Zai Lab (ZLAB, $17.5) Moving Average Convergence Divergence (MACD) Histogram turned positive on August 21, 2024

#Biotechnology, #TechnicalAnalysis, #MACD, #Bullish, #Stocks, #SmallCap
ZLAB - Zai Lab Limited
MACD signal
Bullish Trend
80%
Odds of UP Trend
Price: $17.5
Daily change: +$0.41 (+2.4%)
Daily volume: 801.3K
Capitalization: $1.7B
Industry: Biotechnology

This is a Bullish indicator signaling ZLAB's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 55 similar cases where ZLAB's MACD histogram became positive, and 44 of them led to successful outcomes. Odds of Success: 80%.