+Compare
ZKIN
Stock ticker:
NASDAQ
AS OF
Aug 16 closing price
Price
$1.11
Change
+$0.01 (+0.91%)
Capitalization
33.74M

ZKIN Price Prediction, ZK International Group Co Ltd AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Aug 16, 2022

ZKIN sees MACD Histogram just turned negative

ZKIN saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on August 11, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 41 instances where the indicator turned negative. In 38 of the 41 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on August 11, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on ZKIN as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

ZKIN moved below its 50-day moving average on August 11, 2022 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZKIN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ZKIN broke above its upper Bollinger Band on July 19, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The 10-day moving average for ZKIN crossed bullishly above the 50-day moving average on July 27, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ZKIN advanced for three days, in of 237 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 123 cases where ZKIN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ZKIN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.380) is normal, around the industry mean (1.450). P/E Ratio (0.000) is within average values for comparable stocks, (18.101). ZKIN's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (0.545). Dividend Yield (0.000) settles around the average of (0.062) among similar stocks. P/S Ratio (0.253) is also within normal values, averaging (1.796).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ZKIN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock worse than average.

AI
A.I.Advisor
published price charts
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), Cleveland-Cliffs (NYSE:CLF), United States Steel Corp (NYSE:X), Arconic Corp (NYSE:ARNC).

Industry description

The steel industry includes manufacturers of steel and steel-related products. Companies use iron ore and scrap steel to produce steel. The industry also includes companies involved in mining and marketing of steel products. Along with serving some of the domestic markets, U.S. steel output has, over the years, been used by international economies as well. Competition from imported steel has also increased over time. The industry could be susceptible to business cycles, since the element is an important input in industrial production. Some of the globally-renowned steel behemoths include Nucor Corporation, Vale, and ArcelorMittal SA.

Market Cap

The average market capitalization across the Steel Industry is 3.48B. The market cap for tickers in the group ranges from 107.02K to 37.14B. NUE holds the highest valuation in this group at 37.14B. The lowest valued company is GCIN at 107.02K.

High and low price notable news

The average weekly price growth across all stocks in the Steel Industry was 2%. For the same Industry, the average monthly price growth was 10%, and the average quarterly price growth was -11%. ACNT experienced the highest price growth at 34%, while MTRT experienced the biggest fall at -29%.

Volume

The average weekly volume growth across all stocks in the Steel Industry was -69%. For the same stocks of the Industry, the average monthly volume growth was -68% and the average quarterly volume growth was -61%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 32
P/E Growth Rating: 74
Price Growth Rating: 49
SMR Rating: 22
Profit Risk Rating: 77
Seasonality Score: -4 (-100 ... +100)
AI

View a ticker or compare two or three

ZKIN
Buy/Sell Ratings
 
 
Technical Analysis# Of IndicatorsAvg. Odds
   
   
 
AI
A.I. Advisor
published General Information

General Information

an industrial conglomerate which engages in the providing of systematic solutions to construction projects that require sophisticated piping systems

Industry Steel

Profile
Fundamentals
Details
Industry
Industrial Conglomerates
Address
C/o Zhejiang Zhengkang Industrial Co., Ltd.
Phone
+86 57786852999
Employees
308
Web
http://www.zkinternationalgroup.com

Interesting Tickers

1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
FANH4.590.07
+1.55%
Fanhua
CFG40.100.27
+0.67%
Citizens Financial Group
RKLB6.61N/A
N/A
Rocket Lab USA
UTL56.50-0.25
-0.44%
Unitil Corp
LEJU2.35-0.07
-2.89%
Leju Holdings Limited

ZKIN and

Correlation & Price change

A.I.dvisor indicates that over the last year, ZKIN has been loosely correlated with SID. These tickers have moved in lockstep 34% of the time. This A.I.-generated data suggests there is some statistical probability that if ZKIN jumps, then SID could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ZKIN
1D Price
Change %
ZKIN100%
+0.91%
SID - ZKIN
34%
Loosely correlated
+0.95%
PRLB - ZKIN
29%
Poorly correlated
-1.61%
MT - ZKIN
28%
Poorly correlated
+2.64%
AZZ - ZKIN
27%
Poorly correlated
+1.73%
ATI - ZKIN
25%
Poorly correlated
+1.25%
More