ZSCALER INC. - Daily - Technical analysis published on 11/01/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Strongly bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 49.88 USD
My targets
40.75 USD (-7.34%)
My analysis
The bearish trend is currently very strong for ZSCALER INC.. As long as the price remains below the resistance at 49.88 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 40.75 USD. The bearish momentum would be revived by a break in this support. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
FORCE
0
10
5.7
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This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ZSCALER INC. price is 43.98 USD. The price is lower by -2.61% since the last closing and was traded between 42.44 USD and 45.50 USD over the period. The price is currently at +3.63% from its lowest and -3.34% from its highest.42.44
45.50
43.98
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of ZSCALER INC. in Daily shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 7 are bullish, 6 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 40.75 | 43.98 | 49.88 | 62.43 | 71.02 |
| Change (%) | -7.34% | - | +13.42% | +41.95% | +61.48% |
| Change | -3.23 | - | +5.90 | +18.45 | +27.04 |
| Level | Major | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.03 | 41.23 | 43.19 | 44.39 | 46.35 | 47.55 | 49.51 |
| Camarilla | 44.29 | 44.58 | 44.87 | 45.16 | 45.45 | 45.74 | 46.03 |
| Woodie | 40.42 | 41.42 | 43.58 | 44.58 | 46.74 | 47.74 | 49.90 |
| Fibonacci | 41.23 | 42.43 | 43.18 | 44.39 | 45.59 | 46.34 | 47.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 37.39 | 38.72 | 40.79 | 42.12 | 44.19 | 45.52 | 47.59 |
| Camarilla | 41.93 | 42.24 | 42.55 | 42.86 | 43.17 | 43.48 | 43.80 |
| Woodie | 37.76 | 38.91 | 41.16 | 42.31 | 44.56 | 45.71 | 47.96 |
| Fibonacci | 38.72 | 40.02 | 40.82 | 42.12 | 43.42 | 44.22 | 45.52 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 16.32 | 31.18 | 39.22 | 54.08 | 62.12 | 76.98 | 85.02 |
| Camarilla | 40.96 | 43.06 | 45.16 | 47.26 | 49.36 | 51.46 | 53.56 |
| Woodie | 12.91 | 29.48 | 35.81 | 52.38 | 58.71 | 75.28 | 81.61 |
| Fibonacci | 31.18 | 39.93 | 45.33 | 54.08 | 62.83 | 68.23 | 76.98 |
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): | 40.74 | |
| MACD (12,26,9): | -2.6100 | |
| Directional Movement: | -10.01 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 41.29 | |
| Parabolic SAR (0,02-0,02-0,2): | 40.35 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 47.41 | |
| Zig ZAG (10): | 43.98 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 47.55 | |
| TEMA (21): | 42.80 | |
| Williams %R (14): | -52.25 | |
| Chande Momentum Oscillator (20): | -2.40 | |
| Repulse (5,40,3): | 1.2000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.9200 | |
| Courbe Coppock: | 18.66 |
| MA7: | 43.14 | |
| MA20: | 45.10 | |
| MA50: | 52.38 | |
| MA100: | 66.58 | |
| MAexp7: | 43.63 | |
| MAexp20: | 45.25 | |
| MAexp50: | 52.38 | |
| MAexp100: | 59.01 | |
| Price / MA7: | +1.95% | |
| Price / MA20: | -2.48% | |
| Price / MA50: | -16.04% | |
| Price / MA100: | -33.94% | |
| Price / MAexp7: | +0.80% | |
| Price / MAexp20: | -2.81% | |
| Price / MAexp50: | -16.04% | |
| Price / MAexp100: | -25.47% |
News
The last news published on ZSCALER INC. at the time of the generation of this analysis was as follows:
- Zscaler Names Dali Rajic as President Go-To-Market and Chief Revenue Officer
- Zscaler Reports Fourth Quarter and Fiscal 2019 Financial Results
- Zscaler to Webcast Analyst Day on Tuesday, September 17, 2019
- Zscaler to Host Fourth Quarter and Fiscal Year 2019 Earnings Conference Call
- Zscaler Reports Third Quarter Fiscal 2019 Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
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