| ZS latest price $118.3500 (-2.5%) ($118.3200 - $118.3500) on Tue. May. 16, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.28% (three month average) |
RSI | 75 |
Latest Price | $118.3500(-2.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | ZS advances 2.1% 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) UNG(26%) REMX(14%) TBT(13%) URA(13%) GDX(12%) |
Factors Impacting ZS price | ZS will decline at least -2.14% in a week (0% probabilities). BOTZ(-21%) XRT(-19%) BWX(-19%) ARKK(-19%) INDA(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.14% (StdDev 4.28%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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