ZOETIS INC (ZTS) Stock Technical Analysis
NYSE:ZTS - New York Stock Exchange, Inc. - US98978V1035 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to ZTS. ZTS has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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 one of the better performing stocks in the Pharmaceuticals industry, it outperforms 73% of 198 stocks in the same industry.
In the last month ZTS has a been trading in the 148.99 - 164.85 range, which is quite wide. It is currently trading near the high of this range.
ZTS has an average volume of 2877560 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 46% of them, which is more or less in line with the market.
ZTS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZTS is lagging the market slightly.
Although the technical rating is only medium, ZTS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 163.16. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 161.42, a Stop Loss order could be placed below this zone.
More info and screens
142.96
200.93
3 important support areas can be observed.
- A support zone ranging from 157.35 to 161.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @153.61 from a trend line 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 163.16 to 165.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 171.44 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.
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 | 46.63 | 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) | 56.04 | NEUTRAL | The RSI value for ZTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests ZTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.01 | OVERBOUGHT | The high Stochastics value suggests ZTS may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for ZTS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.57 | 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)
162.58
+0.61 (+0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.38%
1 Week-0.28%
2 Weeks2.08%
1 Month5.94%
3 Month1.32%
6 Month-8.13%
12 Month-4.4%
2 Year-0.26%
3 Year-4.89%
5 Year16.64%
10 Year226.66%
15 YearN/A
Volatility
ATR(14)4.59
ATR(20)%2.65%
ATR Inc-37.01%
Range Today2.92
ADR(20)4.09
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.63
Mansfield-0.75
10 Day High164.85
10 Day Low154.45
20 Day High164.85
20 Day Low148.99
52 Week High200.33
52 Week Low139.7
CS1 End161.42
CR1 Start163.16
Volume & EV
DER(3)0.48%
DER(5)-0.52%
Volume2.73M
Volume Incr-21.39%
Vol(5)2.48M
Vol(50)2.88M