ZILLOW GROUP INC.
ZILLOW GROUP INC.
92.72 USD (+2.70%)
Closed 15 min delayed data - NASDAQ Stocks
Open: 91.29
Change: +2.44
Volume: 881,811
Low: 90.68
High: 93.80
High / Low range: 3.12
Type: Stocks
Ticker: ZG
ISIN:

ZILLOW GROUP INC. - Daily - Technical analysis published on 11/14/2019

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  • Timeframe : Daily
  • - Analysis generated on 2019-11-14 09:07:41
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 37.48 USD
My targets
39.94 USD (+5.30%)
43.71 USD (+15.24%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ZILLOW GROUP INC. as long as the price remains well above 37.48 USD. The buyers” bullish objective is set at 39.94 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 43.71 USD. If there is any crossing, the next objective would be the resistance located at 46.60 USD.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
FORCE
0
10
6.3

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

The ZILLOW GROUP INC. rating is 37.93 USD. On the day, this instrument gained +0.61% and was between 37.28 USD and 38.11 USD. This implies that the price is at +1.74% from its lowest and at -0.47% from its highest.

37.28
38.11
37.93

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of ZILLOW GROUP INC. indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. The overall trend is reinforced 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, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



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

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 31.95 33.88 37.48 37.93 39.94 43.71 46.60
Change (%) -15.77% -10.68% -1.19% - +5.30% +15.24% +22.86%
Change -5.98 -4.05 -0.45 - +2.01 +5.78 +8.67
Level Major Major Intermediate - Intermediate 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
Standard36.1636.7537.2337.8238.3038.8939.37
Camarilla37.4137.5037.6037.7037.8037.9037.99
Woodie36.1036.7237.1737.7938.2438.8639.31
Fibonacci36.7537.1637.4237.8238.2338.4938.89


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard28.3030.6534.0436.3939.7842.1345.52
Camarilla35.8536.3836.9037.4337.9638.4839.01
Woodie28.8230.9134.5636.6540.3042.3946.04
Fibonacci30.6532.8434.2036.3938.5839.9442.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.8825.0028.6931.8135.5138.6342.32
Camarilla30.5231.1431.7732.3933.0233.6434.26
Woodie22.1725.1428.9831.9635.8038.7742.61
Fibonacci25.0027.6029.2131.8134.4236.0238.63

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): 69.95
MACD (12,26,9): 1.5100
Directional Movement: 24.34
AROON (14): 50.00
DEMA (21): 36.13
Parabolic SAR (0,02-0,02-0,2): 32.77
Elder Ray (13): 2.38
Super Trend (3,10): 33.49
Zig ZAG (10): 37.93
VORTEX (21): 1.2000
Stochastique (14,3,5): 89.22
TEMA (21): 37.66
Williams %R (14): -12.78
Chande Momentum Oscillator (20): 3.42
Repulse (5,40,3): 2.4200
ROCnROLL: 1
TRIX (15,9): 0.4800
Courbe Coppock: 21.12
MA7: 36.03
MA20: 34.11
MA50: 31.90
MA100: 37.49
MAexp7: 36.51
MAexp20: 34.42
MAexp50: 33.88
MAexp100: 35.32
Price / MA7: +5.27%
Price / MA20: +11.20%
Price / MA50: +18.90%
Price / MA100: +1.17%
Price / MAexp7: +3.89%
Price / MAexp20: +10.20%
Price / MAexp50: +11.95%
Price / MAexp100: +7.39%

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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