ZEROFOX HOLDINGS INC (ZFOX) Stock Technical Analysis
USA - NASDAQ:ZFOX - US98955G1031 - Common Stock
Taking everything into account, ZFOX scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZFOX is showing a nice and steady performance.
ZFOX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.14, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
1.11
When analyzing the support we notice one important area.
- A support zone ranging from 1.12 to 1.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.15 to 1.15. 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 ZFOX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZFOX is up. |
| ChartMill Relative Strength | 82.14 | POSITIVE | ZFOX has a high relative strength, it outperformed 82.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZFOX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZFOX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ZFOX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.8 | NEUTRAL | The RSI value for ZFOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZFOX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for ZFOX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for ZFOX suggests low volalility. |
| Average Directional Index/ADX (14) | 82.02 | POSITIVE | The high ADX value value for ZFOX suggests a strong trend. |
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 |
|---|---|---|---|
| 1.16 | 1.12 | 0.04 (3.45%) | 25.00% |
| An entry @1.16. This is a Buy Stop order right above the resistance zone. | An exit @1.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 3.45%. | For a 0.86% 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.
1.14
+0.01 (+0.88%)
ZEROFOX HOLDINGS INC / ZFOX FAQ
What is the technical rating for ZFOX stock?
ChartMill assigns a technical rating of 8 / 10 to ZFOX.
What is the trend direction for ZFOX stock?
The current trend direction for ZEROFOX HOLDINGS INC (ZFOX) is Bullish.
What is the RSI signal for ZEROFOX HOLDINGS INC (ZFOX) stock?
ZEROFOX HOLDINGS INC (ZFOX) has an RSI value of 59.8. This indicates that the stock is currently neutral.
What is the buy/sell signal for ZFOX stock?
The buy/sell signal for ZEROFOX HOLDINGS INC (ZFOX) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for ZEROFOX HOLDINGS INC?
ZEROFOX HOLDINGS INC (ZFOX) has a support level at 1.14 and a resistance level at 1.15. Check the full technical report for our detailed analysis of ZFOX support and resistance levels.