Weaker Buy Today ZTO ranks #512 as BUY CANDIDATE. Stronger Buy
Today ZTO ranks #512 as BUY CANDIDATE.

ZTO stock ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A.

ZTO stock
ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A.

April 24, 2019
Change 1.01%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Buy

MACD
Buy

Will ZTO stock price go up or down on Fri, 26 Apr 2019?

ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. Forecast and Stock Analysis

Technical ZTO stock analysis for April 24, 2019.

Buy candidate since 2019-04-16 Gain 3.52%
Shorts 3.01% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 0.72
ROA 13.33

ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. gained 1.01% in the last trading day, rising from $19.80 to $20.00 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 8 of the last 10 days and is up by 5.43% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.17 million more shares were traded than the day before. In total, 2.78 million shares bought and sold for approximately $55.51 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the ZTO stock was $20.00. This is 1.01% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 1.32% from a day low at $19.74 to a day high of $20.00.

30 day high of the ZTO stock price was $20.00 and low was $17.62.
90 day high was $21.36 and low was $16.72.
52 week high for the ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. - $22.67 and low - $14.69.

Trend

ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.58% during the next 3 months and, with 90% probability hold a price between $19.12 and $23.05 at the end of this period.

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Signals

Only positive signals in the chart today. ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $19.55 and $19.02. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday March 22, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

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Relative Strength Index (RSI)

The stock holds a RSI14 at 81 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

ZTO Express (Cayman) Inc. American Depositary Shares each representing one Class A. finds support from accumulated volume at $19.88.

Support: $19.88 Price: $20.00 Resistance: $20.01

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.26 (1.32%) between high and low. For the last week, the stock has had a daily average volatility of 1.71%.

Our recommended stoploss: $18.95 (-5.25%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 81 and this increases the risk substantially. There is a buy signal from pivot bottom found 22 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Buy Candidate.

Weaker Buy Today ZTO ranks #512 as BUY CANDIDATE. Stronger Buy
Today ZTO ranks #512 as BUY CANDIDATE.