ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) Stock Technical Analysis
NASDAQ:ZBRA - Nasdaq - US9892071054 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to ZBRA. In the past year, ZBRA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
ZBRA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When compared to the yearly performance of all other stocks, ZBRA outperforms 50% of them, which is more or less in line with the market.
ZBRA is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, ZBRA did better than 45% of them.
ZBRA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZBRA is lagging the market.
ZBRA has only a medium technical rating, but it does show 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 300.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 286.37, a Stop Loss order could be placed below this zone.
More info and screens
223.72
305.41
We found 2 important support areas.
- A support zone ranging from 284.20 to 286.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @225.98 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 300.63 to 302.39. 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 ZBRA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZBRA is up. |
| ChartMill Relative Strength | 50.59 | NEUTRAL | ZBRA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZBRA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZBRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZBRA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.96 | NEUTRAL | The RSI value for ZBRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests ZBRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 90.12 | OVERBOUGHT | The high Stochastics value suggests ZBRA may be overbought. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for ZBRA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for ZBRA suggests a possible start of a new 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)
299.56
+0.93 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.31%
1 Week2.59%
2 Weeks1.54%
1 Month-0.18%
3 Month7.38%
6 Month-25.78%
12 Month-0.6%
2 Year1.26%
3 Year1.91%
5 Year17.04%
10 Year169.75%
15 Year1080.76%
Volatility
ATR(14)7.2
ATR(20)%2.21%
ATR Inc-32.36%
Range Today4.48
ADR(20)5.84
ADR(20)%1.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.59
Mansfield-1.46
10 Day High300.67
10 Day Low282.03
20 Day High305.29
20 Day Low278.51
52 Week High427.76
52 Week Low205.73
CS1 End286.37
CR1 Start300.63
Volume & EV
DER(3)0.93%
DER(5)0.72%
Volume398.40K
Volume Incr-37.06%
Vol(5)372.22K
Vol(50)671.41K