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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 17	C	Weak or Absent	Up	Up	Up	-20.32%
May 16	C	Weak or Absent	Up	Up	Up	-16.91%
May 15	C	Weak or Absent	Up	Up	Up	-8.40%
May 14	C	Weak or Absent	Up	Up	Up	-9.21%
May 13	B	Weak or Absent	Up	Up	Up	-10.00%
May 10	C	Weak or Absent	Down	Up	Down	-6.03%
May 9	D	Weak or Absent	Down	Up	Down	-6.74%
May 8	C	Weak or Absent	Down	Flat	Down	-4.05%
May 7	C	Weak or Absent	Down	Up	Down	-4.66%
May 6	C	Weak or Absent	Flat	Up	Up	-8.44%