Zuora Inc (ZUO) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:ZUO - US98983V1061 - Common Stock
Overall ZUO gets a technical rating of 7 out of 10. Although ZUO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although ZUO has an excellent technical rating, the quality of the presented setup is not ideal 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
8.70
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.86 to 9.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.09 from a trend line in the weekly time frame.
- Support @8.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Strong resistance @10.05 from a horizontal line in the daily time frame.
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 ZUO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZUO is up. |
| ChartMill Relative Strength | 77.05 | POSITIVE | ZUO has a high relative strength, it outperformed 77.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZUO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZUO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZUO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.68 | NEUTRAL | The RSI value for ZUO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZUO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.22 | NEUTRAL | The Stochastics value for ZUO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for ZUO suggests low volalility. |
| Average Directional Index/ADX (14) | 27.99 | POSITIVE | The high ADX value value for ZUO suggests a strong trend. |
10.02
+0.03 (+0.3%)
Zuora Inc / ZUO FAQ
What is the ChartMill technical rating of Zuora Inc (ZUO) stock?
ChartMill assigns a technical rating of 7 / 10 to ZUO.
What is the current trend direction of Zuora Inc (ZUO) stock?
The current trend direction for Zuora Inc (ZUO) is Bullish.
Can you provide the RSI signal for Zuora Inc?
Zuora Inc (ZUO) has an RSI value of 65.6761. This indicates that the stock is currently neutral.
What is the MACD signal for ZUO stock?
The MACD indicator for Zuora Inc (ZUO) has a value of -0.00169846, indicating a bearish trend.
What is the buy/sell signal for ZUO stock?
The buy/sell signal for Zuora Inc (ZUO) is buy as both the short term and long term trends are positive.