$ZS Stock Price: Bullish Trend Signals +35.97% Gains - Day Trader Strategy
"Bullish Momentum: ZS Stock Shows Strong Potential for Gains"
Day Trader, Popular Stocks: Price Action Trading Strategy (TA&FA) Generates 35.97% for ZS
In the dynamic world of day trading, investors are constantly on the lookout for signals that can help them make informed decisions. One such signal that has caught the attention of traders recently is the price action of ZS stock. By employing a combination of technical analysis (TA) and fundamental analysis (FA), traders have discovered a potentially lucrative opportunity.
Moving Averages Signal a Bullish Trend
On September 5, 2023, a significant event occurred for ZS stock that has the potential to reshape its trajectory. The 10-day moving average crossed bullishly above the 50-day moving average. This technical development is often seen as a strong buy signal by traders who use moving averages in their strategies.
Historical data further reinforces the significance of this crossover. In all 11 past instances when the 10-day moving average crossed above the 50-day for ZS, the stock continued to move higher over the following month. This remarkable consistency implies that there is a 90% probability of a continued upward trend.
Strong Momentum Following a 3-Day Advance
Another noteworthy indicator supporting a bullish outlook for ZS is its recent performance. After experiencing a +4.29% advance over a three-day period, the stock appears poised for further growth.
Analyzing historical data reveals that in 295 out of 350 cases where ZS saw a three-day advance, the price continued to rise within the following month. This translates to an impressive 84% probability of a continued upward trend.
ZS stock is currently exhibiting strong bullish momentum, backed by both technical and fundamental analysis. The crossover of the 10-day moving average above the 50-day moving average suggests a robust buy signal, with historical data supporting a 90% probability of an ongoing upward trend.
Furthermore, the recent three-day advance of +4.29% adds to the optimism, with an 84% likelihood of continued price appreciation in the coming month.
While these indicators are promising, it's essential to remember that the stock market is inherently unpredictable, and past performance is not a guarantee of future results. As always, it's advisable for investors to conduct their research, consider their risk tolerance, and consult with a financial advisor before making any trading decisions. Nevertheless, the current signals for ZS stock are undeniably noteworthy and deserve the attention of traders looking for potential opportunities in the market.
ZS in -8.60% downward trend, sliding for three consecutive days on December 19, 2024
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 263 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ZS as a result. In of 68 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 November 29, 2024. 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 December 18, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for ZS crossed bearishly below the 50-day moving average on December 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ZS advanced for three days, in of 357 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 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 87, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ZS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (30.030) is normal, around the industry mean (31.078). P/E Ratio (0.000) is within average values for comparable stocks, (160.694). Projected Growth (PEG Ratio) (1.013) is also within normal values, averaging (2.755). Dividend Yield (0.000) settles around the average of (0.084) among similar stocks. P/S Ratio (14.903) is also within normal values, averaging (58.228).
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.
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an antivirus & cloud security platform
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