How to Read and Trade AI Powered Stock Charts
Enter Stock Symbol to View AI powered Stock Chart
StockChartsAI.com
All Chart Prices as of Previous Day CloseBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
12/07/2023 16:00:00 EST
Zscaler Inc (ZS)
Industry: Software-Infrastructure
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 30 trading days, ZS has been trading in a range between $193.09 and $154.37 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
ZS is breaking above top of the recent 30 day range at $199.84 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Zscaler Inc (ZS) entered a Green zone 25 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 4.268, which is a Strong Buy. The current analyst target price is $189.06, which gives it a potential down side of -5.49 % from the recent price of 200.05. The stock is trading 3.86% (potential upside) below its 52 week high of $207.78 and 135.55 % (potential downside) above its 52 week low of $84.93 - based on the recent price.
Company Summary
Zscaler, Inc operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.
News
| Compared to Estimates, Zscaler (ZS) Q1 Earnings: A Look at Key Metrics While the top- and bottom-line numbers for Zscaler (ZS) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. Source: Zacks Investment Research Thu, 07 Dec 2023 10:32:11 -0500 Sentiment: Neutral |
| NuHarbor Security Launches Zero Trust Services to Support Zscaler Products COLCHESTER, Vt.--(BUSINESS WIRE)--NuHarbor Security, trusted managed security provider to hundreds of clients in both the public and private sector, has partnered with Zscaler to deliver a new level of cybersecurity capability and business value based on the proven effectiveness of the largest security cloud on the planet. Combining NuHarbor's nationally recognized leadership and security insight with Zscaler's market-leading Zero Trust Exchange, clients now can leverage Zscaler's advanced tech. Source: Business Wire Thu, 07 Dec 2023 09:30:00 -0500 Sentiment: Neutral |
| Analysts shift attention to new market leaders in Q4 Among the most significant takeaways from the Q3 earnings reporting cycle is that the analysts' attention is shifting. The shift is not so much a sector rotation but a rotation within the tech sector from leaders like Meta Platforms NASDAQ: META, NVIDIA NASDAQ: NVDA and Amazon NASDAQ: AMZN, which topped the list of Most Upgraded Stocks early in the year. Source: MarketBeat Wed, 06 Dec 2023 07:12:04 -0500 Sentiment: Positive |
| The top five zero trust cybersecurity stocks With each advance in technology, the importance of cybersecurity grows. A key problem facing businesses and enterprises is that the traditional approach to a perimeter security network is quickly becoming obsolete. Source: MarketBeat Wed, 06 Dec 2023 06:08:00 -0500 Sentiment: Neutral |
| Cloud Computing Kings: 3 Companies Outperforming AWS and Azure Cloud computing has helped companies save money and improve efficiency. This technology is the backbone of many corporations and is one of the last expenses these entities will cut. Source: InvestorPlace Wed, 06 Dec 2023 05:00:00 -0500 Sentiment: Positive |
Technicals 52 Week Hi: 207.78 52 Week Low: 84.93 Beta: 0.867 50 Day MA: 171.9974 200 Day MA: 142.0205 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0 Qtr Revenue Growth YOY: 0.397 Forward PE: 86.2069 Trailing PE: 0