US stock / ETF

Zscaler, Inc.

ZS · NASDAQ · USD

1 monthBearish76%
Monthly Downside probability 76%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 $192.8 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 47.5, MACD -11.203

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $42.87 (23.72%)

Monthly

EMA Structure

Range
EMA 8$169.46Bullish
EMA 21$192.8Bearish
EMA 50$191.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.5 · MACD -11.203

Neutral zone

Strength
Bearish
Volatility
ATR $42.87 · BB 116.70%

High volatility

Strength
Bearish
Volume
MFI 36.4 · OBV 71.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$114.63 - $336.99

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+110.16% · 4.6 ATR above latest close

$379.86
Nearest resistance

+86.44% · 3.6 ATR above · 34-bar high

$336.99
Current price

Price shown is delayed

$180.75
Nearest support

-36.58% · 1.5 ATR below · 34-bar low

$114.63
Deeper support zone

-60.3% · 2.5 ATR below latest close

$71.75
ATR zone

Latest close ± ATR14

$137.88 - $223.62

Indicators

Trend

Dow Theory Structure

Confirmation $114.63, invalidation $191.25

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

Trend strength is active

25.4 / 19.7 / 31.7Bearish
Supertrend (10,3)

Price is above Supertrend

$35.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$203.97 / $210.96Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Volatility

ATR (14)

High volatility

$42.87 (23.72%)Bearish
Bollinger Bands (20,2)

Width 116.70%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$282.24 / $101.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.88 / $223.62Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$336.99Range
Support

Nearest Downside Decision Level

$114.63Range

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is negative

-11.203Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.7 / 19.4Bullish
Williams %R (14)

Neutral zone

-70.3Range
CCI (20)

Balanced zone

-52.9Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.4Bearish
OBV slope

20-period OBV slope

71.57%Bullish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Trend

Dow Theory Structure

Confirmation $114.63, invalidation $191.25

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

Trend strength is active

25.4 / 19.7 / 31.7Bearish
Supertrend (10,3)

Price is above Supertrend

$35.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$203.97 / $210.96Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is negative

-11.203Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.7 / 19.4Bullish
Williams %R (14)

Neutral zone

-70.3Range
CCI (20)

Balanced zone

-52.9Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$42.87 (23.72%)Bearish
Bollinger Bands (20,2)

Width 116.70%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$282.24 / $101.99Bearish
ATR channel lower / upper

Current Volatility Envelope

$137.88 / $223.62Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.4Bearish
OBV slope

20-period OBV slope

71.57%Bullish
Volume ratio

Relative to 20-period average volume

0.50xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$336.99Range
Support

Nearest Downside Decision Level

$114.63Range

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