| 
March 18, 2023
Yesterday at a glance: Zendesk moves 0.03% to close at $77.48 yesterday.
Trend-focused traders would be interested to note 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.
Meanwhile, mixed performances were seen by other technology stocks as Microsoft traded at $279.43 after closing yesterday's trading day at $276.2 (up 1.17%). Accenture plc Class A (Ireland) lost 1.15% yesterday and closed at $250. Adobe traded at $358.14 after closing yesterday's trading day at $353.29 (up 1.37%).
The stock has been trending positively for about 8 months. 10 months ago the SaaS company reached a significant high of $129.12 but has consequently lost 40% since then.
