ZYNGA INC. - Daily - Technical analysis published on 07/15/2019 (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
89%
6%
6%
My opinion
Bullish above 5.84 USD
My targets
6.49 USD (+2.37%)
My analysis
ZYNGA INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.84 USD. The next resistance located at 6.49 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
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
The ZYNGA INC. rating is 6.34 USD. The price registered an increase of +1.12% on the session and was between 6.28 USD and 6.38 USD. This implies that the price is at +0.96% from its lowest and at -0.63% from its highest.6.28
6.38
6.34
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 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
Technical
A technical analysis in Daily of this ZYNGA INC. chart shows a strongly bullish trend. 89.29% of the signals given by moving averages are bullish. The overall trend is supported 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, according to the parameters integrated into the Central Analyzer system, 16 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
Ichimoku - Bullish crossover : Tenkan & Kijun
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Resistance of triangle is broken
Type : Bullish
Timeframe : Daily
There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 4.36 | 5.23 | 5.84 | 6.34 | 6.49 |
| Change (%) | -31.23% | -17.51% | -7.89% | - | +2.37% |
| Change | -1.98 | -1.11 | -0.50 | - | +0.15 |
| 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 | 6.06 | 6.11 | 6.19 | 6.24 | 6.32 | 6.37 | 6.45 |
| Camarilla | 6.23 | 6.25 | 6.26 | 6.27 | 6.28 | 6.29 | 6.31 |
| Woodie | 6.08 | 6.12 | 6.21 | 6.25 | 6.34 | 6.38 | 6.47 |
| Fibonacci | 6.11 | 6.16 | 6.19 | 6.24 | 6.29 | 6.32 | 6.37 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.91 | 6.02 | 6.14 | 6.25 | 6.37 | 6.48 | 6.60 |
| Camarilla | 6.21 | 6.23 | 6.25 | 6.27 | 6.29 | 6.31 | 6.33 |
| Woodie | 5.93 | 6.02 | 6.16 | 6.25 | 6.39 | 6.48 | 6.62 |
| Fibonacci | 6.02 | 6.11 | 6.16 | 6.25 | 6.34 | 6.39 | 6.48 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 5.02 | 5.41 | 5.77 | 6.16 | 6.52 | 6.91 | 7.27 |
| Camarilla | 5.92 | 5.99 | 6.06 | 6.13 | 6.20 | 6.27 | 6.34 |
| Woodie | 5.01 | 5.40 | 5.76 | 6.15 | 6.51 | 6.90 | 7.26 |
| Fibonacci | 5.41 | 5.70 | 5.87 | 6.16 | 6.45 | 6.62 | 6.91 |
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): | 59.18 | |
| MACD (12,26,9): | 0.0500 | |
| Directional Movement: | 9.34 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 6.26 | |
| Parabolic SAR (0,02-0,02-0,2): | 5.97 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 5.89 | |
| Zig ZAG (10): | 6.34 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 87.40 | |
| TEMA (21): | 6.25 | |
| Williams %R (14): | -7.76 | |
| Chande Momentum Oscillator (20): | 0.50 | |
| Repulse (5,40,3): | 2.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 7.97 |
| MA7: | 6.26 | |
| MA20: | 6.13 | |
| MA50: | 6.16 | |
| MA100: | 5.75 | |
| MAexp7: | 6.26 | |
| MAexp20: | 6.20 | |
| MAexp50: | 6.05 | |
| MAexp100: | 5.72 | |
| Price / MA7: | +1.28% | |
| Price / MA20: | +3.43% | |
| Price / MA50: | +2.92% | |
| Price / MA100: | +10.26% | |
| Price / MAexp7: | +1.28% | |
| Price / MAexp20: | +2.26% | |
| Price / MAexp50: | +4.79% | |
| Price / MAexp100: | +10.84% |
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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