Z Technical Analysis - ZILLOW GROUP INC - C

Technical Rating and Analysis

Overall Z gets a technical rating of 1 out of 10. Z has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

Z is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Z has an average volume of 2947490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When comparing the performance of all stocks over the past year, Z turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.

Z is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry, Z did better than 69% of them.

Z is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so Z is lagging the market.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

ZILLOW GROUP INC - C / Z Weekly stock chart

ZILLOW GROUP INC - C / Z Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, Z does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 70.08, a Stop Loss order could be placed below this zone.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

59.05

88.19

When analyzing the support we can see 3 important areas.

A support zone ranging from 69.69 to 70.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @62.86 from a trend line in the weekly time frame.
Support @59.65 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 72.97 to 75.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @87.32 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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	57.1	NEUTRAL	Z is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of Z is below a declining 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)	41.05	NEUTRAL	The RSI value for Z is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.1	POSITIVE	The MACD value suggests Z has a positive trend.
Stochastics (14,3)	34.95	NEUTRAL	The Stochastics value for Z is a neutral value.
Average True Range in percent/ATR (20)	3.91	MEDIUM VOLATILITY	The ATR as a percentage value for Z suggests some volalility.
Average Directional Index/ADX (14)	23.15	NEUTRAL	The ADX value for Z suggests a possible start of a new trend.