ZILLOW GROUP INC - A (ZG) Technical Analysis
NASDAQ:ZG • US98954M1018
Current stock price
ZG Technical Rating and Analysis
Overall ZG gets a technical rating of 0 out of 10. ZG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 93% of all other stocks performed better in the past year than ZG.
- ZG is part of the Real Estate Management & Development industry. There are 62 other stocks in this industry, of which 80% are performing better than ZG.
- ZG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ZG is lagging the market.
- ZG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ZG has an average volume of 1264840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZG Weekly and Daily overview Charts
ZG Setup Rating and Analysis
ZG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 40.40, a Stop Loss order could be placed below this zone.
More info and screens
ZG Support and Resistance Analysis
40.00
When analyzing the support we notice one important area.
- A support zone ranging from 40.40 to 40.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @40.81 from a horizontal line in the daily time frame.
- Resistance @44.12 from a trend line in the daily time frame.
- A resistance zone ranging from 45.72 to 45.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 58.21 to 58.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @84.46 from a horizontal line in the weekly time frame.
ZG 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ZG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZG is down. |
| ChartMill Relative Strength | 7.78 | NEGATIVE | ZG has a low relative strength, it was outperformed by 92.22% 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) | DOWN | NEGATIVE | The current price of ZG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.19 | NEUTRAL | The RSI value for ZG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ZG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 17.25 | OVERSOLD | The low Stochastics value suggests ZG may be oversold. |
| Average True Range in percent/ATR (20) | 5.44 | HIGH VOLATILITY | The high ATR as a percentage value for ZG suggests high volalility. |
| Average Directional Index/ADX (14) | 23.19 | NEUTRAL | The ADX value for ZG suggests a possible start of a new trend. |
ZG Chart- and CandleStick Pattern Analysis
ZG Technicals: Chart, Performance Metrics, Trend & Indicators
40.64
+0.17 (+0.42%)
ZILLOW GROUP INC - A / ZG TA FAQ
What is the technical rating for ZG stock?
ChartMill assigns a technical rating of 0 / 10 to ZG.
What is the trend direction for ZG stock?
The current trend direction for ZILLOW GROUP INC - A (ZG) is Bearish.
What is the RSI signal for ZG stock?
ZILLOW GROUP INC - A (ZG) has an RSI value of 37.1874. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZILLOW GROUP INC - A?
The MACD indicator for ZILLOW GROUP INC - A (ZG) has a value of 0.0714682, indicating a bearish trend.
What are the support and resistance levels for ZILLOW GROUP INC - A (ZG) stock?
ZILLOW GROUP INC - A (ZG) has a support level at 40.4 and a resistance level at 40.81. Check the full technical report for our detailed analysis of ZG support and resistance levels.