ZAI LAB LTD-ADR (ZLAB) Stock Technical Analysis
NASDAQ:ZLAB - Nasdaq - US98887Q1040 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to ZLAB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZLAB is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ZLAB did better than 94% of all other stocks.
ZLAB is one of the better performing stocks in the Biotechnology industry, it outperforms 92% of 572 stocks in the same industry.
ZLAB 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 ZLAB is lagging the market slightly.
In the last month ZLAB has a been trading in the 25.66 - 35.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ZLAB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.89
34.12
We found 2 important support areas.
- Support @26.28 from a trend line in the daily time frame.
- Support @20.09 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.1
Mansfield4.37
10 Day High35
10 Day Low26.68
20 Day High35
20 Day Low25.67
52 Week High36.6
52 Week Low13.48
Performance
1 Week17.21%
2 Weeks21.47%
1 Month31.75%
3 Month27.81%
6 Month87.46%
12 Month69.41%
2 Year-9.07%
3 Year-38.24%
5 Year-38.55%
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)0.58
RSI(14)79.95
LBB24.79
UBB32.84
33.78
+2.79 (+9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg9%
1 Week17.21%
2 Weeks21.47%
1 Month31.75%
3 Month27.81%
6 Month87.46%
12 Month69.41%
2 Year-9.07%
3 Year-38.24%
5 Year-38.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.67
ATR(20)%4.51%
ATR Inc69.34%
Range Today1.64
ADR(20)1.29
ADR(20)%3.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.1
Mansfield4.37
10 Day High35
10 Day Low26.68
20 Day High35
20 Day Low25.67
52 Week High36.6
52 Week Low13.48
CS1 End26.28
CR1 StartN/A
Volume & EV
DER(3)-4.24%
DER(5)-4.14%
Volume2.09M
Volume Incr132.25%
Vol(5)1.40M
Vol(50)670.92K