ZILLOW GROUP INC - A (ZG) Stock Technical Analysis
NASDAQ:ZG - Nasdaq - US98954M1018 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ZG. Both in the recent history as in the last year, ZG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, ZG did better than 89% of all other stocks. We also observe that the gains produced by ZG over the past year are nicely spread over this period.
ZG is part of the Real Estate Management & Development industry. There are 64 other stocks in this industry. ZG outperforms 84% of them.
ZG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZG is lagging the market slightly.
In the last month ZG has a been trading in the 73.64 - 84.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 78.81, a Stop Loss order could be placed below this zone.
More info and screens
61.68
82.08
When analyzing the support we can see 4 important areas.
- A support zone ranging from 76.12 to 78.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 72.00 to 73.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @68.85 from a trend line in the weekly time frame.
- A support zone ranging from 62.30 to 62.83. 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 ZG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZG is up. |
| ChartMill Relative Strength | 89.28 | POSITIVE | ZG has a high relative strength, it outperformed 89.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.6 | NEUTRAL | The RSI value for ZG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests ZG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.97 | NEUTRAL | The Stochastics value for ZG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for ZG suggests some volalility. |
| Average Directional Index/ADX (14) | 35.01 | POSITIVE | The high ADX value value for ZG suggests a strong 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)
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 |
|---|---|---|---|
| 84.31 | 76.11 | 8.20 (9.73%) | 10.28% |
| An entry @84.31. This is a Buy Stop order right above the 10 day high. | An exit @76.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.20 points, which is 9.73%. | When investing 10.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
81.27
+4.24 (+5.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg5.5%
1 Week-0.29%
2 Weeks6.4%
1 Month9.59%
3 Month18.19%
6 Month5.7%
12 Month57.07%
2 Year59.6%
3 Year143.32%
5 Year-4.7%
10 Year220.21%
15 YearN/A
Volatility
ATR(14)2.74
ATR(20)%3.05%
ATR Inc19.6%
Range Today4.28
ADR(20)2.38
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.28
Mansfield0.68
10 Day High84.3
10 Day Low75.11
20 Day High84.3
20 Day Low73.64
52 Week High86.58
52 Week Low51.16
CS1 End78.81
CR1 StartN/A
Volume & EV
DER(3)-0.17%
DER(5)0.8%
Volume717.40K
Volume Incr26.8%
Vol(5)698.92K
Vol(50)531.26K