| ZS latest price $126.3100 (-3.39%) ($126.3100 - $126.3100) on Wed. May. 24, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.34% (three month average) |
RSI | 86 |
Latest Price | $126.3100(-3.39%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ZS advances 1.3% a day on average for past five trading days. |
Weekly Trend | ZS advances 15% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support ZS advance at 0% a week (0% probability) EWY(33%) XLY(27%) LIT(26%) PEJ(26%) EEM(23%) |
Factors Impacting ZS price | ZS will decline at least -2.17% in a week (0% probabilities). UNG(-21%) VIXM(-15%) IGOV(-15%) USO(-14%) SHY(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.17% (StdDev 4.34%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
| |
|
|