ZSCALER INC (ZS) Technical Analysis
NASDAQ:ZS • US98980G1022
Current stock price
ZS Technical Rating and Analysis
Taking everything into account, ZS scores 0 out of 10 in our technical rating. 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.
- 89% of all other stocks performed better in the past year than ZS.
- ZS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ZS is lagging the market.
- In the last month ZS has a been trading in the 140.56 - 172.65 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- ZS has an average volume of 2715790 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 43% of 277 stocks in the same industry.
ZS Weekly and Daily overview Charts
ZS Setup Rating and Analysis
Although the technical rating is bad, ZS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for ZS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ZS Support and Resistance Analysis
151.99
When analyzing the support we notice one important area.
- Support @153.53 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 156.86 to 157.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @177.73 from a horizontal line in the daily time frame.
- Resistance @193.70 from a trend line in the daily time frame.
ZS 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 ZS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZS is down. |
| ChartMill Relative Strength | 11.45 | NEGATIVE | ZS has a low relative strength, it was outperformed by 88.55% 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) | DOWN | NEGATIVE | The current price of ZS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.12 | NEUTRAL | The RSI value for ZS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.77 | POSITIVE | The MACD value suggests ZS has a positive trend. |
| Stochastics (14,3) | 51.51 | NEUTRAL | The Stochastics value for ZS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.04 | HIGH VOLATILITY | The high ATR as a percentage value for ZS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.5 | POSITIVE | The high ADX value value for ZS suggests a strong trend. |
ZS Chart- and CandleStick Pattern Analysis
ZS Technicals: Chart, Performance Metrics, Trend & Indicators
156
+2.31 (+1.5%)
ZSCALER INC / ZS TA 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 42.1247. 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 1.77434, indicating a bullish 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.