ZTS Technical Analysis - ZOETIS INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to ZTS. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

88% of all other stocks performed better in the past year than ZTS.

ZTS is one of the lesser performing stocks in the Pharmaceuticals industry. 63% of 196 stocks in the same industry do better.

ZTS 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 ZTS has a been trading in the 145.89 - 160.48 range, which is quite wide. It is currently trading near the lows of this range.

ZTS has an average volume of 3060730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

ZTS 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

142.96

200.93

When analyzing the support we notice one important area.

A support zone ranging from 144.40 to 146.92. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 5 important areas.

A resistance zone ranging from 149.69 to 152.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 156.48 to 159.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @164.93 from a trend line in the daily time frame.
A resistance zone ranging from 171.43 to 173.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @198.94 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	12.86	NEGATIVE	ZTS has a low relative strength, it was outperformed by 87.14% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ZTS is below a declining 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)	37.86	NEUTRAL	The RSI value for ZTS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.76	NEGATIVE	The MACD value suggests ZTS has a negative trend, although the MACD value is rising.
Stochastics (14,3)	9.34	OVERSOLD	The low Stochastics value suggests ZTS may be oversold.
Average True Range in percent/ATR (20)	2.04	MEDIUM VOLATILITY	The ATR as a percentage value for ZTS suggests some volalility.
Average Directional Index/ADX (14)	21.73	NEUTRAL	The ADX value for ZTS suggests a possible start of a new trend.