ZOETIS INC. CLASS A - 1H - Technical analysis published on 10/05/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
72%
6%
22%
My opinion
Bullish above 195.79 USD
My targets
204.24 USD (+3.67%)
205.96 USD (+4.54%)
My analysis
The strong short-term increase in ZOETIS INC. CLASS A calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 195.79 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 204.24 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 205.96 USD as an objective. Crossing it would then enable buyers to target 209.69 USD. Caution, a return under 195.79 USD could jeopardize the reversal.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.5
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ZOETIS INC. CLASS A rating is 197.01 USD. The price registered an increase of +1.71% on the session and was traded between 193.66 USD and 197.38 USD over the period. The price is currently at +1.73% from its lowest and -0.19% from its highest.193.66
197.38
197.01
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ZOETIS INC. CLASS A indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Support of channel is broken
Type : Bearish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 186.36 | 191.33 | 195.79 | 197.01 | 197.41 | 204.24 | 205.96 |
| Change (%) | -5.41% | -2.88% | -0.62% | - | +0.20% | +3.67% | +4.54% |
| Change | -10.65 | -5.68 | -1.22 | - | +0.40 | +7.23 | +8.95 |
| Level | Minor | Intermediate | Minor | - | Major | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 186.02 | 188.48 | 191.08 | 193.54 | 196.14 | 198.60 | 201.20 |
| Camarilla | 192.30 | 192.76 | 193.23 | 193.69 | 194.15 | 194.62 | 195.08 |
| Woodie | 186.10 | 188.52 | 191.16 | 193.58 | 196.22 | 198.64 | 201.28 |
| Fibonacci | 188.48 | 190.41 | 191.60 | 193.54 | 195.47 | 196.66 | 198.60 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 177.66 | 184.50 | 190.34 | 197.18 | 203.02 | 209.86 | 215.70 |
| Camarilla | 192.70 | 193.87 | 195.03 | 196.19 | 197.35 | 198.52 | 199.68 |
| Woodie | 177.17 | 184.25 | 189.85 | 196.93 | 202.53 | 209.61 | 215.21 |
| Fibonacci | 184.50 | 189.34 | 192.33 | 197.18 | 202.02 | 205.01 | 209.86 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 168.18 | 179.75 | 186.95 | 198.52 | 205.72 | 217.29 | 224.49 |
| Camarilla | 188.98 | 190.70 | 192.42 | 194.14 | 195.86 | 197.58 | 199.30 |
| Woodie | 165.99 | 178.66 | 184.76 | 197.43 | 203.53 | 216.20 | 222.30 |
| Fibonacci | 179.75 | 186.92 | 191.35 | 198.52 | 205.69 | 210.12 | 217.29 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 56.38 | |
| MACD (12,26,9): | -0.0600 | |
| Directional Movement: | 7.37 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 194.64 | |
| Parabolic SAR (0,02-0,02-0,2): | 191.64 | |
| Elder Ray (13): | 1.63 | |
| Super Trend (3,10): | 192.16 | |
| Zig ZAG (10): | 197.00 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 83.19 | |
| TEMA (21): | 195.53 | |
| Williams %R (14): | -9.60 | |
| Chande Momentum Oscillator (20): | 0.17 | |
| Repulse (5,40,3): | 0.8300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 0.63 |
| MA7: | 195.20 | |
| MA20: | 200.63 | |
| MA50: | 202.68 | |
| MA100: | 194.13 | |
| MAexp7: | 195.23 | |
| MAexp20: | 194.93 | |
| MAexp50: | 196.17 | |
| MAexp100: | 198.36 | |
| Price / MA7: | +0.93% | |
| Price / MA20: | -1.80% | |
| Price / MA50: | -2.80% | |
| Price / MA100: | +1.48% | |
| Price / MAexp7: | +0.91% | |
| Price / MAexp20: | +1.07% | |
| Price / MAexp50: | +0.43% | |
| Price / MAexp100: | -0.68% |
Quotes :
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15 min delayed data
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NYSE Stocks
News
Don't forget to follow the news on ZOETIS INC. CLASS A. At the time of publication of this analysis, the latest news was as follows:
- Zoetis to Host Webcast and Conference Call on Third Quarter 2021 Financial Results
- Zoetis Named a “100 Best Company” and a “Best Company for Dads” by Seramount
- Zoetis to Participate in the Jefferies Virtual Pet Care Summit
- Zoetis Announces Second Quarter 2021 Results
- Zoetis to Acquire Jurox, a Leading Provider and Manufacturer of Livestock and Companion Animal Products
This member declared not having a position on this financial instrument or a related financial instrument.
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