Technical Analysis: ZS shows a bullish trend with RSI(14) at 64.41, indicating moderate upward momentum without being overbought. The stock is trading above all major moving averages (SMA 5,10,20,60,200), suggesting strong overall uptrend.
Price Levels and Indicators:
Recent News Impact:
Price Prediction for Next Week: Based on technical indicators and recent news sentiment:
Trading Recommendation: BUY Entry point: Current market price ($212.55) Target: $217.77 (Fibonacci R2) Stop loss: $199.73 (Fibonacci S1)
Rationale:
The price of ZS is predicted to go up 3.4%, based on the high correlation periods with TPX. The similarity of these two price pattern on the periods is 98.29%.
ZS
TPX
Year
ZS Price Forecast($)
Potential Return(%)
2025
218.000
14.750
2026
315.000
55.490
2027
300.000
48.080
2028
315.000
55.490
2029
350.000
72.760
2030
450.000
122.120
Zscaler has strong secular tailwinds behind its back as the convergence of networking and the security market is in its early innings.
Zscaler has market leadership and high enterprise penetration through its offerings related to secure web gateways and zero-trust network access.
Consolidation of security vendors should benefit Zscaler, which has a wide array of solutions across an enterprise's network security stack.
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