Zumiez tests the low of its recent trading range, levels to watch The shares recently touched $18.58, which is the low of the trading range that has been in place since October. A breakdown below $18.58 would be price bearish, with next support at $17.71. Breaks of trading ranges that have evolved over time tend to produce larger price reactions. Resistance is at $19.06.
News For ZUMZ From The Last 14 Days
Check below for free stories on ZUMZ the last two weeks.
Zumiez pops after same store sales, upgrade The stock is up over 5% at time of writing to $26.29 following same store sales reported after the close yesterday and an upgrade to Buy at DA Davidson. The current price action, a gap up in price this morning and a "line" across the chart today in a narrow range suggests a short-squeeze may be in progress. Over 8.5% of the float was short as of the last available report. Resistance is at $27.29. Support is at $25.64.
Zumiez reports March SSS down 2.9% Zumiez announced that total net sales for the five-week period ended April 5 increased 4.3% to $63.6M. The company's comparable store sales decreased 2.9% for the five-week period.