ZTO technical analysis

ZTO Technical Analysis

Analysis date

August 7, 2026

Market

NYSE (USD)

Daily cutoff

August 6, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

ZTO Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
ZTO
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 6, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series24.07August 6, 2026-Verified
Verification series24.07August 6, 20260.02%Verified

Bottom line

ZTO Technical Analysis Summary

ZTO Express shows a bullish daily picture and a bullish weekly picture. Price at 24.07 trades above SMA20 (24.06), SMA50 (23.10), and SMA200 (22.53) on the daily chart, while the weekly price at 24.02 also holds above all three key averages with a bullish moving-average alignment. Daily RSI at 54.94 and weekly RSI at 56.98 are both constructive without being overbought. The MACD is positive on both timeframes but the histograms are slightly negative, signaling that momentum has cooled after a strong recovery from the 2025 lows. Key support sits at the 20-day low of 23.49, followed by SMA50 at 23.10 and the 60-day low at 21.47. Immediate resistance is at the 20-period high of 24.78, the 60-period high of 25.11, and the 52-week high at 25.97. Volume was about average on the daily advance, so a continued push above the 20-period high with expanding volume would add confidence.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 6, 2026)

Trend
Bullish. Price at 24.07 closed back above SMA20 (24.06) and sits above SMA50 (23.10) and SMA200 (22.53). The SMA20 is above SMA50 and SMA200, confirming a bullish moving-average alignment, with the latest session reclaiming the 20-day average after a brief pullback.
Momentum
Bullish but cooling. RSI14 at 54.94 is above the 50 midline and below the 70 overbought level. MACD line at 0.21 sits below its signal at 0.26 with a slightly negative histogram of -0.05, so momentum is constructive but has not yet fully renewed its upside push.
Volatility
Moderate. ATR14 at 0.49 (2.03% of price) suggests average daily movement of about 2.0%. Bollinger Bands (23.57 to 24.55) are moderately narrow, with price at 24.07 trading in the upper half of the band, consistent with the recent bounce.
Volume
About average. Latest volume of 1,744,722 is 99.7% of the 20-period average (1,750,641), indicating participation in line with recent norms.

Assessment

The daily chart is bullish after price reclaimed SMA20 (24.06) and closed above all three key moving averages with a bullish stack. RSI at 54.94 is constructive without being overbought, while the slightly negative MACD histogram shows momentum is cooling after the recovery from the 2025 lows. Volume was about average on the up day. The stock sits at the 77.6% position within its 52-week range. Immediate support is the 20-day low at 23.49, followed by SMA50 at 23.10 and the 60-day low at 21.47. Resistance sits at the 20-period high at 24.78, the 60-period high at 25.11, and the 52-week high at 25.97.

Weekly (July 27, 2026 week)

Trend
Bullish. Price at 24.02 is above SMA20 (23.74), SMA50 (21.80), and SMA200 (21.14). The SMA20 sits above SMA50 and SMA200, confirming a bullish moving-average alignment on the weekly scale.
Momentum
Bullish but cooling. RSI14 at 56.98 is above the 50 midline and below the 70 overbought level, leaving room for further upside. MACD line at 0.36 is below its signal at 0.43 with a slightly negative histogram of -0.07, showing that weekly momentum remains positive but has cooled from its recent peak.
Volatility
Moderate. ATR14 at 1.16 (4.83% of price) reflects the wider weekly ranges typical of a China-based ADR. Bollinger Bands (21.53 to 25.95) are wide, with price trading near the middle of the band.
Volume
Above average. Weekly volume of 13,202,300 is 163.7% of the 20-week average (8,064,790), indicating solid participation during the advance.

Assessment

The weekly chart remains in an uptrend. Price holds above all three key moving averages with a bullish stack, and RSI at 56.98 is constructive without being overbought. The main caution is the MACD histogram turning slightly negative, which signals that momentum is cooling after the strong run from the 2025 lows. A sustained weekly close above the 20-period high at 25.97, which also marks the 52-week high, would signal a continuation, while a break below SMA20 at 23.74 and the 20-week low at 21.47 would weaken the structure.

Key indicators

ZTO Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)54.9456.98
MACD (12, 26, 9)0.21 / 0.26 / -0.050.36 / 0.43 / -0.07
ATR (14)0.49 (2.03%)1.16 (4.83%)
Bollinger Bands (20, 2)23.57 - 24.5521.53 - 25.95
SMA (20)24.0623.74
SMA (50)23.1021.80
SMA (200)22.5321.14

Price structure

ZTO Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price24.0724.02
1-Period Return+1.58%+0.17%
5-Period Return+0.86%+9.63%
20-Period Return+2.62%+1.51%
60-Period Return-3.78%+42.46%
252-Period Return+23.98%-11.37%
52-Week Low17.4617.46
52-Week High25.9725.97
52-Week Position77.61%77.08%

Key levels

ZTO Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High24.7825.97
20-Period Low23.4921.47
60-Period High25.1125.97
60-Period Low21.4716.76

Scenarios

ZTO Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks and holds above the 20-period high at 24.78 on the daily chart on expanding volume, opening the path toward the 60-period high at 25.11 and the 52-week high at 25.97.

Invalidation

Price falls back below SMA50 at 23.10 and breaks the 20-day low at 23.49.

What to watch

RSI holding above 55 and reclaiming the 60 zone; MACD histogram turning positive again; volume expanding on breakout days; a sustained weekly close above 25.97.

Range-Bound

Trigger

Price oscillates between the 20-day low at 23.49 and the 20-period high at 24.78 as the market digests the recent advance.

Invalidation

A decisive break above 24.78 or below 23.49 on expanding volume.

What to watch

RSI staying between 45 and 60; MACD histogram fluctuating near zero; volume holding near or above the 20-period average.

Bearish

Trigger

Price fails at the 20-period high at 24.78 and breaks below the 20-day low at 23.49, then the SMA50 at 23.10, opening a path toward the 60-day low at 21.47.

Invalidation

Price reclaims and holds above SMA20 at 24.06.

What to watch

RSI falling below 45; MACD histogram deepening negative; rising volume on down days; renewed weakness in Chinese ADR sentiment.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 6, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 6, 2026, weekly July 27, 2026 week. Generated August 7, 2026.