Zagg Inc (ZAGG) Technical Analysis
NASDAQ:ZAGG
Current stock price
ZAGG Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ZAGG. Although ZAGG is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- 96% of all other stocks performed better in the past year than ZAGG.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month ZAGG has a been trading in the 4.11 - 4.43 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- ZAGG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZAGG is lagging the market.
- Volume is considerably higher in the last couple of days.
ZAGG Weekly and Daily overview Charts
ZAGG Setup Rating and Analysis
Although ZAGG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ZAGG Support and Resistance Analysis
2.72
We found 4 important support areas.
- A support zone ranging from 4.10 to 4.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.00 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.86 from a horizontal line in the weekly time frame.
- Support @2.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.30 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZAGG 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 | UP | POSITIVE | The long term trend for ZAGG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZAGG is up. |
| ChartMill Relative Strength | 4.78 | NEGATIVE | ZAGG has a low relative strength, it was outperformed by 95.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZAGG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZAGG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZAGG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.75 | NEUTRAL | The RSI value for ZAGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZAGG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.68 | NEUTRAL | The Stochastics value for ZAGG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for ZAGG suggests low volalility. |
ZAGG Chart- and CandleStick Pattern Analysis
ZAGG Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.31 | 4.17 | 0.14 (3.25%) | 25.00% |
| An entry @4.31. This is a Buy Stop order right above the resistance zone. | An exit @4.17. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 3.25%. | For a 0.81% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ZAGG Technicals: Chart, Performance Metrics, Trend & Indicators
4.29
+0.03 (+0.7%)
Zagg Inc / ZAGG TA FAQ
What is the ChartMill technical rating of Zagg Inc (ZAGG) stock?
ChartMill assigns a technical rating of 7 / 10 to ZAGG.
Can you provide the trend direction for Zagg Inc?
The current trend direction for Zagg Inc (ZAGG) is Bullish.
What is the RSI signal for ZAGG stock?
Zagg Inc (ZAGG) has an RSI value of 61.7457. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Zagg Inc?
The MACD indicator for Zagg Inc (ZAGG) has a value of -0.00130633, indicating a bearish trend.
Can you provide the support and resistance levels for Zagg Inc?
Zagg Inc (ZAGG) has a support level at 4.25 and a resistance level at 4.3. Check the full technical report for our detailed analysis of ZAGG support and resistance levels.