Trading Signals: RNG Stock Price Prediction and Forecast

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Tue. Dec. 8, 2015

Trading Signals: RNG Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Oct. 27, 2023)

(RingCentral, Inc.)
RNG latest price $24.2900 (3.32%) ($23.2100 - $24.3700) on Tue. Dec. 8, 2015.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.17% (three month average)
RSI   74
Latest Price   $24.2900(3.32%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 1.4% a day on average for past five trading days.
Weekly Trend   RNG advances 2.3% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
SKYY(62%)    ARKK(56%)    QQQ(56%)    IWF(55%)    IWO(54%)
Factors Impacting RNG price   RNG will decline at least -1.585% in a week (0% probabilities).
VIXM(-17%)    GDXJ(-6%)    UUP(-4%)    UNG(-2%)    SHY(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.585% (StdDev 3.17%)
Hourly BBV 0 ()
Intraday Trend 4.2%

5 Day Moving Average   $23.56(3.1%)
10 Day Moving Average   $23.24(4.52%)
20 Day Moving Average   $22.55(7.72%)
To recent high   0%
To recent low   31.3%
Market Cap   $2.161b

RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. The firms solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones; and allow for communication across multiple modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings and fax. It sells its products under the RingCentral Professional, RingCentral Glip, and RingCentral Fax brands. The company was founded by Vlad Vendrow and Vladimir Shmunis in 1999 and is headquartered in Belmont, CA.

$. RNG price fluctuates within 4.26% (three month std-dev: 3.17%) daily (68% of days).

Sample size 45 Average positive next day return: 2.87%(38%) Average negative next day return: -1.54%(62%) Sample size 45 Average positive next three day return: 2.83%(47%) Average negative next three day return: -2.62%(53%) Sample size 45 Average positive next weekly return: 3.81%(42%) Average negative next weekly return: -3.71%(58%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160108

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_8_2015	21.62	22.55	23.24	23.56	23.47	23.66	24.29(3.32%)	UT	OpenLong	75	0.8	23	50	14	50	0.63	82%	0.37	63.4	3.17%	0	1.8	74	0
2	Dec_7_2015	21.54	22.38	23.06	23.23	23.31	23.45	23.51(-1.22%)	UD	OpenLong	75	0.3	17	50	8	42	0.43	80%	0.33	63.9	3.19%	0	1.2	78	0
3	Dec_4_2015	21.47	22.24	22.96	23.11	23.11	23.28	23.8(3.52%)	UT	HoldLong	65	0.7	17	50	6	48	0.43	80%	0.42	67.9	3.23%	0	1.6	85	0
4	Dec_3_2015	21.38	22.1	22.82	22.95	23.07	23.17	22.99(-0.91%)	UD	OpenLong	75	0	16	50	4	51	0.45	78%	0.28	81.5	3.24%	0	1	73	0
5	Dec_2_2015	21.32	22.06	22.79	22.94	23.03	22.94	23.2(2.47%)	UT	HoldLong	65	0.3	17	-20	2	63	0.56	78%	0.33	97.3	3.29%	0	1.3	78	0

6	Dec_1_2015	21.25	21.96	22.71	22.87	22.96	22.97	22.64(-1.18%)	UD	OpenLong	65	-0.3	17	10	-2	72	1.04	78%	0.24	113	3.34%	0	0.8	77	0
7	Nov_30_2015	21.2	21.81	22.6	22.86	22.94	23.12	22.91(-0.52%)	UD	OpenLong	75	0.1	24	70	6	79	0.88	78%	0.33	99.6	3.38%	0	1.1	76	0
8	Nov_27_2015	21.13	21.6	22.4	22.78	22.74	22.95	23.03(0.52%)	UT	HoldLong	65	0.2	24	60	6	79	0.19	78%	0.43	0	3.44%	0	1.2	81	0
9	Nov_25_2015	21.04	21.38	22.23	22.67	22.65	22.77	22.91(0.22%)	UT	OpenLong	75	0.2	23	30	5	75	0.25	78%	0.38	0	3.52%	0	1.2	66	0
10	Nov_24_2015	20.96	21.22	22.03	22.62	22.6	22.53	22.86(1.2%)	UT	OpenLong	75	0.2	18	-20	3	63	0.36	78%	0.43	0	3.6%	0	1.2	54	0

11	Nov_23_2015	20.87	21.03	21.82	22.53	22.57	22.52	22.59(0.4%)	UT	OpenLong	75	0	18	-10	5	56	0.37	78%	0.43	0	3.69%	0	1.2	59	0
12	Nov_20_2015	20.78	20.85	21.66	22.29	22.43	22.67	22.5(-0.04%)	UD	OpenLong	75	0.2	24	90	12	60	0.29	78%	0.43	0	3.78%	0	1.3	71	0
13	Nov_19_2015	20.69	20.85	21.46	21.96	22.06	22.62	22.51(-0.62%)	UD	OpenLong	75	0.4	13	190	15	6	0.59	78%	0.49	0	3.88%	0	17.4	74	0
14	Nov_18_2015	20.59	20.85	21.32	21.7	21.6	22.19	22.65(1.03%)	UT	OpenLong	75	0.8	16	180	19	8	0.55	78%	0.59	0	3.97%	0	18.1	75	0
15	Nov_17_2015	20.47	20.85	21.24	21.36	21.24	21.5	22.42(4.96%)	UT	OpenLong	75	0.9	13	70	15	6	1.42	78%	0.59	0	4.09%	0	19	63	0

16	Nov_16_2015	20.35	20.85	21.12	21.03	20.99	21.02	21.36(2.45%)	UT	OpenLong	75	0.3	3	0	3	1	0.49	74%	0.35	0	4.1%	0	19.2	64	0
17	Nov_13_2015	20.28	20.85	20.94	20.95	20.88	20.98	20.85(-1.79%)	UD	OpenLong	75	-0.1	2	20	2	1	0.49	74%	0.2	0	4.22%	0	18.6	62	0
18	Nov_12_2015	20.24	20.85	20.73	20.95	20.83	20.96	21.23(1.38%)	UT	OpenLong	75	0.3	2	40	2	1	1.1	74%	0.4	0	4.32%	0	18.6	50	0
19	Nov_11_2015	20.16	20.85	20.47	20.87	20.77	20.79	20.94(0.92%)	DP	OpenShort	-75	0.1	-4	-10	-5	-2	0.48	74%	0.3	0	4.49%	0	18.2	50	0
20	Nov_10_2015	20.1	20.85	20.36	21.11	20.97	20.7	20.75(-1%)	DT	OpenShort	-75	-0.3	-4	-110	-5	-2	0.7	74%	0.3	0	4.69%	0	17.6	50	0

21	Nov_9_2015	20.04	20.85	20.19	21.24	21.26	20.76	20.96(2.44%)	N/A	N/A	0	-0.2	1	-160	1	0	0.78	74%	0.45	0	4.88%	0	17.3	50	0
22	Nov_6_2015	19.95	20.85	20	20.92	21.37	21.24	20.46(-3.63%)	UD	OpenLong	75	-0.4	4	20	5	2	1.42	74%	0.3	0	5.12%	0	16.6	50	0
23	Nov_5_2015	19.89	20.85	20	20.53	20.91	21.75	21.23(-4.24%)	UD	OpenLong	75	0.5	15	340	18	7	1.16	74%	0.86	0	5.16%	0	16.5	50	0
24	Nov_4_2015	19.72	20.85	20	19.98	20.12	21.5	22.17(3.7%)	UT	OpenLong	75	1.7	24	500	28	11	1.74	74%	1.81	0	5%	0	17.5	50	0
25	Nov_3_2015	19.37	20.85	20	19.52	19.44	20.07	21.38(10.49%)	UT	OpenLong	75	2	21	210	24	10	4.21	74%		0	5.36%	0	23	50	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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