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ZLAB Technical Analysis

Zai Lab Ltd
$
31.770
-4.920(-13.410%)

ZLAB Technical Signal Analysis

ZLAB have 4 buy signals and 6 sell signals now. The current trend is downtrend starting from 2025-03-14. The total price change during this trend is -16.77%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of ZLAB over last 5 trading day is $57,369,277.72

4 Bullish Signal

vs

6 Bearish Signal

Name

Signal

Value

Meaning

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 < -100

-232.52

Bullish

Awesome Oscillator (5, 34)

AO_5_34 > 0

0.47

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.57

Bullish

Williams %R (14 days)

WILLR_14 < -80

-95.39

Bullish

Name

Signal

Value

Meaning

Momentum (10 days)

MOM_10 < 0

-3.3

Bearish

Closing price

close < fibonacci_S1

31.8

Bearish

Moving Average

Price crosses below 10-day SMA

--

Bearish

Moving Average

Price crosses below 20-day SMA

--

Bearish

Moving Average

5-day SMA crosses below 10-day SMA

--

Bearish

Moving Average

5-day SMA crosses below 20-day SMA

--

Bearish

ZLAB Support and Resistance Level

The support levels for ZLAB are at 32.43, 30.45, and 27.26, while the resistance levels are at 38.81, 40.79, and 43.98. With the current stock price at 31.77, it is leaning more toward the support levels.

ZLAB Technical Analysis

Technical Analysis of ZLAB Stock

Price Action and Indicators:

  • Current Price: $38.2 (as of 2025-03-14 close)
  • Volume: 1,028,128
  • Recent Price Change: +5.70% in the regular market, +3.10% in pre-market

Key Technical Indicators:

  • RSI (6, 12, 14): 74.61, 70.22, 69.57 (overbought territory)
  • Stochastic Oscillator: StochK (72.53) > StochD (66.42) (bullish signal)
  • MACD: 2.09 (positive, above signal line at 0.13)
  • Fibonacci Levels:
    • Pivot: 35.40
    • Resistance Levels: 38.59, 40.56, 43.75
    • Support Levels: 32.21, 30.24, 27.05

Analysis:

The stock is currently overbought based on RSI levels, suggesting a potential pullback. However, the bullish Stochastic Oscillator and positive MACD indicate strong upward momentum. The recent price surge aligns with positive news, including JPMorgan raising the price target to $51 and the acceptance of the BLA for TIVDAK.

Recommendation:

Buy ZLAB with a target price of $40.56 and a stop-loss at $35.40. The stock is expected to test the next Fibonacci resistance level, driven by positive momentum and catalysts.

ZLAB FAQs

Which bull technical signals does ZLAB have?

Bullish technical signals of ZLAB include: CCI_20_0.015 < -100, AO_5_34 > 0, MACD_12_26_9 > 0, WILLR_14 < -80.

Which bearish technical signals does ZLAB have?

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for ZLAB stock?

Is ZLAB a buy based on overall technical signals summary?

ZLAB Buy or Sell

ZLAB has 4 buy signals and 6 sell signals now. Overall the technical rating for ZLAB is Sell.

StrongSellSellNeutralBuyStrongBuy
Sell
Sell
6
Buy
4

ZLAB Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 31.77 below the SMA_5. In the short term, the stock shows a negative trend with the 35.67 below the SMA_20. In the mid term, the stock shows a positive trend with the 36.17 above the SMA_60. In the long term, the stock shows a positive trend with the 31.44 above the SMA_200.

Swing

Negative

Stock Price Below SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Positive

SMA_60 Above SMA_200

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