ZOETIS INC. CLASS A - Daily - Technical analysis published on 02/15/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
56%
11%
33%
My opinion
Bearish under 209.69 USD
My targets
192.77 USD (-2.70%)
174.35 USD (-11.99%)
My analysis
ZOETIS INC. CLASS A is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 209.69 USD. The next support located at 192.77 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 174.35 USD. Below this support, sellers could then target 144.10 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
4.3
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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 price is 198.11 USD. On the day, this instrument gained +0.86% and was traded between 196.54 USD and 201.45 USD over the period. The price is currently at +0.80% from its lowest and -1.66% from its highest.196.54
201.45
198.11
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ZOETIS INC. CLASS A:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ZOETIS INC. CLASS A indicates that the overall trend is strongly bearish. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near resistance of channel
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 144.10 | 174.35 | 192.77 | 198.11 | 199.01 | 209.69 | 226.43 |
| Change (%) | -27.26% | -11.99% | -2.70% | - | +0.45% | +5.85% | +14.30% |
| Change | -54.01 | -23.76 | -5.34 | - | +0.90 | +11.58 | +28.32 |
| Level | Major | Intermediate | Major | - | Intermediate | 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 | 189.23 | 191.82 | 194.13 | 196.72 | 199.03 | 201.62 | 203.93 |
| Camarilla | 195.08 | 195.53 | 195.98 | 196.43 | 196.88 | 197.33 | 197.78 |
| Woodie | 189.08 | 191.75 | 193.98 | 196.65 | 198.88 | 201.55 | 203.78 |
| Fibonacci | 191.82 | 193.70 | 194.85 | 196.72 | 198.60 | 199.75 | 201.62 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 187.80 | 192.58 | 195.73 | 200.51 | 203.66 | 208.44 | 211.59 |
| Camarilla | 196.69 | 197.42 | 198.14 | 198.87 | 199.60 | 200.32 | 201.05 |
| Woodie | 186.98 | 192.17 | 194.91 | 200.10 | 202.84 | 208.03 | 210.77 |
| Fibonacci | 192.58 | 195.61 | 197.48 | 200.51 | 203.54 | 205.41 | 208.44 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 118.94 | 152.33 | 176.06 | 209.45 | 233.18 | 266.57 | 290.30 |
| Camarilla | 184.08 | 189.32 | 194.55 | 199.79 | 205.03 | 210.26 | 215.50 |
| Woodie | 114.11 | 149.92 | 171.23 | 207.04 | 228.35 | 264.16 | 285.47 |
| Fibonacci | 152.33 | 174.15 | 187.63 | 209.45 | 231.27 | 244.75 | 266.57 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.66 | |
| MACD (12,26,9): | -4.0900 | |
| Directional Movement: | -10.36 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 195.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 194.42 | |
| Elder Ray (13): | -0.74 | |
| Super Trend (3,10): | 208.26 | |
| Zig ZAG (10): | 198.83 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 62.87 | |
| TEMA (21): | 196.00 | |
| Williams %R (14): | -33.25 | |
| Chande Momentum Oscillator (20): | 3.54 | |
| Repulse (5,40,3): | -0.5000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3900 | |
| Courbe Coppock: | 2.33 |
| MA7: | 199.63 | |
| MA20: | 198.48 | |
| MA50: | 215.99 | |
| MA100: | 212.97 | |
| MAexp7: | 198.99 | |
| MAexp20: | 201.67 | |
| MAexp50: | 208.83 | |
| MAexp100: | 209.25 | |
| Price / MA7: | -0.76% | |
| Price / MA20: | -0.19% | |
| Price / MA50: | -8.28% | |
| Price / MA100: | -6.98% | |
| Price / MAexp7: | -0.44% | |
| Price / MAexp20: | -1.77% | |
| Price / MAexp50: | -5.13% | |
| Price / MAexp100: | -5.32% |
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 Reports Fourth Quarter and Full Year 2021 Results
- Zoetis Declares Second Quarter 2022 Dividend
- Zoetis Announces FDA Approval of Solensia™ (frunevetmab injection) to Control Osteoarthritis Pain in Cats
- Zoetis Announces Expanded Commitments to Protect the Planet
- Zoetis to Participate in the 40th Annual J.P. Morgan Healthcare Conference
This member declared not having a position on this financial instrument or a related financial instrument.
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