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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Zai Lab Limited - American Depositary Shares (NASDAQ:ZLAB)
Strong Downtrend (-100) - ZLAB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ZLAB continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 15th, 2024 at 18.72
The short-term trend has been DOWN since Apr 10th, 2024 at 15.24
Smart Scan Analysis for ZLAB
Based on our trend formula, ZLAB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.620 | 13.885 | 13.480 | 13.670 | -0.050 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.720 | 56597 | 2024-04-18 10:04:59 |
| 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 | 14.01 | 52wk Low Date | 2024-04-16 |
| Average Volume | 605,410 | Market Cap | 1,240M |
| Assets | 103,629,500M | Liabilities | 240,177,000M |
| Volatility | 49.34 |