US stock / ETF

Zscaler, Inc.

ZS · NASDAQ · USD

4 hoursBearish67%
4h Downside probability 67%Bearish

ZS 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $197.87 and stabilize above resistance $229.85.

Invalidation Trigger

Break above $229.85 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 38.4, MACD 0.710

4h
Volatility EnvironmentRange
Medium volatility

ATR is $4.49 (2.32%)

4h

EMA Structure

Bearish
EMA 8$193.41Bearish
EMA 21$197.87Bearish
EMA 50$208.36Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.4 · MACD 0.710

Momentum is weak

Strength
Range
Volatility
ATR $4.49 · BB 6.68%

Medium volatility

Strength
Range
Volume
MFI 50.3 · OBV 1.35%

Relative to 20-period average volume

Strength
Range
Price Levels
$184.63 - $229.85

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+21.2% · 9.1 ATR above latest close

$234.34
Nearest resistance

+18.88% · 8.1 ATR above · 34-bar high

$229.85
Current price

Price shown is delayed

$193.35
Nearest support

-4.51% · 1.9 ATR below · 34-bar low

$184.63
Deeper support zone

-6.83% · 2.9 ATR below latest close

$180.14
ATR zone

Latest close ± ATR14

$188.86 - $197.84

Indicators

Trend

Dow Theory Structure

Confirmation $203, invalidation $184.63

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

Trend strength is active

29.2 / 14.0 / 40.1Bearish
Supertrend (10,3)

Price is above Supertrend

$180.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$196.44 / $218.41Bearish
Donchian Channel (20)

20-period breakout channel position

47%Bearish

Volatility

ATR (14)

Medium volatility

$4.49 (2.32%)Range
Bollinger Bands (20,2)

Width 6.68%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$205.12 / $189.79Range
ATR channel lower / upper

Current Volatility Envelope

$188.86 / $197.84Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$229.85Range
Support

Nearest Downside Decision Level

$184.63Range

Momentum

RSI (14)

Momentum is weak

38.4Bearish
MACD (12,26,9)

Histogram is positive

0.710Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.5 / 37.6Bullish
Williams %R (14)

Neutral zone

-52.5Range
CCI (20)

Balanced zone

-76.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.3Range
OBV slope

20-period OBV slope

1.35%Bullish
Volume ratio

Relative to 20-period average volume

1.71xBullish

Trend

Dow Theory Structure

Confirmation $203, invalidation $184.63

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

Trend strength is active

29.2 / 14.0 / 40.1Bearish
Supertrend (10,3)

Price is above Supertrend

$180.96Bullish
Ichimoku Cloud

Cloud Span A / Span B

$196.44 / $218.41Bearish
Donchian Channel (20)

20-period breakout channel position

47%Bearish

Momentum

RSI (14)

Momentum is weak

38.4Bearish
MACD (12,26,9)

Histogram is positive

0.710Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.5 / 37.6Bullish
Williams %R (14)

Neutral zone

-52.5Range
CCI (20)

Balanced zone

-76.0Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$4.49 (2.32%)Range
Bollinger Bands (20,2)

Width 6.68%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$205.12 / $189.79Range
ATR channel lower / upper

Current Volatility Envelope

$188.86 / $197.84Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.3Range
OBV slope

20-period OBV slope

1.35%Bullish
Volume ratio

Relative to 20-period average volume

1.71xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$229.85Range
Support

Nearest Downside Decision Level

$184.63Range

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