US stock / ETF

Zscaler, Inc.

ZS · NASDAQ · USD

1 monthBearish71%
Monthly Downside probability 71%Bearish

ZS 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $197.6 and stabilize above resistance $336.99.

Invalidation Trigger

Break above $336.99 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 49.2, MACD -0.628

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $48.54 (25.12%)

Monthly

EMA Structure

Range
EMA 8$191.42Bullish
EMA 21$197.6Bearish
EMA 50$193.94Bearish

Signals

CategoryReadStrength
Momentum
RSI 49.2 · MACD -0.628

Neutral zone

Strength
Bearish
Volatility
ATR $48.54 · BB 115.47%

High volatility

Strength
Bearish
Volume
MFI 47.3 · OBV 63.74%

Relative to 20-period average volume

Strength
Range
Price Levels
$114.63 - $336.99

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+99.53% · 4.0 ATR above latest close

$385.53
Nearest resistance

+74.41% · 3.0 ATR above · 34-bar high

$336.99
Current price

Price shown is delayed

$193.22
Nearest support

-40.68% · 1.6 ATR below · 34-bar low

$114.63
Deeper support zone

-65.8% · 2.6 ATR below latest close

$66.09
ATR zone

Latest close ± ATR14

$144.68 - $241.76

Indicators

Trend

Dow Theory Structure

Confirmation $114.63, invalidation $191.25

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

17.7 / 27.1 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$66.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$208.53 / $210.96Bearish
Donchian Channel (20)

20-period breakout channel position

35%Range

Volatility

ATR (14)

High volatility

$48.54 (25.12%)Bearish
Bollinger Bands (20,2)

Width 115.47%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$294.5 / $100.09Bearish
ATR channel lower / upper

Current Volatility Envelope

$144.68 / $241.76Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$336.99Range
Support

Nearest Downside Decision Level

$114.63Range

Momentum

RSI (14)

Neutral zone

49.2Range
MACD (12,26,9)

Histogram is negative

-0.628Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.3 / 43.0Bearish
Williams %R (14)

Neutral zone

-64.7Range
CCI (20)

Balanced zone

-15.4Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

63.74%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Trend

Dow Theory Structure

Confirmation $114.63, invalidation $191.25

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

17.7 / 27.1 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$66.01Bullish
Ichimoku Cloud

Cloud Span A / Span B

$208.53 / $210.96Bearish
Donchian Channel (20)

20-period breakout channel position

35%Range

Momentum

RSI (14)

Neutral zone

49.2Range
MACD (12,26,9)

Histogram is negative

-0.628Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.3 / 43.0Bearish
Williams %R (14)

Neutral zone

-64.7Range
CCI (20)

Balanced zone

-15.4Range
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

High volatility

$48.54 (25.12%)Bearish
Bollinger Bands (20,2)

Width 115.47%

40%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$294.5 / $100.09Bearish
ATR channel lower / upper

Current Volatility Envelope

$144.68 / $241.76Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

63.74%Bullish
Volume ratio

Relative to 20-period average volume

0.30xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$336.99Range
Support

Nearest Downside Decision Level

$114.63Range

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