ZIPRECRUITER INC-A (ZIP) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ZIP - US98980B1035 - Common Stock
Overall ZIP gets a technical rating of 0 out of 10. ZIP'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.
- 97% of all other stocks performed better in the past year than ZIP.
- ZIP is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, of which 84% are performing better than ZIP.
- ZIP is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month ZIP has a been trading in the 2.38 - 4.00 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 1027080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
2.38
We can see 3 important resistance areas.
- Resistance @4.63 from a trend line in the weekly time frame.
- Resistance @5.36 from a horizontal line in the daily time frame.
- Resistance @5.65 from a horizontal line in the daily 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 ZIP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZIP is down. |
| ChartMill Relative Strength | 3.95 | NEGATIVE | ZIP has a low relative strength, it was outperformed by 96.05% 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) | 21.62 | OVERSOLD | The low RSI value suggests ZIP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZIP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.76 | OVERSOLD | The low Stochastics value suggests ZIP may be oversold. |
| Average True Range in percent/ATR (20) | 8.16 | HIGH VOLATILITY | The high ATR as a percentage value for ZIP suggests high volalility. |
| Average Directional Index/ADX (14) | 51.45 | POSITIVE | The high ADX value value for ZIP suggests a strong trend. |
2.4
-0.03 (-1.23%)
ZIPRECRUITER INC-A / ZIP FAQ
What is the ChartMill technical rating of ZIPRECRUITER INC-A (ZIP) stock?
ChartMill assigns a technical rating of 0 / 10 to ZIP.
What is the trend direction for ZIP stock?
The current trend direction for ZIPRECRUITER INC-A (ZIP) is Bearish.
Can you provide the RSI signal for ZIPRECRUITER INC-A?
ZIPRECRUITER INC-A (ZIP) has an RSI value of 21.6249. This indicates that the stock is currently oversold.
Can you provide the MACD signal for ZIPRECRUITER INC-A?
The MACD indicator for ZIPRECRUITER INC-A (ZIP) has a value of -0.0166372, indicating a bearish trend.
What is the support and resistance level for ZIP stock?
ZIPRECRUITER INC-A (ZIP) has a resistance level at 4.63. Check the full technical report for our detailed analysis of ZIP support and resistance levels.