daily time frame.
- A resistance zone ranging from 146.76 to 148.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for ZTS is up. |
| ChartMill Relative Strength | 16.03 | NEGATIVE | ZTS has a low relative strength, it was outperformed by 83.97% 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 | MIXED | The current price of ZTS is above 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) | 51.75 | NEUTRAL | The RSI value for ZTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.75 | POSITIVE | The MACD value suggests ZTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.61 | NEUTRAL | The Stochastics value for ZTS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.63 | NEGATIVE | The low ADX value for ZTS suggests a weak or negative trend. |
125.67
-3.68 (-2.84%)
ZOETIS INC / ZTS FAQ
What is the ChartMill technical rating of ZOETIS INC (ZTS) stock?
ChartMill assigns a technical rating of 2 / 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 51.7482. 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 0.746302, indicating a bearish trend.
Can you provide the buy/sell signal for ZOETIS INC?
The buy/sell signal for ZOETIS INC (ZTS) is hold as the short term and long term trends are mixed.