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ZUO Stock Tickeron detected bullish Stock Pattern: Triangle Symmetrical Top ZUO on October 14, 2024, netting in a 8.40% gain over 2 weeks

A.I.dvisor
at Tickeron.com
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+8.40% Gain from a Successful pattern Triangle Symmetrical Top
ZUO - Zuora
Tickeron
Ticker: ZUO
Company: Zuora
Gain: +8.4%
Confirmed: 10/14/24
Succeeded: 10/16/24
Total length: 20 days
On September 26, 2024, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bullish) for Zuora (ZUO, $8.69). On October 14, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $9.70. 2 days later, on October 16, 2024, ZUO reached the target price resulting in a for traders who took a long position in the stock.

ZUO in +0.20% Uptrend, growing for three consecutive days on November 14, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where ZUO advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 21, 2024. You may want to consider a long position or call options on ZUO as a result. In of 90 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 50-day moving average for ZUO moved above the 200-day moving average on November 13, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Bearish Trend Analysis

The 10-day RSI Indicator for ZUO moved out of overbought territory on November 20, 2024. 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 31 similar instances where the indicator moved out of overbought territory. In of the 31 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The Moving Average Convergence Divergence Histogram (MACD) for ZUO turned negative on November 04, 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 54 similar instances when the indicator turned negative. In of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZUO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ZUO’s price grows at a higher 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 fair valued 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 (9.690) is normal, around the industry mean (30.427). P/E Ratio (0.000) is within average values for comparable stocks, (162.588). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.738). Dividend Yield (0.000) settles around the average of (0.084) among similar stocks. P/S Ratio (2.880) is also within normal values, averaging (56.764).

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 Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ZUO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

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ZUO
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General Information

an enterprise software company

Industry PackagedSoftware

Profile
Fundamentals
Details
Industry
Packaged Software
Address
101 Redwood Shores Parkway
Phone
+1 888 976-9056
Employees
1618
Web
https://www.zuora.com