Thursday May 23, 2019 Change -4.13% Price $1.39
Chart period: 2019-02-25 - 2019-05-23
VOLUME
Buy
TREND
Buy
MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Sell

Social Sentiment for ZKIN

Today's data is from 3 opinions on StockTwits provided by IEX Cloud.
Bullish vs. Bearish opinions
100%
0%
Weighted Sentiment 0.15

Will ZKIN stock price go up or down on Tue, 28 May 2019?

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ZK International Group Company. Ltd Forecast and Stock Analysis

Technical ZKIN stock analysis for Thursday May 23, 2019.

Sell candidate since 2019-05-17 Loss -2.11%
Shorts n/a
Insider % n/a
Institutional % 0.50%
Beta 0.76
ROA 10.20%
Price to book USD 0.65
P/E Ratio 2.74
Next Earnings Date n/a


ZK International Group Company. Ltd fell by -4.13% in the last day ( Thursday, 23rd May 2019 ) from $1.45 to $1.39 and has now fallen 3 days in a row. During day the stock fluctuated 5.13% from a day low at $1.37 to a day high of $1.44. The price has fallen in 8 of the last 10 days and is down by -15.24% for this period. Volume has increased in the last day by 30 000 shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 104 176 shares bought and sold for approximately $144 815.00.

Quick summary:

  • 30 day high of the ZKIN stock price was $1.84 and low was $1.37.
  • 90 day high was $2.39 and low was $1.28.
  • 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 lower part of a very wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $1.34 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 8.43% during the next 3 months and, with 90% probability hold a price between $1.45 and $2.34 at the end of this period.

Click here for today's Top 5 Trending Companies

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 $1.44 and $1.67. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday May 21, 2019, which indicates further falls until a new bottom pivot has been found. ZK International Group Company. Ltd gained volume on the last day, but on falling prices. In technical terms this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-off's".

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Relative Strength Index (RSI)

The stock currently holds a RSI14 at 17 and is oversold on RSI14. The stock being oversold is no guarantee for instant reaction up as some stocks may be oversold for a long time. It is important to review the previous RSI-history to get an indication of the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

ZK International Group Company. Ltd finds support from accumulated volume at $1.38.

Support: $1.38 Price: $1.39 Resistance: $1.44

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.07 between high and low, or 5.13%. For the last week, the stock has had a daily average volatility of 3.94%.

ZK International Group Company. Ltd is oversold on RSI14 (17). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

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

3.94 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Evaluation:

The ZK International Group Company. Ltd stock holds several negative signals and despite the positive trend we believe ZK International Group Company. Ltd will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Sell Candidate Upgraded
Stronger Sell Today ZKIN ranks #3033 as SELL CANDIDATE #3033 Weaker Sell
ZKIN $1.39 ($-0.06 -4.13%)
ZKIN is down $0.06 today, but where's it headed in 2019?
Zacks Investment Research is releasing its prediction for ZKIN based on the 1-3 month system that more than doubles the S&P 500.

This report is free today for StockInvest.us readers.

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Will ZKIN stock price go up or down
on Tue, 28 May 2019?

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