US stock / ETF

Zscaler, Inc.

ZS · NASDAQ · USD

4 hoursBearish69%
4h Downside probability 69%Bearish

ZS 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $199.4 and stabilize above resistance $216.5.

Invalidation Trigger

Break above $216.5 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.9, MACD -0.335

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.61 (1.33%)

4h

EMA Structure

Range
EMA 8$198.21Bearish
EMA 21$199.4Bearish
EMA 50$197.62Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.9 · MACD -0.335

Momentum is weak

Strength
Bearish
Volatility
ATR $2.61 · BB 4.23%

Low volatility

Strength
Bullish
Volume
MFI 30.2 · OBV -4.01%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$187 - $216.5

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+11.79% · 8.9 ATR above latest close

$219.11
Nearest resistance

+10.46% · 7.9 ATR above · 34-bar high

$216.5
Current price

Price shown is delayed

$196
Nearest support

-4.59% · 3.4 ATR below · 34-bar low

$187
Deeper support zone

-5.92% · 4.4 ATR below latest close

$184.39
ATR zone

Latest close ± ATR14

$193.39 - $198.61

Indicators

Trend

Dow Theory Structure

Confirmation $202, invalidation $196.89

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

Trend strength is active

27.3 / 30.7 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$188.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$200.88 / $201.75Bearish
Donchian Channel (20)

20-period breakout channel position

53%Bearish

Volatility

ATR (14)

Low volatility

$2.61 (1.33%)Bullish
Bollinger Bands (20,2)

Width 4.23%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$204.55 / $194.15Bullish
ATR channel lower / upper

Current Volatility Envelope

$193.39 / $198.61Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.5Range
Support

Nearest Downside Decision Level

$187Range

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-0.335Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.0 / 20.3Bearish
Williams %R (14)

Oversold zone

-96.0Bullish
CCI (20)

Weak expansion

-104.4Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.2Bearish
OBV slope

20-period OBV slope

-4.01%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Trend

Dow Theory Structure

Confirmation $202, invalidation $196.89

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

Trend strength is active

27.3 / 30.7 / 18.2Bullish
Supertrend (10,3)

Price is above Supertrend

$188.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$200.88 / $201.75Bearish
Donchian Channel (20)

20-period breakout channel position

53%Bearish

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-0.335Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.0 / 20.3Bearish
Williams %R (14)

Oversold zone

-96.0Bullish
CCI (20)

Weak expansion

-104.4Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$2.61 (1.33%)Bullish
Bollinger Bands (20,2)

Width 4.23%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$204.55 / $194.15Bullish
ATR channel lower / upper

Current Volatility Envelope

$193.39 / $198.61Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.2Bearish
OBV slope

20-period OBV slope

-4.01%Bearish
Volume ratio

Relative to 20-period average volume

1.07xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$216.5Range
Support

Nearest Downside Decision Level

$187Range

Related Forecasts