ZILLOW GROUP INC - A (ZG) Stock Technical Analysis
NASDAQ:ZG - Nasdaq - US98954M1018 - Common Stock - Currency: USD
Overall ZG gets a technical rating of 4 out of 10. Although ZG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that ZG is one of the better performing stocks in the market, outperforming 90% of all stocks.
ZG is part of the Real Estate Management & Development industry. There are 65 other stocks in this industry. ZG outperforms 89% of them.
In the last month ZG has a been trading in the 63.25 - 70.67 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ZG 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 ZG is lagging the market slightly.
Although the technical rating is only medium, ZG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
58.84
70.78
When analyzing the support we can see 3 important areas.
- Support @65.10 from a trend line in the daily time frame.
- Support @63.61 from a trend line in the weekly time frame.
- A support zone ranging from 59.43 to 61.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 65.94 to 67.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @68.76 from a horizontal line in the weekly time frame.
- Resistance @70.08 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for ZG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZG is neutral. |
| ChartMill Relative Strength | 90.76 | POSITIVE | ZG has a high relative strength, it outperformed 90.76% 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) | 47.69 | NEUTRAL | The RSI value for ZG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ZG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.56 | NEUTRAL | The Stochastics value for ZG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ZG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.87 | NEGATIVE | The low ADX value for ZG suggests a weak or negative 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)
65.54
-0.68 (-1.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.03%
1 Week1.74%
2 Weeks-2.54%
1 Month-0.67%
3 Month-11.9%
6 Month-19.61%
12 Month63.24%
2 Year46.33%
3 Year64.01%
5 Year13.08%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.88
ATR(20)%2.92%
ATR Inc-30.57%
Range Today2.14
ADR(20)1.7
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.76
Mansfield0
10 Day High69.17
10 Day Low63.25
20 Day High70.68
20 Day Low63.25
52 Week High86.58
52 Week Low39.83
CS1 End65.1
CR1 Start65.94
Volume & EV
DER(3)2.42%
DER(5)1.73%
Volume301.98K
Volume Incr4.58%
Vol(5)531.58K
Vol(50)535.33K