RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ZUMZ
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Wednesday for Zumiez Inc. stock after gaining 2.35%
(Updated on Mar 27, 2024)

Sell candidate since Feb 20, 2024 Loss -17.50% PDF

The Zumiez Inc. stock price gained 2.35% on the last trading day (Wednesday, 27th Mar 2024), rising from $14.46 to $14.80. During the last trading day the stock fluctuated 2.66% from a day low at $14.48 to a day high of $14.87. The price has fallen in 6 of the last 10 days and is down by -3.9% for this period. Volume fell on the last day by -34 thousand shares and in total, 116 thousand shares were bought and sold for approximately $1.72 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -21.75% during the next 3 months and, with a 90% probability hold a price between $10.01 and $13.03 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

ZUMZ Signals & Forecast

There are mixed signals in the stock today. The Zumiez Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $16.42. On a fall, the stock will find some support from the short-term average at $14.56. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 11.11%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Zumiez Inc. stock

Zumiez Inc. finds support from accumulated volume at $14.73 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.385 between high and low, or 2.66%. For the last week, the stock has had daily average volatility of 3.13%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ZUMZ) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Zumiez Inc. to open at $14.72, and during the day (based on 14 day Average True Range), to move between $14.14 and $15.46, which gives a possible trading interval of +/-$0.656 (+/-4.43%) up or down from last closing price. If Zumiez Inc. takes out the full calculated possible swing range there will be an estimated 8.87% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $14.73 (0.47%) than the resistance at $15.40 (4.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Zumiez Inc. stock A Buy?

Zumiez Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -2.189 Sell Candidate Unchanged

Predicted Opening Price for Zumiez Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$14.72 ( 0.574%) $14.80

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ZUMZ

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15.10 2.03 %
R2 14.95 1.03 %
R1 14.86 0.419 %
Current price: 14.80
Support S1 14.57 -1.57 %
S2 14.48 -2.18 %
S3 14.33 -3.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.29 23.58 %
R2 18.21 23.04 %
R1 15.40 4.05 %
Current price 14.80
Support S1 14.73 -0.473%
S2 14.34 -3.11%
S3 13.60 -8.11%

FAQ

What is the symbol for Zumiez Inc. Stock and on which exchange is it traded?
The symbol for Zumiez Inc. is ZUMZ and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Zumiez Inc. Stock?
Zumiez Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Zumiez Inc. Stock?
Zumiez Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Zumiez Inc. Stock.

What's the current price of Zumiez Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Zumiez Inc. (ZUMZ) share was $14.80.

What is the 52-week high and low for Zumiez Inc. Stock?
The 52-week high for Zumiez Inc. Stock is $21.49 and the 52-week low is $12.90.

What is the market capitalization of Zumiez Inc. Stock?
As of the 2024-03-27, the market capitalization of Zumiez Inc. is 293.531M.

When is the next earnings date for Zumiez Inc.?
The upcoming earnings date for Zumiez Inc. is May 30, 2024.
Click to get the best stock tips daily for free!

About Zumiez Inc.

Zumiez. Zumiez Inc., together with its subsidiaries, operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Its hardgoods include skateboards, snowboards, bindings, components, and other equipment. As of February 26, 2022, the company operated 738 stores, including 602 stores in the United States, 52 stores in Canada, 67 stores in Europe, and 17 stores in Australia under the names of Zumiez, Blue Tomato... ZUMZ Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT