Londinia Opportunities Analyses - 12/31/2024 (GMT) ZAI LAB LTD. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	ZLAB
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

11%

78%

11%

My opinion

Bearish under 26.31 USD

My targets

25.87 USD (-1.03%)

25.17 USD (-3.71%)

My analysis

The bearish trend is currently very strong for ZAI LAB LTD.. As long as the price remains below the resistance at 26.31 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 25.87 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 25.17 USD as an objective. Crossing it would then enable sellers to target 22.45 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.

Force

8.2

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Additional analysis

Quotes

ZAI LAB LTD. rating 26.14 USD. The price registered a decrease of -1.25% on the session and was traded between 25.89 USD and 26.98 USD over the period. The price is currently at +0.97% from its lowest and -3.11% from its highest.

25.89

26.98

26.14

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in 1H of this ZAI LAB LTD. chart shows a sharp bearish trend. 92.86% 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 scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour

The probability of a further decline is high given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Three black crows

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	22.45	25.17	25.87	26.14	26.31	26.97	27.48
Change (%)	-14.12%	-3.71%	-1.03%	-	+0.65%	+3.18%	+5.13%
Change	-3.69	-0.97	-0.27	-	+0.17	+0.83	+1.34
Level	Major	Major	Major	-	Minor	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.30	25.66	26.06	26.42	26.82	27.18	27.58
Camarilla	26.26	26.33	26.40	26.47	26.54	26.61	26.68
Woodie	25.33	25.67	26.09	26.43	26.85	27.19	27.61
Fibonacci	25.66	25.95	26.13	26.42	26.71	26.89	27.18

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	24.48	25.24	25.93	26.69	27.38	28.14	28.83
Camarilla	26.21	26.34	26.48	26.61	26.74	26.88	27.01
Woodie	24.44	25.22	25.89	26.67	27.34	28.12	28.79
Fibonacci	25.24	25.80	26.14	26.69	27.25	27.59	28.14

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.34	21.10	24.97	28.73	32.60	36.36	40.23
Camarilla	26.75	27.45	28.15	28.85	29.55	30.25	30.95
Woodie	17.41	21.13	25.04	28.76	32.67	36.39	40.30
Fibonacci	21.10	24.01	25.81	28.73	31.64	33.44	36.36

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):	33.01
MACD (12,26,9):	-0.1600
Directional Movement:	-12.32
AROON (14):	-35.71
DEMA (21):	26.28
Parabolic SAR (0,02-0,02-0,2):	27.00
Elder Ray (13):	-0.35
Super Trend (3,10):	26.91
Zig ZAG (10):	26.00
VORTEX (21):	0.8000
Stochastique (14,3,5):	13.06
TEMA (21):	26.14
Williams %R (14):	-91.74
Chande Momentum Oscillator (20):	-0.24
Repulse (5,40,3):	-1.4300
ROCnROLL:	2
TRIX (15,9):	-0.0500
Courbe Coppock:	2.75

MA7:	26.65
MA20:	27.16
MA50:	28.38
MA100:	24.79
MAexp7:	26.26
MAexp20:	26.45
MAexp50:	26.61
MAexp100:	26.87
Price / MA7:	-1.91%
Price / MA20:	-3.76%
Price / MA50:	-7.89%
Price / MA100:	+5.45%
Price / MAexp7:	-0.46%
Price / MAexp20:	-1.17%
Price / MAexp50:	-1.77%
Price / MAexp100:	-2.72%

Quotes : - 15 min delayed data - Actions NASDAQ

News

The latest news and videos published on ZAI LAB LTD. at the time of the analysis were as follows: