ZK Price Prediction Next Week
Analysis and Insights
News Impact:
ZEEKR Intelligent Technology Holding Ltd (ZK) recently reported strong delivery results for February 2025, with a total of 31,277 vehicles delivered. This includes an 86.9% year-over-year increase for Zeekr brand vehicles and a 30.5% increase for Lynk & Co brand vehicles, with 47.9% of Lynk & Co deliveries coming from New Energy Vehicle (NEV) models. This indicates positive momentum and alignment with market trends toward electric vehicles.
Technical Analysis:
- RSI (14): 68.85, nearing overbought territory, suggesting potential short-term pullback.
- MACD: Positive at 0.81, indicating bullish momentum.
- Stochastic Oscillator: K at 93.53 and D at 79.81, suggesting overbought conditions.
- Fibonacci Levels: Pivot at 27.25, resistance at 30.72 and 32.86, support at 23.79 and 21.65.
Price Prediction:
Based on the analysis, ZK's stock is expected to test the resistance level of $31.80 next week. However, if it fails to break this level, it may pull back to $26.83.
Recommendation:
Buy ZK with a target price of $31.80 and a stop-loss at $26.83.
ZK Similar Chart Price Prediction
The price of ZK is predicted to go up 0.19%, based on the high correlation periods with CTLP. The similarity of these two price pattern on the periods is 92.68%.
ZK
CTLP
Up: 0.19%Similarity: 92.68%
