Zscaler Stock Technical Analysis

ZS Stock  USD 174.85  6.56  3.62%   
As of the 16th of April 2024, Zscaler maintains the Standard Deviation of 2.98, mean deviation of 2.0, and Market Risk Adjusted Performance of (0.22). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Zscaler, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for Zscaler, which can be compared to its peers. Please check out Zscaler information ratio, as well as the relationship between the value at risk and kurtosis to decide if Zscaler is priced fairly, providing market reflects its latest price of 174.85 per share. Given that Zscaler has information ratio of (0.13), we strongly advise you to confirm Zscaler's prevalent market performance to make sure the company can sustain itself at a future point.

Zscaler Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Zscaler, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Zscaler
  
Zscaler's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Zscaler Analyst Consensus

Target PriceAdvice# of Analysts
189.06Strong Buy43Odds
Zscaler current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Zscaler analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Zscaler stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Zscaler, talking to its executives and customers, or listening to Zscaler conference calls.
Zscaler Analyst Advice Details
Zscaler technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Zscaler technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zscaler trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Zscaler Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Zscaler volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Zscaler Trend Analysis

Use this graph to draw trend lines for Zscaler. You can use it to identify possible trend reversals for Zscaler as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Zscaler price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Zscaler Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Zscaler applied against its price change over selected period. The best fit line has a slop of   1.3  , which may indicate that the price for Zscaler will continue to decline. It has 122 observation points and a regression sum of squares at 64311.56, which is the sum of squared deviations for the predicted Zscaler price change compared to its average price change.

About Zscaler Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Zscaler on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Zscaler based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Zscaler price pattern first instead of the macroeconomic environment surrounding Zscaler. By analyzing Zscaler's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Zscaler's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Zscaler specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.05480.0487
Price To Sales Ratio16.5315.71

Zscaler April 16, 2024 Technical Indicators

Most technical analysis of Zscaler help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Zscaler from various momentum indicators to cycle indicators. When you analyze Zscaler charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Zscaler is a strong investment it is important to analyze Zscaler's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Zscaler's future performance. For an informed investment choice regarding Zscaler Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zscaler. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Zscaler Stock analysis

When running Zscaler's price analysis, check to measure Zscaler's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Zscaler is operating at the current time. Most of Zscaler's value examination focuses on studying past and present price action to predict the probability of Zscaler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zscaler's price. Additionally, you may evaluate how the addition of Zscaler to your portfolios can decrease your overall portfolio volatility.
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Is Zscaler's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zscaler. If investors know Zscaler will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zscaler listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.94)
Revenue Per Share
12.887
Quarterly Revenue Growth
0.354
Return On Assets
(0.03)
Return On Equity
(0.19)
The market value of Zscaler is measured differently than its book value, which is the value of Zscaler that is recorded on the company's balance sheet. Investors also form their own opinion of Zscaler's value that differs from its market value or its book value, called intrinsic value, which is Zscaler's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zscaler's market value can be influenced by many factors that don't directly affect Zscaler's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zscaler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zscaler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zscaler's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.