ZYNGA INC - CL A (ZNGA) Technical Analysis
NASDAQ:ZNGA • US98986T1088
Current stock price
ZNGA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ZNGA. ZNGA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, ZNGA is a bad performer in the overall market: 63% of all stocks are doing better.
- ZNGA has an average volume of 29845000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- ZNGA is an average performer in the Entertainment industry, it outperforms 60% of 79 stocks in the same industry.
- ZNGA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZNGA is lagging the market.
- In the last month ZNGA has a been trading in the 7.51 - 8.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ZNGA Weekly and Daily overview Charts
ZNGA Setup Rating and Analysis
ZNGA 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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ZNGA Support and Resistance Analysis
7.49
We found 3 important support areas.
- A support zone ranging from 7.90 to 8.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.73 from a trend line in the daily time frame.
- Support @7.57 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.39 to 8.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.85 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.15 to 9.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZNGA 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 ZNGA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZNGA is neutral. |
| ChartMill Relative Strength | 37.13 | NEUTRAL | ZNGA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZNGA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZNGA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ZNGA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.4 | NEUTRAL | The RSI value for ZNGA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ZNGA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.94 | NEUTRAL | The Stochastics value for ZNGA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.22 | MEDIUM VOLATILITY | The ATR as a percentage value for ZNGA suggests some volalility. |
ZNGA Chart- and CandleStick Pattern Analysis
ZNGA Technicals: Chart, Performance Metrics, Trend & Indicators
8.18
-0.17 (-2.04%)
ZYNGA INC - CL A / ZNGA TA FAQ
What is the technical rating for ZNGA stock?
ChartMill assigns a technical rating of 1 / 10 to ZNGA.
What is the trend direction for ZNGA stock?
The current trend direction for ZYNGA INC - CL A (ZNGA) is Bearish.
Can you provide the RSI signal for ZYNGA INC - CL A?
ZYNGA INC - CL A (ZNGA) has an RSI value of 45.3972. This indicates that the stock is currently neutral.
What is the short term momentum for ZYNGA INC - CL A (ZNGA) stock?
The short term momentum for ZYNGA INC - CL A (ZNGA) is neutral.
Can you provide the support and resistance levels for ZYNGA INC - CL A?
ZYNGA INC - CL A (ZNGA) has a support level at 8 and a resistance level at 8.39. Check the full technical report for our detailed analysis of ZNGA support and resistance levels.