ZILLOW GROUP INC - C (Z) Stock Technical Analysis
USA - NASDAQ:Z - US98954M2008 - Common Stock
Overall Z gets a technical rating of 1 out of 10. Z's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, Z does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 76.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 72.37, a Stop Loss order could be placed below this zone.
More info and screens
59.05
4 important support areas can be observed.
- A support zone ranging from 71.33 to 72.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 69.69 to 69.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @63.11 from a trend line in the weekly time frame.
- Support @59.65 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 76.54 to 78.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 87.32 to 87.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for Z is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for Z is down. |
| ChartMill Relative Strength | 24.56 | NEGATIVE | Z has a low relative strength, it was outperformed by 75.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of Z is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of Z is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of Z is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.11 | NEUTRAL | The RSI value for Z is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests Z has a positive trend. |
| Stochastics (14,3) | 30.86 | NEUTRAL | The Stochastics value for Z is a neutral value. |
| Average True Range in percent/ATR (20) | 3.46 | MEDIUM VOLATILITY | The ATR as a percentage value for Z suggests some volalility. |
| Average Directional Index/ADX (14) | 12.24 | NEGATIVE | The low ADX value for Z suggests a weak or negative trend. |
73.05
+0.05 (+0.07%)
ZILLOW GROUP INC - C / Z FAQ
What is the ChartMill technical rating of ZILLOW GROUP INC - C (Z) stock?
ChartMill assigns a technical rating of 1 / 10 to Z.
What is the trend direction for Z stock?
The current trend direction for ZILLOW GROUP INC - C (Z) is Bearish.
What is the RSI signal for ZILLOW GROUP INC - C (Z) stock?
ZILLOW GROUP INC - C (Z) has an RSI value of 44.1115. This indicates that the stock is currently neutral.
What is the MACD signal for ZILLOW GROUP INC - C (Z) stock?
The MACD indicator for ZILLOW GROUP INC - C (Z) has a value of 0.0641633, indicating a bearish trend.
What is the support and resistance level for Z stock?
ZILLOW GROUP INC - C (Z) has a support level at 72.37 and a resistance level at 76.54. Check the full technical report for our detailed analysis of Z support and resistance levels.