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ZS

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BOTTOMING ATTEMPT
Support
$153
Resistance
$171
ZS Zscaler Inc. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — bottoming attempt as of May 22, 2026
ZS Daily chart 2026-05-22 20:39:42 UTC
AI-generated analysis — not financial advice. For educational purposes only.

ZS Daily Technical Analysis Summary

As of May 22, 2026, ZS (Zscaler Inc.) is in a bottoming attempt state on the daily chart, with a confidence level of 66%. Key support is at $153 and key resistance at $171. Sharp rebound from the ~$120 swing low, now breaking above the prior consolidation and reclaiming short-term MAs; price is still below the larger downtrend MAs (EMA100/200, SMA200).

Price Scenarios & Targets

bullish

Bullish continuation: pullback holds above reclaimed EMA50, then push into/through the $171 zone; if cleared, price likely mean-reverts toward the next supply cluster near $198-$200 (EMA200) and then $224 (SMA200). Rough probability 60%.

Price Target
$198
Path to target
First move
$171
Pullback
$160
Final target
$198

bearish

Bearish fade: RSI-overbought rally rejects at $171, rolls over and retests the base; a failure to hold the reclaimed short-term MAs risks a deeper retest toward the ~$140 area and possibly the ~$120 swing low. Rough probability 40%.

Price Target
$140
Path to target
First move
$153
Pullback
$165
Final target
$140

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Daily close above $171 (EMA100 area) for 2+ sessions

✗ Invalidation

Daily close back below $153 (EMA50 area)

Position Entry & Exit Levels

⊕ Add

Start $155 – $162
Add $145 – $153
Heavy $120 – $135

Start on controlled pullbacks above EMA50; add on EMA50/SMA50 confluence retest; heavy add only near prior capitulation/base lows (swing-low support).

⊖ Derisk

Trim 1 $198 – $205
Trim 2 $224 – $240
Close $280 – $320

Trim into major overhead MAs (EMA200/SMA200) and prior breakdown supply; close into a full mean-reversion toward the old distribution zone highs where upside becomes most stretched.

Frequently Asked Questions

What is the daily technical outlook for ZS today?

As of May 22, 2026, ZS (Zscaler Inc.) is in a bottoming attempt state on the daily chart with 66% confidence. Sharp rebound from the ~$120 swing low, now breaking above the prior consolidation and reclaiming short-term MAs; price is still below the larger downtrend MAs (EMA100/200, SMA200).

What are the daily support and resistance levels for ZS?

On the daily timeframe, ZS has key support at $153 and key resistance at $171. The most likely scenario (bullish) targets $171 and $198, with a revert level at $160.

Is ZS in an uptrend or downtrend?

ZS (Zscaler Inc.) is currently classified as bottoming attempt on the daily chart, with 66% confidence. Confirmation requires: Daily close above $171 (EMA100 area) for 2+ sessions This would be invalidated by: Daily close back below $153 (EMA50 area)

What are the price targets for ZS?

The most likely scenario (bullish) targets $171 and $198, with a revert level at $160. The alternative scenario (bearish) targets $153 and $140.

Other Timeframes for ZS
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