Trend Table for ZTO - ZTO Express (Cayman) Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 20	C	Strong	Up	Up	Up	0.00%
May 17	C	Weak or Absent	Up	Up	Up	-0.12%
May 16	C	Weak or Absent	Up	Up	Up	4.16%
May 15	C	Weak or Absent	Up	Up	Up	14.82%
May 14	C	Weak or Absent	Up	Up	Up	13.81%
May 13	C	Weak or Absent	Up	Up	Up	12.82%
May 10	C	Weak or Absent	Down	Up	Down	17.79%
May 9	D	Weak or Absent	Down	Up	Down	16.90%
May 8	C	Weak or Absent	Down	Flat	Down	20.27%
May 7	C	Weak or Absent	Down	Up	Down	19.51%