ZYNGA INC.

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Type:	Stocks
Ticker:	ZNGA
ISIN:

ZYNGA INC. - Daily - Technical analysis published on 07/02/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

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ZYNGA INC. Chart

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 6.02 USD

My targets

6.49 USD (+3.84%)

My analysis

The bullish trend is currently very strong on ZYNGA INC.. As long as the price remains above the support at 6.02 USD, you could try to benefit from the boom. The first bullish objective is located at 6.49 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay.

Additional analysis

Quotes

ZYNGA INC. rating 6.25 USD. The price has increased by +1.96% since the last closing and was traded between 6.16 USD and 6.28 USD over the period. The price is currently at +1.46% from its lowest and -0.48% from its highest.

6.16

6.28

6.25

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of ZYNGA INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	4.36	5.23	6.02	6.25	6.49
Change (%)	-30.24%	-16.32%	-3.68%	-	+3.84%
Change	-1.89	-1.02	-0.23	-	+0.24
Level	Major	Intermediate	Major	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.81	5.89	6.01	6.08	6.20	6.28	6.40
Camarilla	6.08	6.09	6.11	6.13	6.15	6.17	6.18
Woodie	5.84	5.90	6.03	6.09	6.23	6.29	6.42
Fibonacci	5.89	5.96	6.01	6.08	6.16	6.20	6.28

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.55	5.67	5.90	6.03	6.26	6.38	6.61
Camarilla	6.03	6.06	6.10	6.13	6.16	6.20	6.23
Woodie	5.60	5.70	5.95	6.05	6.31	6.41	6.66
Fibonacci	5.67	5.81	5.89	6.03	6.16	6.25	6.38

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	57.61
MACD (12,26,9):	0.0000
Directional Movement:	8.01
AROON (14):	-78.57
DEMA (21):	6.11
Parabolic SAR (0,02-0,02-0,2):	5.80
Elder Ray (13):	0.13
Super Trend (3,10):	6.35
Zig ZAG (10):	6.25
VORTEX (21):	0.9700
Stochastique (14,3,5):	62.96
TEMA (21):	6.02
Williams %R (14):	-6.25
Chande Momentum Oscillator (20):	0.02
Repulse (5,40,3):	3.2700
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	8.35

MA7:	6.02
MA20:	6.17
MA50:	6.04
MA100:	5.63
MAexp7:	6.08
MAexp20:	6.10
MAexp50:	5.97
MAexp100:	5.61
Price / MA7:	+3.82%
Price / MA20:	+1.30%
Price / MA50:	+3.48%
Price / MA100:	+11.01%
Price / MAexp7:	+2.80%
Price / MAexp20:	+2.46%
Price / MAexp50:	+4.69%
Price / MAexp100:	+11.41%

News

The latest news and videos published on ZYNGA INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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