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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 2024-06-06 View latest technical analysis

10 day averaged volume of Zim Laboratories is 145025

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	104.80	102.80	106.00	102.00	0.799 times
05 Wed Jun 2024	102.10	95.40	105.30	94.25	1.059 times
04 Tue Jun 2024	95.40	103.65	103.65	92.40	1.36 times
03 Mon Jun 2024	103.65	103.25	104.95	102.40	0.766 times
31 Fri May 2024	101.80	101.65	104.60	101.10	0.422 times
30 Thu May 2024	103.50	105.95	106.15	102.55	0.536 times
29 Wed May 2024	105.20	104.45	106.10	103.05	0.923 times
28 Tue May 2024	104.45	103.90	106.50	101.85	1.245 times
27 Mon May 2024	103.90	107.60	109.30	103.10	2.232 times
24 Fri May 2024	107.85	109.50	110.35	107.25	0.525 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 102.5 as stoploss in an intra day buy trade for a target of 108.33. However, stock will show a bearish move below 102.5.

Share price targets for Zim Laboratories (ZIMLAB)

Target Type	Value
Downside Target	89.50
Downside Target	91.85
Downside Target	100.65
Upside Target	106.00
Upside Target	111.60
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	96.13
Downside Intraday Target	87.47
Upside Intraday Target	109.73
Upside Intraday Target	114.67
Downside Intraday Target	101.07

Weekly technical analysis of Zim Laboratories (ZIMLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	104.80	103.25	106.00	92.40	0.743 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 up 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
06 Thu Jun 2024	104.80	103.25	106.00	92.40	0.11 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Zim Laboratories Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Zim Laboratories in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 102.88 and Zim Laboratories (ZIMLAB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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