ZILLOW GROUP INC.
ZILLOW GROUP INC.
89.33 USD (-3.66%)
Closed 15 min delayed data - NASDAQ Stocks
Open: 91.65
Change: -3.39
Volume: 699,895
Low: 86.11
High: 92.39
High / Low range: 6.28
Type: Stocks
Ticker: ZG
ISIN:

ZILLOW GROUP INC. - Daily - Technical analysis published on 07/11/2019

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  • Timeframe : Daily
  • - Analysis generated on 2019-07-11 14:51:29
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 45.99 USD
My targets
50.69 USD (+3.68%)
58.60 USD (+19.86%)
My analysis
The bullish trend is currently very strong on ZILLOW GROUP INC.. As long as the price remains above the support at 45.99 USD, you could try to benefit from the boom. The first bullish objective is located at 50.69 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 58.60 USD as an objective. Crossing it would then enable buyers to target 65.21 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Complete this analysis for another time unit:
15 min. 1H Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial product so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this analysis. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

ZILLOW GROUP INC. rating 48.89 USD. The price is lower by -3.91% since the last closing and was traded between 48.83 USD and 50.69 USD over the period. The price is currently at +0.12% from its lowest and -3.55% from its highest.

48.83
50.69
48.89

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ZILLOW GROUP INC.:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of ZILLOW GROUP INC. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 37.07 43.71 45.99 48.89 50.69 58.60 65.21
Change (%) -24.18% -10.60% -5.93% - +3.68% +19.86% +33.38%
Change -11.82 -5.18 -2.90 - +1.80 +9.71 +16.32
Level Minor Major Major - Minor Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard48.9049.3450.1150.5551.3251.7652.53
Camarilla50.5550.6650.7750.8850.9951.1051.21
Woodie49.0749.4250.2850.6351.4951.8452.70
Fibonacci49.3449.8050.0950.5551.0151.3051.76


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard44.8645.5146.7147.3548.5549.2050.40
Camarilla47.4047.5747.7447.9148.0848.2548.42
Woodie45.1445.6546.9947.4948.8349.3450.68
Fibonacci45.5146.2146.6547.3548.0648.4949.20

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 63.04
MACD (12,26,9): 1.8700
Directional Movement: 16.16
AROON (14): 71.43
DEMA (21): 49.00
Parabolic SAR (0,02-0,02-0,2): 45.90
Elder Ray (13): 2.29
Super Trend (3,10): 45.98
Zig ZAG (10): 48.90
VORTEX (21): 1.0900
Stochastique (14,3,5): 91.22
TEMA (21): 49.46
Williams %R (14): -18.15
Chande Momentum Oscillator (20): 4.25
Repulse (5,40,3): 2.1200
ROCnROLL: 1
TRIX (15,9): 0.5400
Courbe Coppock: 16.88
MA7: 48.72
MA20: 46.25
MA50: 42.28
MA100: 39.55
MAexp7: 48.68
MAexp20: 46.57
MAexp50: 43.40
MAexp100: 40.95
Price / MA7: +0.35%
Price / MA20: +5.71%
Price / MA50: +15.63%
Price / MA100: +23.62%
Price / MAexp7: +0.43%
Price / MAexp20: +4.98%
Price / MAexp50: +12.65%
Price / MAexp100: +19.39%

News


Don"t forget to follow the news on ZILLOW GROUP INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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