ZM Technical Analysis

Technical Analysis of ZM Stock

Current Price and Key Levels:

• Current Price: $75.96 (as of 2025-03-21)
• Fibonacci Pivot: $74.50
• Fibonacci Resistance Levels:
  • R1: $76.64
  • R2: $77.95
• Fibonacci Support Levels:
  • S1: $72.36
  • S2: $71.04

Technical Indicators:

• RSI:
  • RSI_6: 57.69
  • RSI_12: 47.01
  • RSI_14: 45.81
• Stochastic Oscillator:
  • %K: 77.80
  • %D: 74.07
• MACD:
  • MACD Line: -1.46
  • Signal Line: -1.95
  • Histogram: 0.49

Moving Averages:

• SMA_5: $75.77
• SMA_10: $74.59
• SMA_20: $74.91
• SMA_50: $74.59
• SMA_200: $80.44

Bollinger Bands:

• Upper Band: $80.34
• Middle Band: $74.91
• Lower Band: $69.48

Analysis:

• The stock is currently trading near the Fibonacci pivot level of $74.50, indicating a neutral stance.
• The RSI values are below 70, suggesting the stock is not overbought, but they are also not in oversold territory.
• The Stochastic Oscillator shows %K above %D, which is a bullish signal, but both lines are in the higher range, indicating potential overbought conditions.
• The MACD is negative, indicating bearish momentum, but the histogram shows a slight increase, suggesting possible weakening of the bearish trend.
• The stock is above the 20-day and 50-day moving averages but below the 200-day moving average, indicating short-term bullishness but longer-term bearishness.

Recommendation:

• Buy if the stock breaks above the R1 level of $76.64 with increasing volume, targeting the R2 level of $77.95.
• Sell if the stock breaks below the S1 level of $72.36, targeting the S2 level of $71.04.

Exact Price Points:

• Buy Price: $76.64
• Sell Price: $72.36

Disclaimer:

This analysis does not constitute financial advice and should not be considered as a recommendation to buy or sell ZM stock. Always do your own research or consult with a financial advisor before making investment decisions.