Zillow Group Inc. Class C Share Capital Z Pivot Points

Source: Stock Traders Daily

Longer Term Trading Plans for Z
  • NOTHING. Details
  • There is no ongoing support plan to trigger a buy on this stock at this time. This usually means that there are no clear support levels at the moment, so buying the stock as it falls could be seen as catching a falling knife. Buy signals only exist if resistance breaks higher.
    This is often a signal that the stock you are watching is weak. Waiting for a higher turn may be smarter than trying to catch a falling knife. In any case, new support levels are usually reviewed in the database at the start of the next trading session.

  • Short Z below 55.17, target n/a, stop loss @ 55.33 Details
  • Technical summary data suggests a short of Z as it nears 55.17, but the downside target is not available from the current data. This tells us to hold this position if triggered until a new downside target has been established (updates occur at the start of each trading session) or until the position is stopped . The summary data tells us to have a stop loss in place at 55.33. 55.17 is the first level of resistance above 47.42, and generally any test of resistance is a short signal. In this case, if resistance 55.17 is tested, a short signal would exist.

Swing Trading Plans for Z
  • Buy Z above 50.20, Target 55.17, Stop Loss @ 50.06 Details
  • If 50.20 starts to break higher, the technical summary tells us to buy Z just above 50.20, with an upside target of 55.17. The data also tells us to set a stop loss at 50.06 in case the stock turns against the trade. 50.20 is the first level of resistance above 47.42, and generally any break above resistance is a buy signal. In this case, 50.20, the initial resistance, would break higher, so a buy signal would exist. Since this plan is based on breaking resistance, it is called a long resistance plan.

  • Short Z close to 50.20, target 46.12, Stop Loss @ 50.34. Details
  • Technical summary data suggests a short of Z if it tests 50.20 with a downside target of 46.12. We should have a stop loss in place at 50.34 in case the stock starts moving against the trade. Typically, any resistance test is a short signal. In this case, if the resistance, 50.20, is tested, a short signal would exist. Because this plan is a short plan based on a resistance test, it is called a short resistance plan.

Daily trading plans for Z
  • Buy Z above 47.76, target 50.20, Stop Loss @ 47.65 Details
  • If 47.76 starts to break higher, the technical summary tells us to buy Z just above 47.76, with an upside target of 50.20. The data also tells us to set a stop loss at 47.65 in case the stock turns against the trade. 47.76 is the first level of resistance above 47.42, and generally any break above resistance is a buy signal. In this case, 47.76, initial resistance, would break higher, so a buy signal would exist. Since this plan is based on breaking resistance, it is called a long resistance plan.

  • Short Z close to 47.76, target 46.12, Stop Loss @ 47.87. Details
  • Technical summary data suggests a short of Z if it tests 47.76 with a downside target of 46.12. We should have a stop loss in place at 47.87 in case the stock starts moving against the trade. Typically, any resistance test is a short signal. In this case, if the resistance, 47.76, is tested, a short signal would exist. Because this plan is a short plan based on a resistance test, it is called a short resistance plan.

Z Technical Summary | Raw data for trading plans

Term → Close Environment Long
bias Weak Weak Weak
P1 0 0 55.17
P2 44.59 46.12 67.28
P3 47.76 50.20 83.06


Z Swing Trading Analysis for January 30, 2022


Z Day Trading Analysis for January 30, 2022

This Zillow Group Inc. Class C Share Capital (NYSE:Z) was produced using proprietary algorithms developed by Stock Traders Daily. Over the past 20 years, our methodology has been refined to help identify the best strategies for individual stocks and stock markets, with careful risk controls.

Warning:

This is a static report, the data below was valid at the time of publication, but support and resistance levels for Z change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macro insights, timing tools, and stock market crash protection through Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if Z is testing support, buy signals surface and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or short, and support would be the downside target accordingly. In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is fine-tuned to differentiate trading plans for Day Trading, Swing Trading, and Long-Term Investment Plans for Z as well. All these elements are proposed under the summary table.

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