Zscaler Inc. (ZS) stock price extended its decline in its latest intraday trading, breaking below the key support level at $142.00, amid the emergence of negative signals from the Stochastic indicator. Negative pressure continues as the stock trades below its 50-day SMA, reinforcing the stability and dominance of the primary bearish trend in the short term, especially with price moving alongside a trendline supporting this path.

Therefore we expect the stock price to decline during its upcoming trading sessions, especially as long as it remains below $142.00, targeting the next support level at $118.00.

Todays price forecast: Bearish