ZSCALER INC (ZS) Stock Technical Analysis
NASDAQ:ZS - Nasdaq - US98980G1022 - Common Stock - Currency: USD
Taking everything into account, ZS scores 5 out of 10 in our technical rating. Although ZS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Looking at the yearly performance, ZS did better than 83% of all other stocks. We also observe that the gains produced by ZS over the past year are nicely spread over this period.
ZS is one of the better performing stocks in the Software industry, it outperforms 78% of 285 stocks in the same industry.
In the last month ZS has a been trading in the 164.78 - 216.39 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 2367760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ZS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is only medium, ZS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 197.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 176.46, a Stop Loss order could be placed below this zone.
More info and screens
167.43
219.05
We found 2 important support areas.
- A support zone ranging from 174.66 to 176.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @169.12 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 197.09 to 204.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 210.96 to 212.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 216.87 to 216.88. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.2
Mansfield1.08
10 Day High206.8
10 Day Low174.79
20 Day High216.39
20 Day Low164.78
52 Week High217.84
52 Week Low153.45
Performance
1 Week-1.46%
2 Weeks9.14%
1 Month-6.36%
3 Month1.58%
6 Month6.25%
12 Month11%
2 Year118.11%
3 Year-3.07%
5 Year192.96%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.37
RSI(14)48.8
LBB174.73
UBB214.53
196.52
+2.82 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.46%
1 Week-1.46%
2 Weeks9.14%
1 Month-6.36%
3 Month1.58%
6 Month6.25%
12 Month11%
2 Year118.11%
3 Year-3.07%
5 Year192.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.07
ATR(20)%5.5%
ATR Inc-41.59%
Range Today4.34
ADR(20)9.75
ADR(20)%4.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.2
Mansfield1.08
10 Day High206.8
10 Day Low174.79
20 Day High216.39
20 Day Low164.78
52 Week High217.84
52 Week Low153.45
CS1 End176.46
CR1 Start197.09
Volume & EV
DER(3)1.93%
DER(5)1.92%
Volume1.45M
Volume Incr-38.73%
Vol(5)1.65M
Vol(50)2.37M