Zynga Inc (ZNGA): Price Down $-0.07 (-0.7)% Over Past Day, Up $0.06 (0.56)% Over Past Hour

The Hourly View for ZNGA

At the moment, ZNGA (Get Ratings)’s price is up $0.06 (0.56%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as ZNGA has now gone down 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 50 hour moving average has been crossed, so that price is now turning above it. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

ZNGA ranks 134th in terms of today’s price percentage change out of Business Services stocks.

ZNGA’s Technical Outlook on the Daily Chart

At the moment, ZNGA’s price is down $-0.07 (-0.7%) from the day prior. This move is a reversal from the day prior, which saw price move up. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows ZNGA’s price action over the past 90 days.

ZNGA

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ZNGA: Daily RSI Analysis

  • For ZNGA, its RSI is now at 63.4146.
  • ZNGA and RSI both have consistent trends, as they are both heading up.

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