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'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ZS is a bad performer in the overall market: 91% of all stocks are doing better.
- ZS is one of the lesser performing stocks in the Software industry. 64% of 275 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. The S&P500 Index is trading in the upper part of its 52 week range, so ZS is lagging the market.
- ZS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ZS has an average volume of 2944370 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
The technical rating of ZS is bad and it also does not present a quality setup 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
ZS Support and Resistance Analysis
138.12
When analyzing the resistance we notice 3 important areas.
- Resistance @144.55 from a trend line in the daily time frame.
- Resistance @156.01 from a horizontal line in the daily time frame.
- Resistance @183.76 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 | 9.62 | NEGATIVE | ZS has a low relative strength, it was outperformed by 90.38% 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) | 38.39 | NEUTRAL | The RSI value for ZS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests ZS has a positive trend. |
| Stochastics (14,3) | 30.24 | NEUTRAL | The Stochastics value for ZS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for ZS suggests high volalility. |
| Average Directional Index/ADX (14) | 32.73 | 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
139.52
+0.96 (+0.69%)
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 38.3919. 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 144.55. Check the full technical report for our detailed analysis of ZS support and resistance levels.