US stock / ETF

Zscaler, Inc.

ZS · NASDAQ · USD

1 monthBearish82%
Monthly Downside probability 82%Bearish

ZS 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $196.93 and stabilize above resistance $336.9.

Invalidation Trigger

Break above $336.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 38.1, MACD -17.759

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $44.85 (35.55%)

Monthly

EMA Structure

Bearish
EMA 8$167.17Bearish
EMA 21$196.93Bearish
EMA 50$199.93Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.1 · MACD -17.759

Momentum is weak

Strength
Bearish
Volatility
ATR $44.85 · BB 114.41%

High volatility

Strength
Bearish
Volume
MFI 46.0 · OBV -25.92%

Relative to 20-period average volume

Strength
Range
Price Levels
$114.65 - $336.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+202.59% · 5.7 ATR above latest close

$381.75
Nearest resistance

+167.04% · 4.7 ATR above · 34-bar high

$336.9
Current price

Price shown is delayed

$126.16
Nearest support

-9.13% · 0.3 ATR below · 34-bar low

$114.65
Deeper support zone

-44.67% · 1.3 ATR below latest close

$69.8
ATR zone

Latest close ± ATR14

$81.32 - $171.01

Indicators

Trend

Dow Theory Structure

Confirmation $336.9, invalidation $114.65

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.6 / 27.7 / 30.4Bearish
Supertrend (10,3)

Price is above Supertrend

-$3.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$225.77 / $210.95Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

High volatility

$44.85 (35.55%)Bearish
Bollinger Bands (20,2)

Width 114.41%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$291.27 / $101.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$81.32 / $171.01Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$336.9Range
Support

Nearest Downside Decision Level

$114.65Range

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-17.759Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.2 / 7.9Bearish
Williams %R (14)

Oversold zone

-94.8Bullish
CCI (20)

Weak expansion

-113.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.0Range
OBV slope

20-period OBV slope

-25.92%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Trend

Dow Theory Structure

Confirmation $336.9, invalidation $114.65

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

25.6 / 27.7 / 30.4Bearish
Supertrend (10,3)

Price is above Supertrend

-$3.83Bullish
Ichimoku Cloud

Cloud Span A / Span B

$225.77 / $210.95Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

38.1Bearish
MACD (12,26,9)

Histogram is negative

-17.759Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.2 / 7.9Bearish
Williams %R (14)

Oversold zone

-94.8Bullish
CCI (20)

Weak expansion

-113.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

High volatility

$44.85 (35.55%)Bearish
Bollinger Bands (20,2)

Width 114.41%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$291.27 / $101.33Bearish
ATR channel lower / upper

Current Volatility Envelope

$81.32 / $171.01Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.0Range
OBV slope

20-period OBV slope

-25.92%Bearish
Volume ratio

Relative to 20-period average volume

1.37xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$336.9Range
Support

Nearest Downside Decision Level

$114.65Range

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