| ZS latest price $156.0300 (6.26%) ($156.0300 - $156.0300) on Thu. Aug. 31, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.21% (three month average) |
RSI | 68 |
Latest Price | $156.0300(6.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ZS advances 2.3% a day on average for past five trading days. |
Weekly Trend | ZS advances 1.3% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support ZS advance at 0% a week (0% probability) SKYY(87%) QQQ(68%) IVW(64%) SPY(61%) VFMO(61%) |
Factors Impacting ZS price | ZS will decline at least -1.605% in a week (0% probabilities). IGOV(-47%) TBT(-39%) UUP(-6%) SLV(4%) UNG(5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.605% (StdDev 3.21%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|