ZIP Technical Analysis - ZIPRECRUITER INC-A

Technical Rating and Analysis

Taking everything into account, ZIP scores 1 out of 10 in our technical rating. ZIP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

93% of all other stocks performed better in the past year than ZIP.

ZIP is one of the lesser performing stocks in the Interactive Media & Services industry. 83% of 69 stocks in the same industry do better.

ZIP is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month ZIP has a been trading in the 4.38 - 5.49 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

ZIP has an average volume of 1196920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

ZIPRECRUITER INC-A / ZIP Weekly stock chart

ZIPRECRUITER INC-A / ZIP Daily stock chart

Setup Rating and Analysis

The technical rating of ZIP is bad and it also does not present a quality setup 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

4.53

6.33

When analyzing the support we notice one important area.

Support @4.58 from a horizontal line in the daily time frame.

We can see 5 important resistance areas.

A resistance zone ranging from 4.86 to 4.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @5.07 from a horizontal line in the weekly time frame.
A resistance zone ranging from 5.25 to 5.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
Resistance @5.42 from a trend line in the weekly time frame.
Resistance @6.27 from a horizontal line in the daily time frame.

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What is Support and Resistance

Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for ZIP is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for ZIP is down.
ChartMill Relative Strength	7.16	NEGATIVE	ZIP has a low relative strength, it was outperformed by 92.84% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of ZIP is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of ZIP is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of ZIP is below a declining SMA(200).
Relative Strength Index/RSI (14)	43.72	NEUTRAL	The RSI value for ZIP is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.07	NEGATIVE	The MACD value suggests ZIP has a negative trend.
Stochastics (14,3)	14.18	OVERSOLD	The low Stochastics value suggests ZIP may be oversold.
Average True Range in percent/ATR (20)	6.11	HIGH VOLATILITY	The high ATR as a percentage value for ZIP suggests high volalility.
Average Directional Index/ADX (14)	20.3	NEUTRAL	The ADX value for ZIP suggests a possible start of a new trend.