Matthews International Corporation ($MATW) vs ZK International Group Co., Ltd ($ZKIN)

2019-08-20 | Welcome! Today we compared how two different stocks in the Metal Fabrications industry are trading: Matthews International Corporation and ZK International Group Co., Ltd. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Matthews International Corporation opened at 31.56, got to a maximum price of 31.78 and dropped to as low as 31.03 before finishing the session at 31.05. In total there were 66500 shares traded, which is enough to conduct our analysis. Compare that now to ZK International Group Co., Ltd, which opened at 1.35, had a high of 1.35, a low of 1.28, closed at 1.35 and had a total volume of 19000.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Matthews International Corporation ZK International Group Co., Ltd
Accumulation-distribution index 230.62137 2.83861
on-balance volume -31.04 -1.31
chaikin money flow

5.81818 0.22086
force index

0.8374 0.0005
ease of movement rating

0.02272 0.00082
volume-price trend

-3.36948 -0.12187
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Matthews International Corporation ZK International Group Co., Ltd
Average true range 0.64958 0.06919
Bolinger bands 31.83451 1.28914
Upper bollinger band 29.34549 1.26086
Lower bollinger band

31.03 1.28
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

31.45667 1.32667
High band keltner channel

31.23667 1.32667
Low band keltner channel

31.67667 1.32667
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

31.03 1.28
Donchain channel low band

31.03 1.28
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Matthews International Corporation ZK International Group Co., Ltd
Moving Average Convergence Divergence (MACD) trend_macd -0.00022
MACD signal -0.01097 -0.00012
MACD difference -0.00877 -0.0001
fast Exponential Moving Average (EMA) indicator

31.03 1.28
slow Exponential Moving Average (EMA) indicator

31.03 1.28
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.08933 0.21091
trix

-7.44042 -4.17433
Mass Index (MI)

1.0 3.3616
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

3.81 0.1309
KST Oscillator (KST)

-109.35714 -92.7783
KST Oscillator (KST Signal)

-109.35714 -92.7783
KST difference

-6.31458 -1.77192
Ichimoku rating

31.67 1.35
Ichimoku B rating

31.67 1.35
Ichimoku visual trend A

35.14763 1.46858
Ichimoku visual trend B

34.24366 1.40661
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Matthews International Corporation ZK International Group Co., Ltd
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 20.1473 35.40688
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-24.50978 -114.94064
stochastic oscillator

340.90909 50.0
stochastic oscillator signal

340.90909 50.0
Williams %R rating

240.90909 -50.0
awesome oscillator

-0.15527 0.00313

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Matthews International Corporation and ZK International Group Co., Ltd.

Daily return -10.93571 -9.27783
Daily log return -2.87696 -0.78432
Cumulative return -2.83597 -0.78125

So there you have it: our deep, grueling analysis comparing Matthews International Corporation and ZK International Group Co., Ltd together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Matthews International Corporation:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether MATW is strong or weak. Again – this is not a reliable indication of whether Matthews International Corporation is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with ZK International Group Co., Ltd

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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