Zillow Group Inc Class A | ZG

Daily Technical Analysis of Zillow Group Inc Class A

Investors didn't show much interest in one Zillow Groupclass A way or another today. It hasn't moved too much today but is slightly down, it lost -0.33% since yesterday. It looks like ZG may be interacting with a downward sloping resistance line. This may be an opportunity to short sell. Zillow Groupclass A has been drifting up over the last few months, we'll see if it has the energy to break through or if buyers decide to take profit.

If the price breaks through the resistance level it will probably move up to the $47.86 where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $40.76 level, hard to say where it will go from there though.

Analyst Ratings for Zillow Groupclass A By Price Target And Rating

Analysts currently have an extremely positive outlook for ZILLOW GROUPCLASS A. This normally relates to positive future price increases, especially on pullbacks. The current Analysts Sentiment Score is 395.33. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2023-03-08 Barclays increased their price target by 25% to $30.00. JPMorgan Chase & Co. announced that they are initiating coverage with a rating of Overweight on 2023-02-27 and they set their price target at $48.00.On 2023-02-17 The Goldman Sachs Group increased their price target by 14.29% to $36.00. DA Davidson provided a price target boost of 31.71% to $54.00 from $41.00 on 2023-02-17. On 2023-02-17 Citigroup increased their price target by 18% to $59.00. On 2023-02-16 Canaccord Genuity Group increased their price target by 8.33% to $52.00. On 2023-02-16 Craig Hallum increased their price target by 52.63% to $58.00. Royal Bank of Canada gave a boost to their price target and moved to $50.00 from $42.00 on 2023-02-16. Wedbush provided a price target boost of 22.58% to $38.00 from $31.00 on 2023-02-16. Sanford C. Bernstein boosted their price targ by 16.67% to $35.00 on 2023-02-16.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for ZILLOW GROUPCLASS A

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for ZILLOW GROUPCLASS A

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.