ZTO Express (Cayman) Inc. (ZTO) Went Up 1.5%, And Here’s Why

For its latest trading sesion, ZTO Express (Cayman) Inc. (ZTO) spiked up by 1.5% – here is what that looked like (as of 2019-11-08):

What’s the reason for these moves? To understand this better, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.008, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.232, an Accumulation/Distribution Index (ADI) of 0.232, an On-Balance Volume (OBV) of 128.407, and a Chaiikin Money Flow (CMF) of -22.17. 1.174

Now let’s plug these indicators in. According to Trading View, this is what it all means:

So there you have it – our analysis of ZTO Express (Cayman) Inc. (ZTO). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.

Becky Steen

My name is Becky Steen, I am a technology writer who has been writing for this website for the past 4 months. You can contact me and ask me anything about science and technology. I especially like researching new gadgets. Most recently, at the request of many of our readers, I have started providing technical stock analysis news.

2335 Holt Street, SAINT CROIX IN 47576
561-265-3129
becky@merakhaber.com
Becky Steen