Stronger Sell Today ZKIN ranks #4071 as SELL CANDIDATE. Weaker Sell
Today ZKIN ranks #4071 as SELL CANDIDATE.

ZKIN stock ZK International Group Company. Ltd

ZKIN stock
ZK International Group Company. Ltd

March 19, 2019
Change -0.69%
Chart period: 2018-12-20 - 2019-03-19
VOLUME
Sell
TREND
Sell

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

Will ZKIN stock price go up or down on Thu, 21 Mar 2019?

ZK International Group Company. Ltd Forecast and Stock Analysis

Technical ZKIN stock analysis for March 19, 2019.

Sell candidate since 2019-03-19
Shorts n/a
Cash n/a
Loans n/a
Beta 1.53
ROA 10.20

ZK International Group Company. Ltd fell by -0.69% in the last day from $1.44 to $1.43 and has now fallen 3 days in a row. The price has fallen in 7 of the last 10 days and is down by -0.69% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -55 868 shares and in total 162 273 shares bought and sold for approximately $232 050.00.

Close price at the end of the last trading day (Tuesday, 19th Mar 2019) of the ZKIN stock was $1.43. This is 0.69% less than the trading day before Monday, 18th Mar 2019.

During day the stock fluctuated 2.80% from a day low at $1.43 to a day high of $1.47.

30 day high of the ZKIN stock price was $1.78 and low was $1.28.
90 day high was $4.18 and low was $1.25.
52 week high for the ZK International Group Company. Ltd - $7.51 and low - $1.25.

Trend

ZK International Group Company. Ltd 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 -9.49% during the next 3 months and, with 90% probability hold a price between $1.00 and $1.53 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. ZK International Group Company. Ltd holds sales signals from both short- and long-term moving averages. In addition, there is a general sales 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 $1.45 and $1.48. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Wednesday March 13, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

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Relative Strength Index (RSI)

RSI14 is 49 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

ZK International Group Company. Ltd finds support from accumulated volume at $1.42.

Support: $1.42 Price: $1.43 Resistance: $1.44

Risk

In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.

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

Overall risk:

Very Low Low Medium High Very High

Evaluation: Sell Candidate

ZK International Group Company. Ltd 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. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.

Stronger Sell Today ZKIN ranks #4071 as SELL CANDIDATE. Weaker Sell
Today ZKIN ranks #4071 as SELL CANDIDATE.