ZENDESK INC (ZEN) Technical Analysis

NYSE:ZEN • US98936J1016

Current stock price

77.48 USD
+0.02 (+0.03%)
At close:
77.47 USD
-0.01 (-0.01%)
After Hours:

ZEN Technical Rating and Analysis

4

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

ZENDESK INC / ZEN Weekly stock chart
ZENDESK INC / ZEN Daily stock chart

ZEN Setup Rating and Analysis

3

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.

ZEN Support and Resistance Analysis

73.86

113.41

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ZEN is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ZEN is neutral.
ChartMill Relative Strength44.81NEUTRALZEN is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ZEN is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ZEN is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ZEN is below a declining SMA(200).
Relative Strength Index/RSI (14)63.11NEUTRALThe RSI value for ZEN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.11POSITIVEThe MACD value suggests ZEN has a positive trend.
Stochastics (14,3)90.05OVERBOUGHTThe high Stochastics value suggests ZEN may be overbought.
Average True Range in percent/ATR (20)0.66LOW VOLATILITYThe low ATR as a percentage value for ZEN suggests low volalility.
Average Directional Index/ADX (14)22.89NEUTRALThe ADX value for ZEN suggests a possible start of a new trend.

ZEN Chart- and CandleStick Pattern Analysis

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)

ZEN Technicals: Chart, Performance Metrics, Trend & Indicators

ZENDESK INC / ZEN Daily stock chart

ZENDESK INC

NYSE:ZEN (11/21/2022, 8:14:42 PM)

After market: 77.47 -0.01 (-0.01%)

77.48

+0.02 (+0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustrySoftware
Performance
% Chg0.03%
1 Week1.19%
2 Weeks1.95%
1 Month1.76%
3 Month1.24%
6 Month-21.76%
12 Month-17.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%0.66%
ATR Inc39.7%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.81
3 months CRSN/A
6 months CRSN/A
Mansfield-1.12
10 Day High77.49
10 Day Low74.31
20 Day High77.49
20 Day Low74.31
52 Week High130.83
52 Week Low54.16
CS1 End77.16
CR1 Start77.49
Volume & EV
DER(3)-6.09%
DER(5)-5.11%
Volume3.64M
Volume Incr117.44%
Vol(5)4.52M
Vol(50)2.39M

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.