US stock / ETF

Zscaler, Inc.

ZS · NASDAQ · USD

4 hoursBearish68%
4h Downside probability 68%Bearish

ZS 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $166.84 and stabilize above resistance $201.21.

Invalidation Trigger

Break above $201.21 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 41.0, MACD 0.404

4h
Volatility EnvironmentRange
Low volatility

ATR is $2.93 (1.78%)

4h

EMA Structure

Bearish
EMA 8$164.49Bullish
EMA 21$166.84Bearish
EMA 50$170.99Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.0 · MACD 0.404

Momentum is weak

Strength
Range
Volatility
ATR $2.93 · BB 6.62%

Low volatility

Strength
Range
Volume
MFI 37.5 · OBV -17.00%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$159.2 - $201.21

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.06% · 13.5 ATR above latest close

$204.14
Nearest resistance

+22.28% · 12.5 ATR above · 34-bar high

$201.21
Current price

Price shown is delayed

$164.55
Nearest support

-3.25% · 1.8 ATR below · 34-bar low

$159.2
Deeper support zone

-5.03% · 2.8 ATR below latest close

$156.27
ATR zone

Latest close ± ATR14

$161.62 - $167.48

Indicators

Trend

Dow Theory Structure

Confirmation $165.95, invalidation $162.29

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

Trend strength is active

24.7 / 18.6 / 10.8Bullish
Supertrend (10,3)

Price is above Supertrend

$155.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$172.89 / $180.2Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Volatility

ATR (14)

Low volatility

$2.93 (1.78%)Range
Bollinger Bands (20,2)

Width 6.62%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$172.3 / $160.96Range
ATR channel lower / upper

Current Volatility Envelope

$161.62 / $167.48Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$201.21Range
Support

Nearest Downside Decision Level

$159.2Range

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is positive

0.404Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.1 / 44.8Bullish
Williams %R (14)

Neutral zone

-54.9Range
CCI (20)

Balanced zone

-35.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.5Bearish
OBV slope

20-period OBV slope

-17.00%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $165.95, invalidation $162.29

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

Trend strength is active

24.7 / 18.6 / 10.8Bullish
Supertrend (10,3)

Price is above Supertrend

$155.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$172.89 / $180.2Bearish
Donchian Channel (20)

20-period breakout channel position

34%Bearish

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is positive

0.404Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

45.1 / 44.8Bullish
Williams %R (14)

Neutral zone

-54.9Range
CCI (20)

Balanced zone

-35.2Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$2.93 (1.78%)Range
Bollinger Bands (20,2)

Width 6.62%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$172.3 / $160.96Range
ATR channel lower / upper

Current Volatility Envelope

$161.62 / $167.48Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.5Bearish
OBV slope

20-period OBV slope

-17.00%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$201.21Range
Support

Nearest Downside Decision Level

$159.2Range

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