ZILLOW GROUP INC - A (ZG) Stock Technical Analysis
USA - NASDAQ:ZG - US98954M1018 - Common Stock
84.34 USD
-1.41 (-1.64%)
84.34 USD
0 (0%)
Overall ZG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ZG did better than 86% of all other stocks. On top of that, ZG also shows a nice and consistent pattern of rising prices.
ZG is part of the Real Estate Management & Development industry. There are 63 other stocks in this industry. ZG outperforms 77% 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 76.50 - 88.45 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, ZG 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 a support zone below the current price at 83.00, 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
62.12
87.40
4 important support areas can be observed.
- A support zone ranging from 81.90 to 83.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 75.34 to 76.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @70.75 from a trend line in the weekly time frame.
- Support @62.75 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.78 to 86.53. 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 | 86.51 | POSITIVE | ZG has a high relative strength, it outperformed 86.51% 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) | 56.66 | NEUTRAL | The RSI value for ZG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ZG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.32 | NEUTRAL | The Stochastics value for ZG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for ZG suggests some volalility. |
| Average Directional Index/ADX (14) | 24.87 | NEUTRAL | The ADX value for ZG suggests a possible start of a new 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 |
|---|---|---|---|
| 86.54 | 81.89 | 4.65 (5.37%) | 18.61% |
| An entry @86.54. This is a Buy Stop order right above the resistance zone. | An exit @81.89. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.65 points, which is 5.37%. | When investing 18.61% 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.
84.34
-1.41 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-1.64%
1 Week-0.52%
2 Weeks2.26%
1 Month3.45%
3 Month22.09%
6 Month23.12%
12 Month45.82%
2 Year88.3%
3 Year194.59%
5 Year-16.94%
10 Year193.56%
15 YearN/A
Volatility
ATR(14)2.72
ATR(20)%3.21%
ATR Inc8.14%
Range Today1.26
ADR(20)2.48
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.51
Mansfield0.66
10 Day High88.45
10 Day Low78.35
20 Day High88.45
20 Day Low76.5
52 Week High88.45
52 Week Low55.08
CS1 End83
CR1 Start84.78
Volume & EV
DER(3)-1.48%
DER(5)-0.73%
Volume436.50K
Volume Incr17.23%
Vol(5)611.00K
Vol(50)562.42K