The Hourly View for ZNGA
At the moment, ZNGA (Get Ratings)’s price is up $0.09 (0.82%) from the hour prior. ZNGA has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. 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, with price now being above it. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Out of Business Services stocks, ZNGA ranks 273rd in regards to today’s price percentage change.
ZNGA’s Technical Outlook on the Daily Chart
At the moment, ZNGA’s price is up $0.06 (0.58%) from the day prior. This is the 3rd day in a row ZNGA has seen its price head up. Regarding the trend, note that the strongest trend exists on the 20 day timeframe. Of note is that the 20 day changed directions on ZNGA; it is now pointing down. The moving averages on the daily 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. Zynga Inc’s price action over the past 90 days can be seen via the chart below.
ZNGA: Daily RSI Analysis
For ZNGA News Traders
Investors and traders in ZNGA may be particularly interested in the following story that came out in the past day:
SAN FRANCISCO, July 19, 2021–Zynga Announces ‘National Words With Friends Day’ with Inaugural In-Game Festival Celebrating Iconic Game Franchise’s 12th Birthday
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