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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Zai Lab Limited - American Depositary Shares (NASDAQ:ZLAB)
Sidelines Mode (-55) - ZLAB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 Jul 17th, 2024 at 18.91
The short-term trend has been DOWN since Jul 25th, 2024 at 18.67
Smart Scan Analysis for ZLAB
Based on our trend formula, ZLAB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.180 | 19.580 | 18.600 | 18.865 | -0.005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 18.870 | 642575 | 2024-07-26 15:59:45 |
| Year High | 27.34 | Year High Date | 2018-02-01 |
| Year Low | 14.29 | Year Low Date | 2018-10-11 |
| 52wk High | 32.6 | 52wk High Date | 2023-07-28 |
| 52wk Low | 13.48 | 52wk Low Date | 2024-04-18 |
| Average Volume | 505,684 | Market Cap | 1,240M |
| Assets | 988,437,000M | Liabilities | 226,268,000M |
| Volatility | 49.34 |