ZYNGA INC - CL A (ZNGA) Stock Technical Analysis
NASDAQ:ZNGA - Nasdaq - US98986T1088 - Common Stock
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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
ZNGA is part of the Entertainment industry. There are 72 other stocks in this industry, ZNGA did better than 47% of them.
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 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.
More info and screens
7.49
9.37
3 important support areas can be observed.
- 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.
3 important resistance areas can be observed.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.18
-0.17 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-2.04%
1 Week3.41%
2 Weeks1.24%
1 Month-8.09%
3 Month-7.47%
6 Month24.32%
12 Month-20.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%3.22%
ATR Inc10.33%
Range Today0.29
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.13
Mansfield0.85
10 Day High8.65
10 Day Low7.51
20 Day High8.88
20 Day Low7.51
52 Week High11.25
52 Week Low5.57
CS1 End8
CR1 Start8.39
Volume & EV
DER(3)-2.4%
DER(5)-2.6%
Volume227.70M
Volume Incr158.71%
Vol(5)77.32M
Vol(50)29.84M