Zendesk trades at $77.48, after ending yesterday at $77.46.
- United States's Crude Oil Inventories new data released of -12.58 million below its previous figure.
- Zendesk has been pretty quiet for the last 10 days, trading mostly flat and moving by only 18.6 cents on average.
Following a previous reading of -3.69 million, Crude Oil Inventories in United States released today at 15:30 UTC fell short of the -2.76 million figure expected by analysts with an actual reading of -12.58 million. Highly important Pending Home Sales data from United States beat analyst expectations of -5% with a reading of -4.6%.
Technical analysis trend indicators suggest that investors are seeking long positions as Zendesk, Inc. price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. According to asset volatility analysis, Zendesk's upper Bollinger Band® is at $77.5, suggesting that a downward move may follow.
The current technical outlook indicates Zendesk will continue to ebb sideways within tight ranges for the immediate future.
United States Core PCE Price Index (MoM) (Oct) is expected tomorrow at 13:30 UTC. United States Initial Jobless Claims is projected to outperform its last figure with 235,000, having previously been at 240,000. The figure will be published tomorrow at 13:30 UTC.
Intuit is up 2.63%. TSM is up 1.95%. Intel is trading around $28.43 (down 1.64%).
The stock has been trending positively for about 5 months. The software-as-a-service company reached a significant high of $129.12 around 7 months ago but has lost 40% since then.