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

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 22	D	Strong	Down	Up	Up	6.08%
Feb 21	D	Weak or Absent	Down	Up	Up	6.36%
Feb 20	D	Weak or Absent	Down	Flat	Up	7.15%
Feb 16	F	Weak or Absent	Down	Down	Up	9.29%
Feb 15	F	Weak or Absent	Down	Down	Up	11.40%
Feb 14	D	Weak or Absent	Down	Down	Up	12.71%
Feb 13	D	Strong	Down	Down	Up	16.08%
Feb 12	F	Strong	Down	Down	Up	15.68%
Feb 9	D	Strong	Down	Down	Up	17.49%
Feb 8	D	Strong	Down	Down	Up	18.39%