ZEBRA TECHNOLOGIES CORP-CL A (ZBRA) Stock Technical Analysis
NASDAQ:ZBRA - Nasdaq - US9892071054 - Common Stock - Currency: USD
Taking everything into account, ZBRA scores 8 out of 10 in our technical rating. Although ZBRA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 ZBRA is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
ZBRA is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, ZBRA did better than 51% 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.
In the last month ZBRA has a been trading in the 312.69 - 352.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ZBRA has an excellent technical rating, but the quality of the setup is only medium 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
225.70
344.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 330.12 to 338.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 316.08 to 319.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @227.98 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 341.37 to 341.37. 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 | UP | POSITIVE | The long term trend for ZBRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZBRA is up. |
| ChartMill Relative Strength | 77.48 | POSITIVE | ZBRA has a high relative strength, it outperformed 77.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZBRA is above the rising 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 | MIXED | The current price of ZBRA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.98 | NEUTRAL | The RSI value for ZBRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests ZBRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.67 | NEUTRAL | The Stochastics value for ZBRA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ZBRA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.38 | POSITIVE | The high ADX value value for ZBRA 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)
341.36
+6.12 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg1.83%
1 Week1.99%
2 Weeks3.95%
1 Month7.65%
3 Month27.99%
6 Month-6.08%
12 Month6.69%
2 Year24.13%
3 Year13.17%
5 Year19.14%
10 Year311.87%
15 Year1092.73%
Volatility
ATR(14)8.7
ATR(20)%2.58%
ATR Inc45.96%
Range Today5.39
ADR(20)8.28
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.48
Mansfield-0.54
10 Day High352.66
10 Day Low321.95
20 Day High352.66
20 Day Low312.69
52 Week High427.76
52 Week Low205.73
CS1 End338.69
CR1 Start341.37
Volume & EV
DER(3)-1.84%
DER(5)-1.53%
Volume1.03M
Volume Incr101.78%
Vol(5)792.96K
Vol(50)465.38K