ZILLOW GROUP INC - C (Z) Stock Technical Analysis
NASDAQ:Z - Nasdaq - US98954M2008 - Common Stock - Currency: USD
Overall Z gets a technical rating of 10 out of 10. Z has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that Z is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, Z also shows a nice and consistent pattern of rising prices.
Z is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 85% of 65 stocks in the same industry.
Z is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so Z is lagging the market slightly.
In the last month Z has a been trading in the 67.10 - 79.06 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Z has an average volume of 2172420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although Z has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
58.09
78.79
When analyzing the support we can see 4 important areas.
- A support zone ranging from 69.52 to 71.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 67.34 to 68.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.65 from a horizontal line in the weekly time frame.
- Support @58.68 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for Z is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for Z is up. |
| ChartMill Relative Strength | 90.08 | POSITIVE | Z has a high relative strength, it outperformed 90.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of Z is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of Z is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of Z is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.61 | OVERBOUGHT | The high RSI value suggests Z may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.85 | POSITIVE | The MACD value suggests Z has a positive trend. |
| Stochastics (14,3) | 93.67 | OVERBOUGHT | The high Stochastics value suggests Z may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for Z suggests some volalility. |
| Average Directional Index/ADX (14) | 25.23 | POSITIVE | The high ADX value value for Z suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
78.01
-0.9 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.14%
1 Week7.56%
2 Weeks12.7%
1 Month9.69%
3 Month27.55%
6 Month9.52%
12 Month55.15%
2 Year44.04%
3 Year123.65%
5 Year14.07%
10 Year-4.28%
15 YearN/A
Volatility
ATR(14)2.15
ATR(20)%2.66%
ATR Inc34.54%
Range Today1.28
ADR(20)2
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.08
Mansfield0.58
10 Day High79.06
10 Day Low68.93
20 Day High79.06
20 Day Low67.1
52 Week High89.39
52 Week Low41.67
CS1 End71.28
CR1 StartN/A
Volume & EV
DER(3)4.45%
DER(5)3.67%
Volume2.55M
Volume Incr81.04%
Vol(5)3.01M
Vol(50)2.17M