Based on the provided data and current market conditions, here's a concise analysis for ZS stock:
Technical Analysis
The stock is currently trading at $205.45, showing a moderate RSI of 62.18 which indicates neither overbought nor oversold conditions. The stock is trading above its 20-day moving average of $195.93, suggesting short-term bullish momentum.
Fibonacci Levels
Key resistance levels are at $208.61 (R1) and $213.81 (R2), while support levels are at $191.76 (S1) and $186.56 (S2). The current price is hovering near the first resistance level, suggesting potential consolidation.
Recent Price Action
The stock showed positive momentum in the last trading session (Feb 7, 2025) with:
- Regular market: +0.64%
- Pre-market: +1.45%
- Post-market: -0.02%
Analyst Sentiment
Recent analyst actions have been predominantly bullish:
- Scotiabank raised PT to $225 (Jan 21, 2025)
- Needham maintains Strong Buy with $240 PT
- Multiple analysts have raised their price targets in recent months
Market Position
The stock has seen significant options activity, with notable interest in the $205 strike call options, indicating bullish sentiment from options traders.
Recommendation
Based on the technical setup, analyst sentiment, and current market positioning, ZS appears to be a BUY at current levels. The stock is showing strong momentum while trading above key moving averages, with multiple price target upgrades supporting further upside potential.