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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Zai Lab Limited - American Depositary Shares (NASDAQ:ZLAB)
Crossroads (+60) - ZLAB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ZLAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZLAB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZLAB
The long-term trend has been DOWN since Jan 19th, 2024 at 22.35
The intermediate-term trend has been UP since Apr 29th, 2024 at 16.13
The short-term trend has been UP since Apr 22nd, 2024 at 14.48
Smart Scan Analysis for ZLAB
Based on our trend formula, ZLAB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20.05 | 21.49 | 19.76 | 20.56 | +3.99 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.57 | 2979217 | 2024-05-09 15:17:44 |
| Year High | 27.34 | Year High Date | 2018-02-01 |
| Year Low | 14.29 | Year Low Date | 2018-10-11 |
| 52wk High | 39.5 | 52wk High Date | 2023-05-10 |
| 52wk Low | 13.48 | 52wk Low Date | 2024-04-18 |
| Average Volume | 495,761 | Market Cap | 1,240M |
| Assets | 103,629,500M | Liabilities | 240,177,000M |
| Volatility | 49.34 |