In the fast-paced world of financial markets, investing successfully is a delicate balance of risk and reward. The right investment strategy can mean the difference between substantial gains and steep losses. Amid market turbulence, traders often resort to 'Market Neutral Strategies,' primarily encompassing both Technical Analysis (TA) and Fundamental Analysis (FA). And the 'Choppy Market Trader' is one such strategy that has proven its mettle in the ever-fluctuating market, registering an impressive 19.22% for ZS.
ZS is a well-known stock that has been in the limelight of popular stocks. Its price movement recently signaled an event that has been closely watched by the investment community. On July 06, 2023, the 50-day moving average for ZS moved above the 200-day moving average. In the world of TA, this event is often referred to as a 'Golden Cross.' The Golden Cross, typically considered a bullish signal, suggests that a stock may be shifting into an upward, long-term trend.
The Golden Cross happens when the short-term moving average, like the 50-day moving average, crosses over its long-term counterpart, the 200-day moving average. It's a significant bullish signal because it indicates the potential start of a long-term uptrend, suggesting that the bulls have taken control of the bears.
In the case of ZS, this recent Golden Cross signals a possible onset of a new upward trend, likely attracting many investors looking for profitable opportunities. This shift could be attributed to various factors such as sound financial health, strong business fundamentals, or favorable market conditions for the stock.
Moreover, the Choppy Market Trader strategy's success is attributed to its dual approach - integrating both TA and FA. TA provides traders with a precise timing mechanism through pattern recognition and indicators such as the Golden Cross. In contrast, FA helps identify stocks that are undervalued and possess strong financial health and robust future growth prospects.
In essence, the recent move of ZS's 50-day moving average above the 200-day moving average, coupled with the effective use of the Choppy Market Trader strategy, demonstrates the potential of market-neutral strategies to generate substantial returns, even amidst market volatility. For investors, it further emphasizes the importance of understanding and effectively applying these strategies, as they navigate the choppy waters of the stock market towards profitable destinations.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ZS declined for three days, in of 268 cases, the price declined further within the following month. The odds of a continued downward trend are .
The 10-day RSI Indicator for ZS moved out of overbought territory on September 12, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 18, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ZS as a result. In of 73 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ZS turned negative on September 19, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
ZS moved below its 50-day moving average on September 25, 2023 date and that indicates a change from an upward trend to a downward trend.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 10-day moving average for ZS crossed bullishly above the 50-day moving average on September 05, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ZS advanced for three days, in of 350 cases, the price rose further within the following month. The odds of a continued upward trend are .
ZS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 325 cases where ZS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ZS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock slightly better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (30.211) is normal, around the industry mean (19.856). P/E Ratio (0.000) is within average values for comparable stocks, (152.778). Projected Growth (PEG Ratio) (1.523) is also within normal values, averaging (2.642). Dividend Yield (0.000) settles around the average of (0.088) among similar stocks. P/S Ratio (13.351) is also within normal values, averaging (74.113).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
an antivirus & cloud security platform
A.I.dvisor indicates that over the last year, ZS has been closely correlated with CRWD. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if ZS jumps, then CRWD could also see price increases.