ZENDESK INC (ZEN) Technical Analysis
NYSE:ZEN • US98936J1016
Current stock price
ZEN Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to ZEN. ZEN has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- ZEN is part of the Software industry. There are 275 other stocks in this industry. ZEN outperforms 76% of them.
- ZEN has an average volume of 2386300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ZEN outperforms 44% of them, which is more or less in line with the market.
- ZEN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZEN is lagging the market slightly.
- In the last month ZEN has a been trading in a tight range between 74.31 and 77.49.
- Volume is considerably higher in the last couple of days.
ZEN Weekly and Daily overview Charts
ZEN Setup Rating and Analysis
ZEN has an average technical rating and it also does not offer a high quality setup 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
ZEN Support and Resistance Analysis
73.86
We found 1 important support area.
- A support zone ranging from 74.61 to 77.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 77.49 to 77.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @106.87 from a trend line in the weekly time frame.
- Resistance @112.29 from a trend line in the weekly time frame.
ZEN 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 | DOWN | NEGATIVE | The long term trend for ZEN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZEN is neutral. |
| ChartMill Relative Strength | 44.81 | NEUTRAL | ZEN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.11 | NEUTRAL | The RSI value for ZEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ZEN has a positive trend. |
| Stochastics (14,3) | 90.05 | OVERBOUGHT | The high Stochastics value suggests ZEN may be overbought. |
| Average True Range in percent/ATR (20) | 0.66 | LOW VOLATILITY | The low ATR as a percentage value for ZEN suggests low volalility. |
| Average Directional Index/ADX (14) | 22.89 | NEUTRAL | The ADX value for ZEN suggests a possible start of a new trend. |
ZEN Chart- and CandleStick Pattern Analysis
ZEN Technicals: Chart, Performance Metrics, Trend & Indicators
77.48
+0.02 (+0.03%)
ZENDESK INC / ZEN TA FAQ
Can you provide the ChartMill technical rating for ZENDESK INC?
ChartMill assigns a technical rating of 4 / 10 to ZEN.
What is the current trend direction of ZENDESK INC (ZEN) stock?
The current trend direction for ZENDESK INC (ZEN) is Bearish.
What is the RSI signal for ZEN stock?
ZENDESK INC (ZEN) has an RSI value of 63.1057. This indicates that the stock is currently neutral.
What is the MACD signal for ZEN stock?
The MACD indicator for ZENDESK INC (ZEN) has a value of 0.109983, indicating a bearish trend.