ZG Technical Analysis - ZILLOW GROUP INC - A

Technical Rating and Analysis

We assign a technical rating of 2 out of 10 to ZG. 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.

In the last month ZG has a been trading in the 70.79 - 90.22 range, which is quite wide. It is currently trading near the lows of this range.

Looking at the yearly performance, ZG did better than 74% of all other stocks.

ZG is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 71% of 64 stocks in the same industry.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ZILLOW GROUP INC - A / ZG Weekly stock chart

ZILLOW GROUP INC - A / ZG Daily stock chart

Setup Rating and Analysis

ZG has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

62.45

87.40

2 important support areas can be observed.

A support zone ranging from 71.18 to 72.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @63.08 from a trend line in the weekly time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 77.95 to 78.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 84.46 to 84.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Resistance @86.53 from a horizontal line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for ZG is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ZG is down.
ChartMill Relative Strength	74.17	POSITIVE	ZG has a high relative strength, it outperformed 74.17% 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	MIXED	The current price of ZG is above a declining SMA(200).
Relative Strength Index/RSI (14)	41.09	NEUTRAL	The RSI value for ZG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-1.06	NEGATIVE	The MACD value suggests ZG has a negative trend, although the MACD value is rising.
Stochastics (14,3)	9.71	OVERSOLD	The low Stochastics value suggests ZG may be oversold.
Average True Range in percent/ATR (20)	4.21	MEDIUM VOLATILITY	The ATR as a percentage value for ZG suggests some volalility.
Average Directional Index/ADX (14)	20.96	NEUTRAL	The ADX value for ZG suggests a possible start of a new trend.