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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ZIM
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Green day on Friday for ZIM Shipping stock after gaining 2.0804438280166%
(Updated on Dec 08, 2023)

Sell candidate since Dec 07, 2023 Gain 2.08% PDF
The ZIM Shipping stock price gained 2.0804438280166% on the last trading day (Friday, 8th Dec 2023), rising from $7.21 to $7.36. During the last trading day the stock fluctuated 4.17% from a day low at $7.20 to a day high of $7.50. The price has been going up and down for this period, and there has been a 6.67% gain for the last 2 weeks. Volume fell on the last day by -123 thousand shares and in total, 2 million shares were bought and sold for approximately $17.25 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -39.40% during the next 3 months and, with a 90% probability hold a price between $3.61 and $4.69 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

ZIM Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, November 28, 2023, and so far it has risen 11.68%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The ZIM Shipping stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $7.40 and $7.56. A break-up above any of these levels will issue buy signals.

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Support, Risk & Stop-loss for ZIM Shipping stock

ZIM Shipping finds support from accumulated volume at $7.27 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.300 between high and low, or 4.17%. For the last week, the stock has had daily average volatility of 5.37%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ZIM) For The Upcoming Trading Day Of Monday 11th

For the upcoming trading day on Monday, 11th we expect ZIM Integrated Shipping Services Ltd. to open at $7.35, and during the day (based on 14 day Average True Range), to move between $6.90 and $7.82, which gives a possible trading interval of +/-$0.463 (+/-6.29%) up or down from last closing price. If ZIM Integrated Shipping Services Ltd. takes out the full calculated possible swing range there will be an estimated 12.59% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $7.27 (1.22%) than the resistance at $7.50 (1.90%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is ZIM Integrated Shipping Services Ltd. stock A Buy?

ZIM Shipping holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.588 Open Broker Account

Sell Candidate Unchanged

Predicted Opening Price for ZIM Integrated Shipping Services Ltd. of Monday, December 11, 2023

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price December 11, 2023 Current price
$7.35 $7.36 (Overvalued)

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7.65 3.99 %
R2 7.54 2.43 %
R1 7.47 1.47 %
Current price: 7.36
Support S1 7.24 -1.65 %
S2 7.17 -2.61 %
S3 7.05 -4.17 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 8.06 9.51 %
R2 7.62 3.53 %
R1 7.50 1.90 %
Current price 7.36
Support S1 7.27 -1.22%
S2 7.02 -4.62%
S3 6.59 -10.46%
What is the symbol for ZIM Shipping Stock and on which exchange is it traded?
The symbol for ZIM Shipping is ZIM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell ZIM Shipping Stock?
ZIM Shipping holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy ZIM Shipping Stock?
ZIM Shipping Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy ZIM Shipping Stock.

What's the current price of ZIM Shipping Stock?
As of the end of day on the 2023-12-08, the price of an ZIM Shipping (ZIM) share was $7.36.

What is the 52-week high and low for ZIM Shipping Stock?
The 52-week high for ZIM Shipping Stock is $25.12 and the 52-week low is $6.39.

What is the market capitalization of ZIM Shipping Stock?
As of the 2023-12-08, the market capitalization of ZIM Shipping is 884.554M.

When is the next earnings date for ZIM Shipping?
The upcoming earnings date for ZIM Shipping is 2024-03-11 23:00:00.

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About ZIM Integrated Shipping Services Ltd.

ZIM Shipping ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders. The company also offers ZIMonitor, a premium reefer cargo tracking service. As of December 31, 2021, it operated a fleet of 118 vessels, whic... ZIM Profile

ZIM Dividend Data


Dividend Yield (TTM)
Payout Ratio (TTM) -52.71%
Frequency Quarterly
Amount Per Share $6.40
View Details

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