ZILLOW GROUP INC. - Daily - Technical analysis published on 07/15/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 44.28 USD
My targets
51.04 USD (+1.75%)
58.64 USD (+16.91%)
My analysis
The bullish trend is currently very strong on ZILLOW GROUP INC.. As long as the price remains above the support at 44.28 USD, you could try to benefit from the boom. The first bullish objective is located at 51.04 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 58.64 USD as an objective. Crossing it would then enable buyers to target 65.57 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.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ZILLOW GROUP INC. rating 50.16 USD. On the day, this instrument gained +2.35% and was traded between 49.01 USD and 50.25 USD over the period. The price is currently at +2.35% from its lowest and -0.18% from its highest.49.01
50.25
50.16
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ZILLOW GROUP INC.:
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 this Daily chart of ZILLOW GROUP INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
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
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : Daily
Near resistance of channel
Type : Bearish
Timeframe : Daily
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Black evening star
Type : Bearish
Timeframe : Daily
Upside Tasuki gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 38.16 | 39.84 | 44.28 | 50.16 | 51.04 | 58.64 | 65.57 |
| Change (%) | -23.92% | -20.57% | -11.72% | - | +1.75% | +16.91% | +30.72% |
| Change | -12.00 | -10.32 | -5.88 | - | +0.88 | +8.48 | +15.41 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.79 | 47.31 | 48.16 | 49.68 | 50.53 | 52.05 | 52.90 |
| Camarilla | 48.36 | 48.58 | 48.79 | 49.01 | 49.23 | 49.45 | 49.66 |
| Woodie | 45.46 | 47.14 | 47.83 | 49.51 | 50.20 | 51.88 | 52.57 |
| Fibonacci | 47.31 | 48.22 | 48.78 | 49.68 | 50.59 | 51.15 | 52.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 45.34 | 46.00 | 47.21 | 47.88 | 49.09 | 49.75 | 50.96 |
| Camarilla | 47.90 | 48.08 | 48.25 | 48.42 | 48.59 | 48.76 | 48.94 |
| Woodie | 45.61 | 46.14 | 47.48 | 48.01 | 49.36 | 49.89 | 51.23 |
| Fibonacci | 46.00 | 46.72 | 47.16 | 47.88 | 48.60 | 49.04 | 49.75 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 35.42 | 38.52 | 42.46 | 45.56 | 49.50 | 52.60 | 56.54 |
| Camarilla | 44.45 | 45.10 | 45.75 | 46.39 | 47.04 | 47.68 | 48.33 |
| Woodie | 35.83 | 38.73 | 42.87 | 45.77 | 49.91 | 52.81 | 56.95 |
| Fibonacci | 38.52 | 41.21 | 42.87 | 45.56 | 48.25 | 49.91 | 52.60 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 63.51 | |
| MACD (12,26,9): | 1.8200 | |
| Directional Movement: | 11.09 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 49.78 | |
| Parabolic SAR (0,02-0,02-0,2): | 46.73 | |
| Elder Ray (13): | 1.32 | |
| Super Trend (3,10): | 46.22 | |
| Zig ZAG (10): | 50.16 | |
| VORTEX (21): | 1.1100 | |
| Stochastique (14,3,5): | 84.97 | |
| TEMA (21): | 50.01 | |
| Williams %R (14): | -15.18 | |
| Chande Momentum Oscillator (20): | 7.14 | |
| Repulse (5,40,3): | 2.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.5300 | |
| Courbe Coppock: | 17.30 |
| MA7: | 49.41 | |
| MA20: | 47.05 | |
| MA50: | 43.18 | |
| MA100: | 40.22 | |
| MAexp7: | 49.27 | |
| MAexp20: | 47.38 | |
| MAexp50: | 44.19 | |
| MAexp100: | 41.61 | |
| Price / MA7: | +1.52% | |
| Price / MA20: | +6.61% | |
| Price / MA50: | +16.16% | |
| Price / MA100: | +24.71% | |
| Price / MAexp7: | +1.81% | |
| Price / MAexp20: | +5.87% | |
| Price / MAexp50: | +13.51% | |
| Price / MAexp100: | +20.55% |
News
The last news published on ZILLOW GROUP INC. at the time of the generation of this analysis was as follows:
- Mortgage Payment Within Reach for High School Grads in Most Cities
- It's a Beautiful (and Expensive) Day in the Gayborhood
- BoHo, Minimalism Top Zillow's 2019 Outdoor Living Trends
- U.S. Home Values Fall for the First Time in Seven Years
- Zillow Now Buying and Selling Homes in the Twin Cities
This member declared not having a position on this financial instrument or a related financial instrument.
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