ZUMIEZ INC (ZUMZ) Stock Technical Analysis
USA - NASDAQ:ZUMZ - US9898171015 - Common Stock
Taking everything into account, ZUMZ scores 9 out of 10 in our technical rating. 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.
Besides having an excellent technical rating, ZUMZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 22.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.56, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZUMZ 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
16.21
We found 4 important support areas.
- A support zone ranging from 21.53 to 21.56. 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 20.57 to 20.84. 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.
- Support @16.37 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.63 to 22.63. 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 | 85.86 | POSITIVE | ZUMZ has a high relative strength, it outperformed 85.86% 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) | 55.48 | NEUTRAL | The RSI value for ZUMZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ZUMZ has a negative trend. |
| Stochastics (14,3) | 50.07 | NEUTRAL | The Stochastics value for ZUMZ is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for ZUMZ suggests some volalility. |
| Average Directional Index/ADX (14) | 26.89 | 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 |
|---|---|---|---|
| 22.64 | 21.52 | 1.12 (4.95%) | 20.21% |
| An entry @22.64. This is a Buy Stop order right above the resistance zone. | An exit @21.52. 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 4.95%. | When investing 20.21% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
21.71
+0.11 (+0.51%)
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 55.4762. 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 21.56 and a resistance level at 22.63. Check the full technical report for our detailed analysis of ZUMZ support and resistance levels.