Taking everything into account, ZG scores 0 out of 10 in our technical rating. ZG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are 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.
- 79% of all other stocks performed better in the past year than ZG.
- In the last month ZG has a been trading in the 63.50 - 71.13 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ZG is part of the Real Estate Management & Development industry. There are 62 other stocks in this industry, ZG did better than 45% of them.
- ZG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZG is lagging the market.
Although the technical rating is bad, ZG does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 68.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 67.21, a Stop Loss order could be placed below this zone.
More info and screens
63.62
When analyzing the support we notice one important area.
- A support zone ranging from 64.26 to 67.21. 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 4 important areas.
- A resistance zone ranging from 68.91 to 70.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 71.87 to 72.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 73.88 to 74.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @84.46 from a horizontal line in the weekly time frame.
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 ZG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZG is neutral. |
| ChartMill Relative Strength | 21.08 | NEGATIVE | ZG has a low relative strength, it was outperformed by 78.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.56 | NEUTRAL | The RSI value for ZG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ZG has a positive trend. |
| Stochastics (14,3) | 40.93 | NEUTRAL | The Stochastics value for ZG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ZG suggests some volalility. |
| Average Directional Index/ADX (14) | 11.18 | NEGATIVE | The low ADX value for ZG suggests a weak or negative trend. |
67.335
-0.61 (-0.9%)
ZILLOW GROUP INC - A / ZG FAQ
What is the technical rating for ZG stock?
ChartMill assigns a technical rating of 0 / 10 to ZG.
What is the current trend direction of ZILLOW GROUP INC - A (ZG) stock?
The current trend direction for ZILLOW GROUP INC - A (ZG) is Bearish.
Can you provide the RSI signal for ZILLOW GROUP INC - A?
ZILLOW GROUP INC - A (ZG) has an RSI value of 48.5614. This indicates that the stock is currently neutral.
What is the MACD signal for ZILLOW GROUP INC - A (ZG) stock?
The MACD indicator for ZILLOW GROUP INC - A (ZG) has a value of 0.0895258, indicating a bearish trend.
What is the short term momentum for ZG stock?
The short term momentum for ZILLOW GROUP INC - A (ZG) is neutral.