ZTO NEWS why is Zto Express (cayman) Inc. price falling or rising

ZTO NEWS reasons for why stock price of Zto Express (cayman) Inc. is falling or rising

ZTO Zto Express is falling or rising technical reasons

Technical analysis forecast for Zto Express Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Zto Express ZTO at this time. Stock is falling and might fall more.

It appears as if Zto Express ZTO gave a large move recently.

Stock of Zto Express (ZTO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Zto Express is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Zto Express stays below 20.2, but if it comes above 20.2, then a intra day buy could be more profitable.
If you take a sell trade below 20.2, then use 20.2 as stoploss and 18.5 as target. However if you take a buy trade in Zto Express, then use 20.2 as stoploss and 21.61 as target.

ZTO Zto Express is falling or rising NEWS fundamental reasons

More announcements and NEWS

ZTO Zto Express (cayman) Inc. current price & indicator signals

Moving Averages for Zto Express (cayman) Inc.

  • 5Day Average: 20.19
  • 12Day Average: 20.89
  • 20Day Average: 21.83
  • 50Day Average: 23.47
  • 100Day Average: 21.89
  • 150Day Average: 22.01
  • 200Day Average: 21.62

ZTO Indicators & signals

Indicator MACD (12,26,9)

20.87, 21.97, -0.88
Indicator MACD is in negative zone

Indicator ADX (14)

42.86, 19.44, 48.61
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ZTO Zto Express (cayman) Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Fri Nov 2024 19.28 19.17 to 19.63 -2.72% 1.16 times
21 Thu Nov 2024 19.82 19.62 to 20.12 -0.9% 1.38 times
20 Wed Nov 2024 20.00 19.50 to 20.72 -4.94% 1.64 times
19 Tue Nov 2024 21.04 21.00 to 21.42 1.15% 0.72 times
18 Mon Nov 2024 20.80 20.63 to 21.07 -1.28% 1.4 times
15 Fri Nov 2024 21.07 20.86 to 21.25 0.72% 0.63 times
14 Thu Nov 2024 20.92 20.47 to 20.95 0.58% 0.72 times
13 Wed Nov 2024 20.80 20.59 to 21.39 -0.1% 1.1 times
12 Tue Nov 2024 20.82 20.81 to 21.21 -2.48% 1.23 times
11 Mon Nov 2024 21.35 21.33 to 22.06 -2.73% 0.63 times
08 Fri Nov 2024 21.95 21.85 to 22.70 -3.6% 0.55 times
07 Thu Nov 2024 22.77 22.70 to 23.02 0.35% 0.35 times

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ZTO NEWS why is Zto Express (cayman) Inc. price falling or rising

 

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