ZILLOW GROUP INC. - Daily - Technical analysis published on 07/15/2020 (GMT)
- Who voted?
- 254
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
17%
44%
39%
My opinion
Neutral between 55.62 USD and 64.14 USD
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 64.14 USD. The first support is located at 55.62 USD. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever 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 instrument 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 content. 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.
This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ZILLOW GROUP INC. rating 59.08 USD. On the day, this instrument gained +2.13% with the lowest point at 57.05 USD and the highest point at 59.70 USD. The deviation from the price is +3.56% for the low point and -1.04% for the high point.57.05
59.70
59.08
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of ZILLOW GROUP INC. indicates that the overall trend is slightly bullish. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : Daily
Moving Average bearish crossovers : AMA20 & AMA50
Type : Bearish
Timeframe : Daily
In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bearish reversal
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near support of channel
Type : Bullish
Timeframe : Daily
Near support of triangle
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 49.99 | 55.62 | 58.64 | 59.08 | 65.19 |
| Change (%) | -15.39% | -5.86% | -0.74% | - | +10.34% |
| Change | -9.09 | -3.46 | -0.44 | - | +6.11 |
| Level | Major | Major | Intermediate | - | Major |
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 |
|---|---|---|---|---|---|---|---|
| Standard | 53.16 | 54.74 | 56.29 | 57.87 | 59.42 | 61.00 | 62.55 |
| Camarilla | 56.99 | 57.28 | 57.56 | 57.85 | 58.14 | 58.42 | 58.71 |
| Woodie | 53.16 | 54.73 | 56.29 | 57.86 | 59.42 | 60.99 | 62.55 |
| Fibonacci | 54.74 | 55.93 | 56.67 | 57.87 | 59.06 | 59.80 | 61.00 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 53.78 | 57.15 | 59.70 | 63.07 | 65.62 | 68.99 | 71.54 |
| Camarilla | 60.62 | 61.17 | 61.71 | 62.25 | 62.79 | 63.34 | 63.88 |
| Woodie | 53.37 | 56.95 | 59.29 | 62.87 | 65.21 | 68.79 | 71.13 |
| Fibonacci | 57.15 | 59.41 | 60.81 | 63.07 | 65.33 | 66.73 | 68.99 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 41.26 | 47.78 | 52.70 | 59.22 | 64.14 | 70.66 | 75.58 |
| Camarilla | 54.46 | 55.51 | 56.56 | 57.61 | 58.66 | 59.71 | 60.76 |
| Woodie | 40.45 | 47.38 | 51.89 | 58.82 | 63.33 | 70.26 | 74.77 |
| Fibonacci | 47.78 | 52.15 | 54.85 | 59.22 | 63.59 | 66.29 | 70.66 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 49.96 | |
| MACD (12,26,9): | 0.8200 | |
| Directional Movement: | 0.41 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 61.15 | |
| Parabolic SAR (0,02-0,02-0,2): | 66.24 | |
| Elder Ray (13): | -1.64 | |
| Super Trend (3,10): | 53.45 | |
| Zig ZAG (10): | 59.08 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 33.53 | |
| TEMA (21): | 59.86 | |
| Williams %R (14): | -60.68 | |
| Chande Momentum Oscillator (20): | 3.49 | |
| Repulse (5,40,3): | -4.6600 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.3100 | |
| Courbe Coppock: | 1.67 |
| MA7: | 60.95 | |
| MA20: | 60.18 | |
| MA50: | 57.09 | |
| MA100: | 48.81 | |
| MAexp7: | 59.85 | |
| MAexp20: | 59.72 | |
| MAexp50: | 56.35 | |
| MAexp100: | 52.00 | |
| Price / MA7: | -3.07% | |
| Price / MA20: | -1.83% | |
| Price / MA50: | +3.49% | |
| Price / MA100: | +21.04% | |
| Price / MAexp7: | -1.29% | |
| Price / MAexp20: | -1.07% | |
| Price / MAexp50: | +4.84% | |
| Price / MAexp100: | +13.62% |
Quotes :
2020-07-15 19:59:59
-
15 min delayed data
-
NASDAQ Stocks
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:
- What a Difference a Year Makes: For-Sale Housing Inventory Falls to New Lows With No Signs of Slowing
- Recovery Added $11.3 Trillion to U.S. Housing Value in the 2010s
- Zillow Offers Partners with More Homebuilders to Simplify the Process of Buying a New Home
- There are 218 Million-Dollar Cities in the U.S., But the Stream of New Entrants is Running Dry
- Zillow Offers Expands in Arizona, Now Available In Tucson
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ZILLOW GROUP INC. - Daily