ZSCALER INC (ZS) Technical Analysis
NASDAQ:ZS • US98980G1022
Current stock price
ZS Technical Rating and Analysis
Taking everything into account, ZS scores 1 out of 10 in our technical rating. ZS'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.
- When comparing the yearly performance of all stocks, ZS is a bad performer in the overall market: 93% of all stocks are doing better.
- ZS is one of the lesser performing stocks in the Software industry. 72% of 272 stocks in the same industry do better.
- ZS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ZS has a been trading in the 114.63 - 150.50 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 3159640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZS Weekly and Daily overview Charts
ZS Setup Rating and Analysis
ZS has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
ZS Support and Resistance Analysis
132.77
We can see 2 important resistance areas.
- A resistance zone ranging from 134.24 to 137.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 142.09 to 142.67. This zone is formed by a combination of multiple trend lines 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 | 7.42 | NEGATIVE | ZS has a low relative strength, it was outperformed by 92.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZS is above the rising 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) | 45.29 | NEUTRAL | The RSI value for ZS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.74 | POSITIVE | The MACD value suggests ZS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.55 | NEUTRAL | The Stochastics value for ZS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.6 | HIGH VOLATILITY | The high ATR as a percentage value for ZS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.85 | NEGATIVE | The low ADX value for ZS suggests a weak or negative trend. |
ZS Chart- and CandleStick Pattern Analysis
ZS Technicals: Chart, Performance Metrics, Trend & Indicators
134.11
-1.39 (-1.03%)
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.
Can you provide the RSI signal for ZSCALER INC?
ZSCALER INC (ZS) has an RSI value of 45.2862. This indicates that the stock is currently neutral.
What is the short term momentum for ZS stock?
The short term momentum for ZSCALER INC (ZS) is negative.
What is the support and resistance level for ZS stock?
ZSCALER INC (ZS) has a resistance level at 142.67. Check the full technical report for our detailed analysis of ZS support and resistance levels.