Trading Signals: RNG Stock Price Prediction and Forecast

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Thu. Dec. 8, 2016

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

(RingCentral, Inc.)
RNG latest price $23.3500 (3.78%) ($22.2500 - $23.4000) on Thu. Dec. 8, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.5% (three month average)
RSI   51
Latest Price   $23.3500(3.78%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 2.1% a day on average for past five trading days.
Weekly Trend   RNG declines -1.3% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
SKYY(63%)    IBUY(61%)    ARKK(57%)    IWF(56%)    QQQ(56%)
Factors Impacting RNG price   RNG will decline at least -1.25% in a week (0% probabilities).
VIXM(-14%)    GDXJ(-6%)    UUP(-5%)    IPO(-5%)    UNG(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.25% (StdDev 2.5%)
Hourly BBV 0 ()
Intraday Trend 3.8%

5 Day Moving Average   $21.99(6.18%)
10 Day Moving Average   $21.87(6.77%)
20 Day Moving Average   $22.28(4.8%)
To recent high   -3.3%
To recent low   17.9%
Market Cap   $2.077b

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 3.82% (three month std-dev: 2.5%) daily (68% of days).

Sample size 4 Average positive next day return: 4.02%(100%) Average negative next day return: 0%(0%) Sample size 4 Average positive next three day return: 7.68%(75%) Average negative next three day return: -1.98%(25%) Sample size 4 Average positive next weekly return: 8.12%(75%) Average negative next weekly return: -8.31%(25%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170108

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_2016	22.45	22.28	21.87	21.99	21.98	22.48	23.35(3.78%)	N/A	N/A	0	1.6	23	160	36	-17	0.6	51%	0.04	40.1	2.5%	0	1.3	51	INF
2	Dec_7_2016	22.44	22.17	21.79	21.54	21.41	21.86	22.5(3.69%)	DP	OpenShort	-65	1.1	-3	130	17	-63	0.38	49%	0	31.3	2.46%	0	0.4	41	INF
3	Dec_6_2016	22.44	22.09	21.74	21.35	21.26	21.48	21.7(-0.69%)	DP	OpenShort	-65	0.4	-9	60	18	-88	0.41	47%	0	27.5	2.42%	0	-0.4	41	INF
4	Dec_5_2016	22.44	22.05	21.83	21.2	21.18	20.96	21.85(6.33%)	DP	OpenShort	-75	0.7	-30	-80	-4	-108	0.76	47%	-0.04	21.1	2.42%	0	-0.2	46	INF
5	Dec_2_2016	22.45	21.97	21.92	21.24	21.23	21.03	20.55(-2.61%)	DT	OpenShort	-75	-0.7	-56	-70	-34	-123	0.84	43%	-0.04	20.1	2.3%	0	-1.4	39	INF

6	Dec_1_2016	22.46	21.95	22.16	21.73	21.71	21.39	21.1(-2.09%)	DT	OpenShort	-75	-0.6	-33	-110	-19	-76	0.96	44%	-0.04	28.5	2.28%	0	-0.8	49	INF
7	Nov_30_2016	22.47	21.91	22.43	22.08	22.06	21.42	21.55(2.86%)	DP	OpenShort	-75	-0.4	-23	-210	-22	-27	0.89	44%	0	29.3	2.26%	0	-0.3	57	INF
8	Nov_29_2016	22.47	21.85	22.61	22.19	22.34	22.03	20.95(-4.99%)	CR	SmallShort	-20	-1	-23	-80	-31	3	0.85	42%	-0.04	19.5	2.23%	0	-0.7	55	INF
9	Nov_28_2016	22.48	21.84	22.81	22.54	22.51	22.71	22.05(-4.13%)	UD	OpenLong	65	-0.4	11	60	-6	63	0.49	45%	0	18.7	2.14%	0	0.2	65	INF
10	Nov_25_2016	22.48	21.76	22.87	22.68	22.62	22.64	23(0.66%)	UT	HoldLong	65	0.2	34	-0	8	113	0.19	48%	0.27	14.5	2.08%	0	1	76	INF

11	Nov_23_2016	22.42	21.64	22.75	22.67	22.63	22.32	22.85(3.39%)	UT	HoldLong	50	0.1	18	-100	-19	128	0.33	46%	0.13	9.5	2.09%	0	1	77	INF
12	Nov_22_2016	22.39	21.57	22.59	22.87	22.91	22.59	22.1(-2.64%)	UD	OpenLong	65	-0.6	23	-90	-24	164	0.82	44%	0	12.3	2.05%	0	0.4	72	INF
13	Nov_21_2016	22.39	21.57	22.48	23.11	23.24	22.94	22.7(-0.22%)	UD	OpenLong	65	-0.3	46	-70	-8	207	0.52	45%	0.13	22.6	2.02%	0	0.8	76	INF
14	Nov_18_2016	22.36	21.61	22.29	23.12	23.29	23.22	22.75(-0.87%)	UD	OpenLong	65	-0.3	48	0	-7	214	0.74	45%	0.13	29.9	2.02%	0	0.9	67	INF
15	Nov_17_2016	22.33	21.57	22.03	23.08	23.31	23.55	22.95(-3.77%)	UD	OpenLong	75	-0.1	73	100	21	228	0.77	45%	0.13	32	2.02%	0	1.1	72	INF

16	Nov_16_2016	22.3	21.52	21.73	22.83	22.96	23.37	23.85(2.36%)	UT	OpenLong	75	0.8	85	140	41	215	0.5	46%	0.22	29.5	1.97%	0	1.9	74	INF
17	Nov_15_2016	22.25	21.41	21.33	22.27	22.44	23.07	23.3(2.42%)	UT	OpenLong	75	0.9	73	220	46	153	0.55	44%	0.18	17.8	1.97%	0	1.7	60	INF
18	Nov_14_2016	22.21	21.32	21	21.77	21.82	22.54	22.75(0.89%)	UT	OpenLong	75	1	54	240	48	73	0.69	42%	0.14	5	1.95%	0	1.4	44	INF
19	Nov_11_2016	22.18	21.24	20.77	21.34	21.26	21.81	22.55(3.92%)	UT	OpenLong	75	1.2	39	170	50	7	0.77	42%	0.05	-11.6	1.95%	0	1.3	43	INF
20	Nov_10_2016	22.17	21.18	20.52	20.84	20.84	21.09	21.7(3.09%)	N/A	N/A	0	0.9	10	80	36	-68	0.51	38%	0.09	-31.2	1.89%	0	0.5	46	INF

21	Nov_9_2016	22.15	21.16	20.4	20.46	20.46	20.71	21.05(1.2%)	DP	OpenShort	-65	0.6	-19	90	18	-131	0.45	35%	0	-48	1.85%	0	-0.1	41	INF
22	Nov_8_2016	22.15	21.21	20.43	20.24	20.25	20.6	20.8(0.97%)	DP	OpenShort	-65	0.6	-23	120	22	-157	0.51	32%	0.05	-58.4	1.84%	0	-0.4	41	INF
23	Nov_7_2016	22.14	21.27	20.63	20.1	20.25	20.2	20.6(2.74%)	DP	OpenShort	-65	0.5	-33	50	7	-153	0.41	32%	0	-71.4	1.89%	0	-0.7	43	INF
24	Nov_4_2016	22.14	21.35	20.86	20.12	20.01	19.9	20.05(1.26%)	DP	OpenShort	-75	-0.1	-36	-50	-2	-137	0.43	34%	-0.05	-77.4	1.85%	0	-1.3	42	INF
25	Nov_3_2016	22.15	21.48	21.07	20.15	20.14	19.83	19.8(-0.75%)	DT	OpenShort	-75	-0.3	-47	-110	-19	-130	0.53	34%		-82.2	1.92%	0	-1.7	39	INF
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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