ZYNGA INC. - Daily - Technical analysis published on 07/02/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
ZYNGA INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
17%
17%
My opinion
Bullish above 6.02 USD
My targets
6.49 USD (+3.84%)
My analysis
The bullish trend is currently very strong on ZYNGA INC.. As long as the price remains above the support at 6.02 USD, you could try to benefit from the boom. The first bullish objective is located at 6.49 USD. The bullish momentum would be boosted by a break in this resistance. 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.
Additional analysis
Quotes
ZYNGA INC. rating 6.25 USD. The price has increased by +1.96% since the last closing and was traded between 6.16 USD and 6.28 USD over the period. The price is currently at +1.46% from its lowest and -0.48% from its highest.6.16
6.28
6.25
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
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:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
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 ZYNGA INC. in Daily shows a strongly overall bullish trend. 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 scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.36 | 5.23 | 6.02 | 6.25 | 6.49 |
| Change (%) | -30.24% | -16.32% | -3.68% | - | +3.84% |
| Change | -1.89 | -1.02 | -0.23 | - | +0.24 |
| Level | Major | Intermediate | Major | - | 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 | 5.81 | 5.89 | 6.01 | 6.08 | 6.20 | 6.28 | 6.40 |
| Camarilla | 6.08 | 6.09 | 6.11 | 6.13 | 6.15 | 6.17 | 6.18 |
| Woodie | 5.84 | 5.90 | 6.03 | 6.09 | 6.23 | 6.29 | 6.42 |
| Fibonacci | 5.89 | 5.96 | 6.01 | 6.08 | 6.16 | 6.20 | 6.28 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.55 | 5.67 | 5.90 | 6.03 | 6.26 | 6.38 | 6.61 |
| Camarilla | 6.03 | 6.06 | 6.10 | 6.13 | 6.16 | 6.20 | 6.23 |
| Woodie | 5.60 | 5.70 | 5.95 | 6.05 | 6.31 | 6.41 | 6.66 |
| Fibonacci | 5.67 | 5.81 | 5.89 | 6.03 | 6.16 | 6.25 | 6.38 |
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): | 57.61 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 8.01 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 6.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.80 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 6.35 | |
| Zig ZAG (10): | 6.25 | |
| VORTEX (21): | 0.9700 | |
| Stochastique (14,3,5): | 62.96 | |
| TEMA (21): | 6.02 | |
| Williams %R (14): | -6.25 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 3.2700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 8.35 |
| MA7: | 6.02 | |
| MA20: | 6.17 | |
| MA50: | 6.04 | |
| MA100: | 5.63 | |
| MAexp7: | 6.08 | |
| MAexp20: | 6.10 | |
| MAexp50: | 5.97 | |
| MAexp100: | 5.61 | |
| Price / MA7: | +3.82% | |
| Price / MA20: | +1.30% | |
| Price / MA50: | +3.48% | |
| Price / MA100: | +11.01% | |
| Price / MAexp7: | +2.80% | |
| Price / MAexp20: | +2.46% | |
| Price / MAexp50: | +4.69% | |
| Price / MAexp100: | +11.41% |
News
The latest news and videos published on ZYNGA INC. at the time of the analysis were as follows:
-
Zynga Inc. - ZNGA Stock Chart Technical Analysis for 05-15-2019
-
Zynga Inc. - ZNGA Stock Chart Technical Analysis for 05-02-2019
- Zynga to Present at Upcoming Investor Conferences
-
Zynga Inc. - ZNGA Stock Chart Technical Analysis for 02-07-2019
- Zynga Announces Fourth Quarter and Full Year 2018 Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
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