[Zillow Group, Inc.] Z Stock Price, Quote and Research (2024)

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Regarding the concepts mentioned in the article you provided, let's break them down and provide information on each one:

Support and Resistance:

Support and resistance are key concepts in technical analysis used by traders and investors to identify potential price levels in financial markets. Support refers to a price level at which buying pressure is expected to be strong enough to prevent the price from falling further. It is often seen as a floor or a level where demand for an asset exceeds supply, causing the price to bounce back up. Resistance, on the other hand, is a price level at which selling pressure is expected to be strong enough to prevent the price from rising further. It is seen as a ceiling or a level where supply exceeds demand, causing the price to reverse or consolidate.

MACD (Moving Average Convergence Divergence):

The MACD is a popular technical indicator used to analyze price trends and momentum in financial markets. It consists of two lines: the MACD line and the signal line. The MACD line is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. The signal line is a 9-day EMA of the MACD line. Traders use the MACD to identify potential buy and sell signals, such as when the MACD line crosses above or below the signal line.

RSI (Relative Strength Index):

The RSI is another widely used technical indicator that measures the speed and change of price movements. It oscillates between 0 and 100 and is typically used to identify overbought and oversold conditions in an asset. A reading above 70 is often considered overbought, suggesting a potential reversal or correction, while a reading below 30 is considered oversold, indicating a potential buying opportunity. Traders use the RSI to assess the strength and momentum of a price trend.

Z Stock Summary:

The Z Stock Summary provides an overview of various financial metrics and performance indicators for Zillow Group, Inc. Here are some key points from the summary:

• Earnings are expected to rise by 9.61% next year.
• Zillow has more than 14 years of cash runway, which means it has enough cash to sustain its operations for 176 months.
• Profit margins for Zillow are lower than the previous year, with a margin of -0.08% compared to -0.04% in the previous year.

Top 10 Correlated ETFs and Stocks:

The article mentions the top 10 correlated ETFs and stocks for Zillow (Z). Unfortunately, the specific ETFs and stocks are not provided in the article, so I cannot provide further information on this topic.

In the News:

The article includes several news snippets related to Zillow. Here are some highlights:

• Zillow's Real Estate Operations industry players, including Z and FSV, are in focus due to the growing trend of outsourcing real estate services, increased tech investments, and other emerging industry trends.
• Some growth stocks, including Zillow, are expected to experience corrections in 2024 after a rebound in 2023.
• Zillow says the housing market is breaking free from the "rate lock" phenomenon, as owners appear less deterred by high mortgage rates when considering whether to sell their homes.
• Some companies, including JPMorgan, Apple, and Activision Blizzard, are recalling remote workers and ordering them to spend at least a few days per week in the office.
• Zillow analysts have boosted the price target but downgraded the stock due to volume concerns and real estate commission lawsuits.

Z Financial Details:

The financial details provided for Zillow Group, Inc. include various metrics related to the company's performance. Some key points from the financial details are:

• Zillow's market capitalization is $12.63 billion.
• The company has a negative net income of $143 million.
• Zillow's revenue is $1.91 billion.
• The company has a book value per share of $19.41 and cash per share of $14.
• Zillow's profit margin is -8%.

Z Frequently Asked Questions:

The FAQ section provides answers to common questions about Zillow Group, Inc. Here are some key points:

• Zillow Group, Inc. is a publicly traded company with the stock symbol Z.
• The stock has received various predictions from analysts, with a medium target price of $43.8.
• Zillow Group, Inc. stock price is currently $54.52.
• Zillow Group, Inc. operates in the Communication Services and Internet Content & Information sectors.
• The company has a market capitalization of $12.63 billion and employs approximately 6,150 people.

Please note that the information provided is based on the search results available to me and may not reflect the most up-to-date information. It's always a good idea to verify the information from reliable sources or consult with a financial professional before making any investment decisions.