ZOETIS INC. CLASS A
ZOETIS INC. CLASS A
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: ZTS
ISIN:

ZOETIS INC. CLASS A - Weekly - Technical analysis published on 08/13/2024 (GMT)

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  • Timeframe : Weekly
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 178.11 USD
My targets
198.88 USD (+5.61%)
239.56 USD (+27.21%)
My analysis
ZOETIS INC. CLASS A is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 178.11 USD. The next resistance located at 198.88 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 239.56 USD. With the current pattern, you will need to monitor for possible bullish 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 bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

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
7.9

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by pitiantuta. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

ZOETIS INC. CLASS A rating 188.32 USD. The price registered an increase of +1.64% over 5 days and was traded between 182.34 USD and 189.63 USD over the period. The price is currently at +3.28% from its lowest point and -0.69% from its highest point.

182.34
189.63
188.32

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

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:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ZOETIS INC. CLASS A in Weekly shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA20 & AMA50

Type : Bullish

Timeframe : Weekly



In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : Weekly


Resistance of channel is broken

Type : Bullish

Timeframe : Weekly



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 150.29 163.13 178.11 188.32 198.88 239.56
Change (%) -20.19% -13.38% -5.42% - +5.61% +27.21%
Change -38.03 -25.19 -10.21 - +10.56 +51.24
Level Major Minor Major - Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard179.44180.89182.35183.80185.26186.71188.17
Camarilla183.01183.28183.54183.81184.08184.34184.61
Woodie179.45180.89182.36183.80185.27186.71188.18
Fibonacci180.89182.00182.69183.80184.91185.60186.71


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard156.94164.59174.92182.57192.90200.55210.88
Camarilla180.31181.95183.60185.25186.90188.55190.20
Woodie158.28165.26176.26183.24194.24201.22212.22
Fibonacci164.59171.46175.70182.57189.44193.68200.55


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard156.59163.85171.94179.20187.29194.55202.64
Camarilla175.82177.23178.63180.04181.45182.85184.26
Woodie157.02164.06172.37179.41187.72194.76203.07
Fibonacci163.85169.71173.33179.20185.06188.68194.55

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): 61.48
MACD (12,26,9): 2.2800
Directional Movement: 5.03
AROON (14): 92.86
DEMA (21): 178.55
Parabolic SAR (0,02-0,02-0,2): 172.24
Elder Ray (13): 7.28
Super Trend (3,10): 157.49
Zig ZAG (10): 188.54
VORTEX (21): 1.0800
Stochastique (14,3,5): 85.19
TEMA (21): 181.49
Williams %R (14): -7.16
Chande Momentum Oscillator (20): 18.92
Repulse (5,40,3): 7.0000
ROCnROLL: 1
TRIX (15,9): -0.0400
Courbe Coppock: 21.61
MA7: 184.34
MA20: 181.85
MA50: 177.05
MA100: 170.27
MAexp7: 181.54
MAexp20: 176.75
MAexp50: 175.40
MAexp100: 173.10
Price / MA7: +2.16%
Price / MA20: +3.56%
Price / MA50: +6.37%
Price / MA100: +10.60%
Price / MAexp7: +3.73%
Price / MAexp20: +6.55%
Price / MAexp50: +7.37%
Price / MAexp100: +8.79%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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