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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 2024-06-04 View latest technical analysis

10 day averaged volume of Zim Laboratories is 142659

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	95.40	103.65	103.65	92.40	1.382 times
03 Mon Jun 2024	103.65	103.25	104.95	102.40	0.779 times
31 Fri May 2024	101.80	101.65	104.60	101.10	0.429 times
30 Thu May 2024	103.50	105.95	106.15	102.55	0.545 times
29 Wed May 2024	105.20	104.45	106.10	103.05	0.938 times
28 Tue May 2024	104.45	103.90	106.50	101.85	1.266 times
27 Mon May 2024	103.90	107.60	109.30	103.10	2.27 times
24 Fri May 2024	107.85	109.50	110.35	107.25	0.534 times
23 Thu May 2024	109.75	108.10	111.90	108.10	0.947 times
22 Wed May 2024	108.60	111.60	112.20	108.15	1.278 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 96.5, for a target of 103.5 or 109.34

Share price targets for Zim Laboratories (ZIMLAB)

Target Type	Value
Downside Target	89.50
Downside Target	91.85
Upside Target	100.65
Upside Target	104.95
Upside Target	107.25
Upside Target	112.50
Upside Target	113.85
Upside Target	120.00
Upside Target	122.55
Upside Target	125.90
Upside Target	131.40

Intraday share price targets for Zim Laboratories (ZIMLAB)

Target Type	Value
Downside Intraday Target	90.22
Downside Intraday Target	85.03
Upside Intraday Target	102.77
Upside Intraday Target	110.13
Upside Intraday Target	97.58

Weekly technical analysis of Zim Laboratories (ZIMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	95.40	103.25	104.95	92.40	0.397 times
31 Fri May 2024	101.80	107.60	109.30	101.10	1.443 times
24 Fri May 2024	107.85	113.80	113.85	107.25	0.268 times
18 Sat May 2024	113.60	116.80	122.55	109.95	1.444 times
10 Fri May 2024	115.05	120.85	125.90	111.60	1.145 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
04 Tue Jun 2024	95.40	103.25	104.95	92.40	0.059 times
31 Fri May 2024	101.80	120.60	125.90	101.10	0.353 times
30 Tue Apr 2024	120.55	95.45	131.40	91.85	4.477 times
28 Thu Mar 2024	94.95	108.45	112.50	89.50	0.714 times

Scroll below to view daily charts

Price has moved down 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 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 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 104.14 and Zim Laboratories (ZIMLAB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 positive

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