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ZS

weekly
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BOTTOMING ATTEMPT
Support
$170
Resistance
$189
ZS Zscaler Inc. weekly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — bottoming attempt as of May 22, 2026
ZS Weekly chart 2026-05-22 20:39:43 UTC
AI-generated analysis — not financial advice. For educational purposes only.

ZS Weekly Technical Analysis Summary

As of May 22, 2026, ZS (Zscaler Inc.) is in a bottoming attempt state on the weekly chart, with a confidence level of 63%. Key support is at $170 and key resistance at $189. Weekly rebound from ~$120–$130 capitulation low; price now ~$182.41 but still below EMA50/EMA100 and under the ~$190–$200 long-term MA cluster; RSI rebounded to ~50.

Price Scenarios & Targets

bullish

Base-build under the $188–$200 supply, then grind higher; likely Wave (A)/(1) rebound continues but needs time to absorb overhead MAs. Expect a pullback/retest near $175–$180 before another push.

Price Target
$218
Path to target
First move
$202
Pullback
$176
Final target
$218

bearish

Rejection at the SMA200/EMA200 area ($188–$198) triggers another leg down (a Wave (C)/(5) flush attempt), revisiting the prior swing low zone; buyers must defend $120–$130 to keep a larger bottoming thesis alive.

Price Target
$130
Path to target
First move
$160
Pullback
$188
Final target
$130

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Weekly close(s) above $210 holding above EMA100 (cyan) and EMA50 (pink).

✗ Invalidation

Weekly close back below $160 (losing the rebound structure and reopening downside).

Position Entry & Exit Levels

⊕ Add

Start $168 – $176
Add $152 – $162
Heavy $122 – $132

Start near EMA20/near-term pivot support, add on breakdown-retest of the $160 shelf, heavy add only at the prior capitulation swing-low demand zone ($120–$130).

⊖ Derisk

Trim 1 $235 – $255
Trim 2 $280 – $310
Close $320 – $350

Trim into prior supply/major MA extensions (SMA50/SMA100 zones) and close into a full mean-reversion back to the old highs where upside is most stretched vs long-term averages and Fibonacci retrace targets.

Frequently Asked Questions

What is the weekly technical outlook for ZS today?

As of May 22, 2026, ZS (Zscaler Inc.) is in a bottoming attempt state on the weekly chart with 63% confidence. Weekly rebound from ~$120–$130 capitulation low; price now ~$182.41 but still below EMA50/EMA100 and under the ~$190–$200 long-term MA cluster; RSI rebounded to ~50.

What are the weekly support and resistance levels for ZS?

On the weekly timeframe, ZS has key support at $170 and key resistance at $189. The most likely scenario (bullish) targets $202 and $218, with a revert level at $176.

Is ZS in an uptrend or downtrend?

ZS (Zscaler Inc.) is currently classified as bottoming attempt on the weekly chart, with 63% confidence. Confirmation requires: Weekly close(s) above $210 holding above EMA100 (cyan) and EMA50 (pink). This would be invalidated by: Weekly close back below $160 (losing the rebound structure and reopening downside).

What are the price targets for ZS?

The most likely scenario (bullish) targets $202 and $218, with a revert level at $176. The alternative scenario (bearish) targets $160 and $130.

Other Timeframes for ZS
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