US stock / ETF

Zscaler, Inc.

ZS · NASDAQ · USD

4 hoursRange53%
4h Range probability 94%Range

ZS 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Break either side of $119.58 - $157.67 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateRange
Momentum mixed

RSI 46.8, MACD 1.043

4h
Volatility EnvironmentRange
Medium volatility

ATR is $3.79 (2.97%)

4h

EMA Structure

Bearish
EMA 8$126.74Bullish
EMA 21$128.17Bearish
EMA 50$134.24Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.8 · MACD 1.043

Neutral zone

Strength
Range
Volatility
ATR $3.79 · BB 7.75%

Medium volatility

Strength
Range
Volume
MFI 48.6 · OBV 48.95%

Relative to 20-period average volume

Strength
Range
Price Levels
$119.58 - $157.67

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+26.54% · 8.9 ATR above latest close

$161.46
Nearest resistance

+23.57% · 7.9 ATR above · 34-bar high

$157.67
Current price

Price shown is delayed

$127.6
Nearest support

-6.29% · 2.1 ATR below · 34-bar low

$119.58
Deeper support zone

-9.26% · 3.1 ATR below latest close

$115.79
ATR zone

Latest close ± ATR14

$123.81 - $131.39

Indicators

Trend

Dow Theory Structure

Confirmation $129.45, invalidation $122.06

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

Trend strength is active

31.0 / 25.1 / 24.3Bullish
Supertrend (10,3)

Price is above Supertrend

$116.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$126.68 / $155.38Bearish
Donchian Channel (20)

20-period breakout channel position

61%Bearish

Volatility

ATR (14)

Medium volatility

$3.79 (2.97%)Range
Bollinger Bands (20,2)

Width 7.75%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$135.28 / $120.64Range
ATR channel lower / upper

Current Volatility Envelope

$123.81 / $131.39Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$157.67Range
Support

Nearest Downside Decision Level

$119.58Range

Momentum

RSI (14)

Neutral zone

46.8Range
MACD (12,26,9)

Histogram is positive

1.043Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.7 / 61.9Bearish
Williams %R (14)

Neutral zone

-40.3Range
CCI (20)

Balanced zone

52.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.6Range
OBV slope

20-period OBV slope

48.95%Bullish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Trend

Dow Theory Structure

Confirmation $129.45, invalidation $122.06

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

Trend strength is active

31.0 / 25.1 / 24.3Bullish
Supertrend (10,3)

Price is above Supertrend

$116.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$126.68 / $155.38Bearish
Donchian Channel (20)

20-period breakout channel position

61%Bearish

Momentum

RSI (14)

Neutral zone

46.8Range
MACD (12,26,9)

Histogram is positive

1.043Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.7 / 61.9Bearish
Williams %R (14)

Neutral zone

-40.3Range
CCI (20)

Balanced zone

52.3Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$3.79 (2.97%)Range
Bollinger Bands (20,2)

Width 7.75%

60%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$135.28 / $120.64Range
ATR channel lower / upper

Current Volatility Envelope

$123.81 / $131.39Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.6Range
OBV slope

20-period OBV slope

48.95%Bullish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$157.67Range
Support

Nearest Downside Decision Level

$119.58Range

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