We assign a technical rating of 0 out of 10 to ZS. ZS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, ZS is a bad performer in the overall market: 81% of all stocks are doing better.
- ZS 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 ZS has a been trading in the 204.67 - 234.93 range, which is quite wide. It is currently trading near the lows of this range.
- ZS has an average volume of 1882270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- ZS is an average performer in the Software industry, it outperforms 64% of 277 stocks in the same industry.
Although the technical rating is bad, ZS does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 208.65, a Stop Loss order could be placed below this zone.
More info and screens
197.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 206.31 to 208.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @199.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @224.99 from a trend line in the daily time frame.
- Resistance @231.17 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 ZS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZS is down. |
| ChartMill Relative Strength | 19.12 | NEGATIVE | ZS has a low relative strength, it was outperformed by 80.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.08 | NEUTRAL | The RSI value for ZS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests ZS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.42 | OVERSOLD | The low Stochastics value suggests ZS may be oversold. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for ZS suggests some volalility. |
| Average Directional Index/ADX (14) | 43.05 | POSITIVE | The high ADX value value for ZS suggests a strong trend. |
208.66
+2.34 (+1.13%)
ZSCALER INC / ZS FAQ
Can you provide the ChartMill technical rating for ZSCALER INC?
ChartMill assigns a technical rating of 0 / 10 to ZS.
Can you provide the trend direction for ZSCALER INC?
The current trend direction for ZSCALER INC (ZS) is Bearish.
What is the RSI signal for ZSCALER INC (ZS) stock?
ZSCALER INC (ZS) has an RSI value of 31.0774. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZSCALER INC?
The MACD indicator for ZSCALER INC (ZS) has a value of 0.388014, indicating a bearish trend.
Can you provide the buy/sell signal for ZSCALER INC?
The buy/sell signal for ZSCALER INC (ZS) is sell as both the short term and long term trends are negative.