ZAYO GROUP HLDGS INC (ZAYO) Technical Analysis
NYSE:ZAYO
Current stock price
ZAYO Technical Rating and Analysis
Overall ZAYO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZAYO is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ZAYO is one of the better performing stocks in the market, outperforming 95% of all stocks.
- ZAYO is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ZAYO is leading the market.
- ZAYO has an average volume of 4031460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ZAYO has a been trading in a tight range between 34.85 and 35.01.
- Volume is considerably higher in the last couple of days.
ZAYO Weekly and Daily overview Charts
ZAYO Setup Rating and Analysis
Besides having an excellent technical rating, ZAYO also presents a decent setup pattern. 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 35.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZAYO in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ZAYO Support and Resistance Analysis
32.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 34.72 to 34.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.55 to 34.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @32.59 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 35.00 to 35.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZAYO 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 ZAYO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZAYO is up. |
| ChartMill Relative Strength | 95.06 | POSITIVE | ZAYO has a high relative strength, it outperformed 95.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZAYO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZAYO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZAYO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.2 | NEUTRAL | The RSI value for ZAYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZAYO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 79.17 | NEUTRAL | The Stochastics value for ZAYO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for ZAYO suggests low volalility. |
ZAYO Chart- and CandleStick Pattern Analysis
ZAYO 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 |
|---|---|---|---|
| 35.02 | 34.84 | 0.18 (0.51%) | 25.00% |
| An entry @35.02. This is a Buy Stop order right above the resistance zone. | An exit @34.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 0.51%. | For a 0.13% 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.
ZAYO Technicals: Chart, Performance Metrics, Trend & Indicators
34.99
+0.03 (+0.09%)
ZAYO GROUP HLDGS INC / ZAYO TA FAQ
What is the ChartMill technical rating of ZAYO GROUP HLDGS INC (ZAYO) stock?
ChartMill assigns a technical rating of 8 / 10 to ZAYO.
What is the current trend direction of ZAYO GROUP HLDGS INC (ZAYO) stock?
The current trend direction for ZAYO GROUP HLDGS INC (ZAYO) is Bullish.
Can you provide the RSI signal for ZAYO GROUP HLDGS INC?
ZAYO GROUP HLDGS INC (ZAYO) has an RSI value of 62.1975. This indicates that the stock is currently neutral.
What is the MACD signal for ZAYO stock?
The MACD indicator for ZAYO GROUP HLDGS INC (ZAYO) has a value of -0.00649928, indicating a bearish trend.
Can you provide the buy/sell signal for ZAYO GROUP HLDGS INC?
The buy/sell signal for ZAYO GROUP HLDGS INC (ZAYO) is buy as both the short term and long term trends are positive.