SPDR Solactive Hong Kong ETF (ZHOK) Stock Technical Analysis
NYSEARCA:ZHOK - NYSE Arca -
Taking everything into account, ZHOK scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZHOK is only an average performer.
Warning: ZHOK has an average volume of 3134 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ZHOK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZHOK is lagging the market slightly.
In the last month ZHOK has a been trading in the 70.20 - 75.03 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, ZHOK turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
ZHOK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 72.14, a Stop Loss order could be placed below this zone.
More info and screens
55.35
75.70
7 important support areas can be observed.
- A support zone ranging from 69.87 to 72.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @64.39 from a horizontal line in the weekly time frame.
- Support @63.27 from a horizontal line in the daily time frame.
- Support @61.81 from a trend line in the weekly time frame.
- Support @58.51 from a horizontal line in the daily time frame.
- A support zone ranging from 57.16 to 57.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.91 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 73.84 to 74.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.14
Mansfield-0.02
10 Day High72.53
10 Day Low70.2
20 Day High75.03
20 Day Low70.2
52 Week High75.03
52 Week Low47.65
Performance
1 Week0.94%
2 Weeks1.15%
1 Month-3.23%
3 Month12.28%
6 Month20.62%
12 Month46.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)54.01
LBB70.4
UBB72.71
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 72.54 | 70.19 | 2.35 (3.24%) | 25.00% |
| An entry @72.54. This is a Buy Stop order right above the 10 day high. | An exit @70.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.35 points, which is 3.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:ZHOK (3/17/2021, 8:04:00 PM)
72.3029
-0.04 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week0.94%
2 Weeks1.15%
1 Month-3.23%
3 Month12.28%
6 Month20.62%
12 Month46.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.92
ATR(20)%1.53%
ATR Inc-49.02%
Range Today0.66
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.14
Mansfield-0.02
10 Day High72.53
10 Day Low70.2
20 Day High75.03
20 Day Low70.2
52 Week High75.03
52 Week Low47.65
CS1 End72.14
CR1 Start73.84
Volume & EV
DER(3)0.74%
DER(5)0.37%
Volume4.50K
Volume Incr-53%
Vol(5)2.44K
Vol(50)3.13K