A look at ZS technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 53.54 point. Its trading volume has lost -743822 shares compared to readings over the past three months as it recently exchanged 1376178 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 2120000 shares, and this is 0.65 times the normal volume.
Zscaler, Inc. (NASDAQ:ZS) climbed by 46.2% over the past three months which led to its overall six-month increase to stand at 82.53%. The equity price rose 2.03% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a -1.52% fall over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 128.56% and is now up by 68.99% since start of this year.
The shares of Zscaler, Inc. dropped by -9.16% or -$6.68 from its last recorded high of $72.94 which it attained on January 04 to close at $66.26 per share. Over the past 52 weeks, the shares of Zscaler, Inc. has been trading as low as $24.76 before witnessing a massive surge by 167.61% or $41.5. This price movement has led to the ZS stock receiving more attention and has become one to watch out for. It dipped by -1.16% on Tuesday and this got the market worried. The stock’s beta now stands at 0 and when compared to its 200-day moving average and its 50-day moving average, ZS price stands 47.71% above and 10.65% above respectively. Its average daily volatility for this week is 3.88% which is less than the 4.88% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Zscaler, Inc. (ZS) with most of them predicting a $57.29 price target on a short-term (12 months) basis. The average price target by the analysts will see a -13.54% rise in the stock and would lead to ZS’s market cap to surge to $7.13B. The stock has been rated an average 2.4, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 15 analysts that track Zscaler, Inc. (NASDAQ:ZS) and find out that 7 of them rated it as a Hold. 7 of the 8 analysts rated it as a Buy or a Strong Buy while 1 advised investors to desist from buying the stock or sell it if they already possess it.
The price of Stanley Black & Decker, Inc. (NYSE:SWK) currently stands at $145.82 after it went down by $-0.79 or -0.54% and has found a strong support at $145.05 a share. If the SWK price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $144.29 mark would also be bad for the stock as it means that the stock would plunge by 1.05% from its current position. However, if the stock price is able to trade above the resistance point around $146.92, then it could likely surge higher to try and break the upward resistance which stands at $148.03 a share. Its average daily volatility over the past one month stands at 1.82%. The stock has plunged by 0.29% from its 52-weeks high of $145.39 which it reached on Apr. 18, 2018. In general, it is 27.03% above its 52-weeks lowest point which stands at $106.41 and this setback was observed on Oct. 25, 2018.
Analysts have predicted a price target for Stanley Black & Decker, Inc. (SWK) for 1 year and it stands at an average $147.41/share. This means that it would likely increase by 1.09% from its current position. The current price of the stock has been moving between $145.39 and $147.26. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $122. On the other hand, one analyst is super bullish about the price, setting a target as high as $172.
The SWK stock Stochastic Oscillator (%D) is at 87.22%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 1.58 which compares to the 4.28 recorded by the industry or the 40.54 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 15.57, which is lower than the 27.51 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 10.1% over the past five years.
Analysts view Stanley Black & Decker, Inc. (NYSE:SWK) as a Hold, with 2.1 consensus rating. Reuters surveyed 19 analysts that follow SWK and found that 5 of those analysts rated the stock as a Hold. The remaining 14 were divided, with 14 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Stanley Black & Decker, Inc. (SWK) shares or sell it if they already own it.
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