Observed Signal · Sep 17, 2026 · Other · Source: CNBC Investing · Impact: 1/5 · Sentiment: Positive

Financials Market: Cybersecurity stock Zscaler's charts turn bullish: Jay Woods

Zusammenfassung des Signals

In a CNBC Pro segment, technician Jay Woods discusses Zscaler (ZS), a cybersecurity company that has underperformed its sector peers. While CrowdStrike, Fortinet, Okta, and Palo Alto Networks have gained over 100% year-to-date, Zscaler shares fell as much as 65% from 52-week highs and remain down 13% this year. However, Woods observes a bottoming formation on both daily and weekly charts, with a bullish crossover in MACD and a breakout above $195 resistance. He suggests upside targets of $250-$265, representing 25-30% potential upside, with support at $165. The analysis highlights relative rotation within the cybersecurity sector, indicating that laggards like Zscaler may see renewed strength.

Polaris7 AgentStrategische Einordnung
Hohe Konfidenz

Minor stock analysis focusing on a single cybersecurity stock's technical chart patterns; limited industry-wide impact for AdTech/MarTech.

Wichtigste Kernpunkte & Evidenz

  • Zscaler (ZS) shares fell as much as 65% from 52-week highs and remain down 13% year-to-date.
  • CrowdStrike, Fortinet, Okta, and Palo Alto Networks have each gained over 100% year-to-date.
  • Jay Woods identifies a bullish double bottom formation on Zscaler's weekly chart.
  • Zscaler's price is breaking above a major resistance level of $195.
  • Woods sets a support level at $165 and upside targets of $250-$265.
Primary Source Grounding & Direct Attribution
Direct Origin Attribution
Primary Reporting: CNBC InvestingPublished: Sep 17, 2026
Original Coverage Title: One cybersecurity stock has lagged of late. Jay Woods says the charts are now turning bullish

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