ZUMIEZ INC (ZUMZ) Stock Technical Analysis
USA - NASDAQ:ZUMZ - US9898171015 - Common Stock
Overall ZUMZ gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZUMZ is showing a nice and steady performance.
ZUMZ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.16, a Stop Loss order could be placed below this zone.
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18.97
We found 3 important support areas.
- A support zone ranging from 21.99 to 22.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.99 to 21.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.16 to 19.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.31 to 23.09. 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 | UP | POSITIVE | The long term trend for ZUMZ is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZUMZ is up. |
| ChartMill Relative Strength | 86.41 | POSITIVE | ZUMZ has a high relative strength, it outperformed 86.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZUMZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZUMZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZUMZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.72 | NEUTRAL | The RSI value for ZUMZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZUMZ has a negative trend. |
| Stochastics (14,3) | 72.74 | NEUTRAL | The Stochastics value for ZUMZ is a neutral value. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for ZUMZ suggests some volalility. |
| Average Directional Index/ADX (14) | 29.39 | POSITIVE | The high ADX value value for ZUMZ suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.10 | 21.98 | 1.12 (4.85%) | 20.62% |
| An entry @23.10. This is a Buy Stop order right above the resistance zone. | An exit @21.98. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.12 points, which is 4.85%. | For a 1.00% total portfolio risk, you can invest 20.62% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ZUMZ. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
22.3
-0.4 (-1.76%)
ZUMIEZ INC / ZUMZ FAQ
What is the technical rating for ZUMZ stock?
ChartMill assigns a technical rating of 9 / 10 to ZUMZ.
Can you provide the trend direction for ZUMIEZ INC?
The current trend direction for ZUMIEZ INC (ZUMZ) is Bullish.
What is the RSI signal for ZUMIEZ INC (ZUMZ) stock?
ZUMIEZ INC (ZUMZ) has an RSI value of 56.7195. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ZUMIEZ INC?
The buy/sell signal for ZUMIEZ INC (ZUMZ) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ZUMZ stock?
ZUMIEZ INC (ZUMZ) has a support level at 22.16 and a resistance level at 22.31. Check the full technical report for our detailed analysis of ZUMZ support and resistance levels.