ZILLOW GROUP INC - A (ZG) Stock Technical Analysis
NASDAQ:ZG • US98954M1018
Taking everything into account, ZG scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than ZG.
- ZG is one of the lesser performing stocks in the Real Estate Management & Development industry. 75% of 63 stocks in the same industry do better.
- ZG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ZG has a been trading in the 41.90 - 64.83 range, which is quite wide. It is currently trading near the lows of this range.
- ZG has an average volume of 1126510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZG has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
42.37
We found 1 important support area.
- A support zone ranging from 42.80 to 43.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- Resistance @46.53 from a horizontal line in the daily time frame.
- A resistance zone ranging from 62.64 to 63.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @66.35 from a trend line in the daily time frame.
- Resistance @69.93 from a horizontal line in the daily time frame.
- Resistance @71.87 from a horizontal line in the daily time frame.
- Resistance @84.46 from a horizontal line in the weekly 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 | 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 | 8.37 | NEGATIVE | ZG has a low relative strength, it was outperformed by 91.63% 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) | 31.42 | NEUTRAL | The RSI value for ZG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests ZG has a positive trend. |
| Stochastics (14,3) | 24.6 | NEUTRAL | The Stochastics value for ZG is a neutral value. |
| Average True Range in percent/ATR (20) | 6.48 | HIGH VOLATILITY | The high ATR as a percentage value for ZG suggests high volalility. |
| Average Directional Index/ADX (14) | 40.58 | POSITIVE | The high ADX value value for ZG suggests a strong trend. |
44.8
-1.72 (-3.7%)
ZILLOW GROUP INC - A / ZG FAQ
What is the technical rating for ZG stock?
ChartMill assigns a technical rating of 0 / 10 to ZG.
What is the current trend direction of ZILLOW GROUP INC - A (ZG) stock?
The current trend direction for ZILLOW GROUP INC - A (ZG) is Bearish.
Can you provide the RSI signal for ZILLOW GROUP INC - A?
ZILLOW GROUP INC - A (ZG) has an RSI value of 31.42. This indicates that the stock is currently neutral.
What is the MACD signal for ZILLOW GROUP INC - A (ZG) stock?
The MACD indicator for ZILLOW GROUP INC - A (ZG) has a value of 0.288809, indicating a bearish trend.
What is the short term momentum for ZG stock?
The short term momentum for ZILLOW GROUP INC - A (ZG) is negative.