ZOETIS INC (ZTS) Stock Technical Analysis
USA - NYSE:ZTS - US98978V1035 - Common Stock
We assign a technical rating of 0 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 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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118.36
When analyzing the support we notice one important area.
- A support zone ranging from 119.56 to 120.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 8 important resistance areas.
- A resistance zone ranging from 120.83 to 121.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 140.45 to 141.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @144.37 from a trend line in the daily time frame.
- A resistance zone ranging from 146.76 to 146.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 154.41 to 156.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @159.19 from a horizontal line in the daily time frame.
- Resistance @171.43 from a horizontal line in the weekly 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 | 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 | 11.61 | NEGATIVE | ZTS has a low relative strength, it was outperformed by 88.39% 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) | 21.44 | OVERSOLD | The low RSI value suggests ZTS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.43 | NEGATIVE | The MACD value suggests ZTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.5 | OVERSOLD | The low Stochastics value suggests ZTS may be oversold. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTS suggests some volalility. |
| Average Directional Index/ADX (14) | 41.54 | POSITIVE | The high ADX value value for ZTS suggests a strong trend. |
120.82
-0.34 (-0.28%)
ZOETIS INC / ZTS FAQ
What is the ChartMill technical rating of ZOETIS INC (ZTS) stock?
ChartMill assigns a technical rating of 0 / 10 to ZTS.
What is the current trend direction of ZOETIS INC (ZTS) stock?
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 21.4401. This indicates that the stock is currently oversold.
What is the MACD signal for ZTS stock?
The MACD indicator for ZOETIS INC (ZTS) has a value of -1.43336, indicating a bearish trend.
What are the support and resistance levels for ZOETIS INC (ZTS) stock?
ZOETIS INC (ZTS) has a support level at 120.24 and a resistance level at 120.83. Check the full technical report for our detailed analysis of ZTS support and resistance levels.