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(ZIMLAB) Zim Laboratories complete technical analysis [charts+indicators] | Buy/Sell Zim Laboratories | (ZIMLAB) share price targets

Complete technical analysis of Zim Laboratories (ZIMLAB) by charts plus indicators, forecast predictions and share price targets for Zim Laboratories (ZIMLAB)

Showing technical analysis as on 2024-02-29 View latest technical analysis

10 day averaged volume of Zim Laboratories is 180244

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	108.45	108.75	109.60	106.60	0.307 times
28 Wed Feb 2024	108.90	111.95	112.00	108.10	0.74 times
27 Tue Feb 2024	111.55	111.10	113.10	110.20	0.444 times
26 Mon Feb 2024	111.70	114.00	114.05	110.30	0.525 times
23 Fri Feb 2024	113.40	112.00	115.95	112.00	0.88 times
22 Thu Feb 2024	112.20	113.10	114.90	110.00	0.74 times
21 Wed Feb 2024	113.10	115.25	116.85	112.50	0.759 times
20 Tue Feb 2024	115.75	118.30	118.30	114.70	0.688 times
19 Mon Feb 2024	117.10	114.15	120.00	113.85	2.886 times
16 Fri Feb 2024	113.60	110.50	114.70	108.00	1.864 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 107.3 as stoploss in an intra day buy trade for a target of 110.6. However, stock will show a bearish move below 107.3.

Share price targets for Zim Laboratories (ZIMLAB)

Target Type	Value
Downside Target	100.65
Downside Target	104.35
Upside Target	113.40
Upside Target	114.35
Upside Target	114.70
Upside Target	120.00
Upside Target	121.20
Upside Target	123.80
Upside Target	124.00
Upside Target	128.75

Intraday share price targets for Zim Laboratories (ZIMLAB)

Target Type	Value
Downside Intraday Target	105.35
Downside Intraday Target	102.25
Upside Intraday Target	112.8
Upside Intraday Target	117.15
Upside Intraday Target	109.7

Weekly technical analysis of Zim Laboratories (ZIMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	108.45	114.00	114.05	106.60	0.339 times
23 Fri Feb 2024	113.40	114.15	120.00	110.00	0.969 times
16 Fri Feb 2024	113.60	108.50	114.70	100.65	0.856 times
09 Fri Feb 2024	110.20	107.80	114.10	107.55	0.921 times
02 Fri Feb 2024	107.50	109.95	113.40	104.35	3.992 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Zim Laboratories (ZIMLAB)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	108.45	108.40	120.00	100.65	1.046 times
31 Wed Jan 2024	107.45	115.90	123.80	105.85	0.937 times
29 Fri Dec 2023	115.35	116.85	121.20	108.00	1.195 times
30 Thu Nov 2023	115.35	116.40	128.75	114.35	1.29 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Zim Laboratories (ZIMLAB)

Price action analysis of Zim Laboratories ( (ZIMLAB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Zim Laboratories ( (ZIMLAB) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Zim Laboratories ( (ZIMLAB) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Zim Laboratories stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Zim Laboratories in short term and the sell signal is strong.

Zim Laboratories Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Zim Laboratories in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Zim Laboratories is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 113.91 and Zim Laboratories (ZIMLAB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Zim Laboratories (ZIMLAB) stock. Volume based technical analysis of Zim Laboratories (ZIMLAB) stock is negative.

Zim Laboratories Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.