ZSCALER INC (ZS) Technical Analysis
NASDAQ:ZS • US98980G1022
Current stock price
ZS Technical Rating and Analysis
Overall ZS gets a technical rating of 0 out of 10. 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: 93% of all stocks are doing better.
- ZS is part of the Software industry. There are 271 other stocks in this industry, of which 71% are performing better than ZS.
- ZS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ZS has a been trading in the 114.63 - 161.90 range, which is quite wide. It is currently trading near the lows of this range.
- ZS has an average volume of 3228130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
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
129.31
When analyzing the support we notice one important area.
- Support @130.62 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 135.98 to 137.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @142.10 from a horizontal 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 | 7.73 | NEGATIVE | ZS has a low relative strength, it was outperformed by 92.27% 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) | 41.18 | NEUTRAL | The RSI value for ZS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ZS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.14 | NEUTRAL | The Stochastics value for ZS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.09 | HIGH VOLATILITY | The high ATR as a percentage value for ZS suggests high volalility. |
| Average Directional Index/ADX (14) | 30.25 | 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
131.01
+8.33 (+6.79%)
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 41.1843. 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 support level at 130.62 and a resistance level at 135.98. Check the full technical report for our detailed analysis of ZS support and resistance levels.