Core Viewpoint - Zscaler Inc's stock has reached its lowest level since April, currently trading at $226.95, but is projected to see a 25.9% increase by 2025, with a supportive trendline potentially boosting its performance in 2026 [1] Group 1: Stock Performance - The stock is currently down 0.2% and is within 3% of its 24-month moving average, having closed above this trendline for the past five months [2] - Historical data indicates that when the stock has been within 3% of its 24-month moving average, it has increased one month later 69% of the time, with an average gain of 7.2% [2] - Three months following this signal, the stock has averaged a larger gain of 19.8%, with 67% of those returns being positive [2] Group 2: Options Market Sentiment - At major options exchanges, Zscaler's 50-day put/call volume is higher than 95% of readings from the past year, indicating a potential unwinding of pessimism that could benefit the stock [4] - The Schaeffer's Volatility Index (SVI) for Zscaler is at 28%, which is at the lower end of annual readings, suggesting that options traders are currently pricing in low volatility expectations [4]