Trading Signals: RNG Stock Price Prediction and Forecast

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Wed. Jun. 28, 2017

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

(RingCentral, Inc.)
RNG latest price $37.5000 (1.9%) ($36.2500 - $37.6500) on Wed. Jun. 28, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2% (three month average)
RSI   45
Latest Price   $37.5000(1.9%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 0.4% 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   Broad based 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% in a week (0% probabilities).
VIXM(-14%)    UUP(-6%)    GDXJ(-6%)    UNG(-2%)    TBT(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1% (StdDev 2%)
Hourly BBV 0 ()
Intraday Trend 1.4%

5 Day Moving Average   $37.63(-0.35%)
10 Day Moving Average   $36.91(1.6%)
20 Day Moving Average   $36.48(2.8%)
To recent high   -3%
To recent low   37.6%
Market Cap   $3.336b

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 3.21% (three month std-dev: 2%) daily (68% of days).

Sample size 5 Average positive next day return: 5.77%(60%) Average negative next day return: -2.5%(40%) Sample size 5 Average positive next three day return: 6.98%(60%) Average negative next three day return: -3.32%(40%) Sample size 5 Average positive next weekly return: 12.24%(40%) Average negative next weekly return: -3.64%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170728

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	Jun_28_2017	30.4	36.48	36.91	37.63	37.7	37.23	37.5(1.9%)	UD	OpenLong	65	-0.1	8	-80	-11	64	0.53	65%	0.5	74.1	2%	0	0.9	45	INF
2	Jun_27_2017	30.25	36.32	36.73	37.5	37.73	37.79	36.8(-2.26%)	UD	OpenLong	65	-0.6	10	30	-4	51	0.56	65%	0.5	68.2	1.99%	0	0.4	48	INF
3	Jun_26_2017	30.1	36.2	36.63	37.38	37.55	38.17	37.65(-2.59%)	UD	OpenLong	75	0.2	32	130	25	51	0.8	67%	0.47	63.8	1.96%	0	1.2	54	INF
4	Jun_23_2017	29.96	36.02	36.39	37.17	37.08	37.68	38.65(2.93%)	UT	OpenLong	75	1.2	44	110	44	45	0.84	70%	0.54	58.9	1.93%	0	2.1	62	INF
5	Jun_22_2017	29.8	35.81	36.05	36.54	36.63	36.94	37.55(1.9%)	UT	OpenLong	75	0.9	28	70	33	11	0.53	68%	0.51	59.1	1.9%	0	1.5	62	INF

6	Jun_21_2017	29.65	35.63	36.08	36.1	36.15	36.48	36.85(1.8%)	UT	OpenLong	75	0.7	16	70	17	12	0.48	63%	0.47	58.3	1.9%	0	1.1	63	INF
7	Jun_20_2017	29.51	35.5	36.1	35.85	35.77	36.33	36.2(-1.09%)	UD	OpenLong	75	0.3	19	100	17	23	0.6	63%	0.44	55.6	1.96%	0	0.6	63	INF
8	Jun_19_2017	29.38	35.42	36.14	35.76	35.68	35.82	36.6(3.1%)	UT	OpenLong	75	0.8	30	20	26	42	1.01	63%	0.41	59.8	1.96%	0	1.1	65	INF
9	Jun_16_2017	29.26	35.28	36.08	35.5	35.47	35.21	35.5(0.42%)	UD	OpenLong	65	0	5	-50	-5	34	0.87	61%	0.45	59.1	1.93%	0	0.2	62	INF
10	Jun_15_2017	29.13	35.14	36.07	35.48	35.31	35.54	35.35(-0.7%)	N/A	N/A	0	-0.1	-14	30	-28	30	0.45	63%	0.41	53.3	1.94%	0	0.2	56	INF

11	Jun_14_2017	29.01	34.99	36.03	36.07	35.71	35.72	35.6(-0.42%)	UD	OpenLong	75	-0.3	19	-30	0	76	0.61	63%	0.42	61.1	1.95%	0	0.4	60	INF
12	Jun_13_2017	28.89	34.89	35.9	36.39	36.17	35.09	35.75(1.27%)	N/A	N/A	0	-0.4	0	-230	-27	82	0.61	63%	0.42	72.5	1.96%	0	0.6	60	INF
13	Jun_12_2017	28.77	34.76	35.77	36.58	36.54	35.7	35.3(-0.28%)	N/A	N/A	0	-0.9	-17	-160	-50	83	0.97	63%	0.45	79.7	1.96%	0	0.4	57	INF
14	Jun_9_2017	28.64	34.62	35.66	36.72	36.94	37.26	35.4(-7.57%)	UD	OpenLong	75	-0.8	30	80	2	115	1.57	63%	0.49	77.3	1.96%	0	0.5	61	INF
15	Jun_8_2017	28.5	34.47	35.6	36.7	36.65	37.38	38.3(2.96%)	UT	HoldLong	65	1	89	140	59	180	1.03	72%	0.6	73.6	1.68%	0	2.4	86	INF

16	Jun_7_2017	28.33	34.14	35.16	35.98	35.93	36.62	37.2(1.36%)	UT	HoldLong	65	0.8	81	130	54	161	0.91	70%	0.53	65.4	1.66%	0	2.1	85	INF
17	Jun_6_2017	28.18	33.87	34.85	35.36	35.28	35.93	36.7(1.94%)	UT	OpenLong	75	1	69	120	48	132	1.53	70%	0.32	55.5	1.66%	0	2.1	67	INF
18	Jun_5_2017	28.09	33.61	34.6	34.86	34.72	35.25	36(1.98%)	UT	OpenLong	75	0.9	58	90	39	115	0.89	69%	0.5	46.3	1.65%	0	2	67	INF
19	Jun_2_2017	27.95	33.45	34.38	34.46	34.34	34.64	35.3(1.73%)	UT	OpenLong	75	0.8	42	50	22	103	0.6	68%	0.5	46	1.64%	0	1.7	69	INF
20	Jun_1_2017	27.81	33.32	34.11	34.33	34.18	34.18	34.7(1.76%)	UT	OpenLong	75	0.4	29	-10	7	93	0.41	67%	0.47	51	1.64%	0	1.4	65	INF

21	May_31_2017	27.68	33.22	33.85	34.22	34.22	34.04	34.1(-0.29%)	UD	OpenLong	65	-0.1	17	-40	-6	85	0.54	65%	0.47	62.2	1.66%	0	0.9	67	INF
22	May_30_2017	27.55	33.14	33.79	34.25	34.28	34.18	34.2(0.59%)	UD	OpenLong	65	-0.1	20	-20	-8	105	0.46	65%	0.69	76.2	1.66%	0	1.1	67	INF
23	May_26_2017	27.36	33.06	33.68	34.3	34.27	34.4	34(-1.88%)	UD	OpenLong	75	-0.3	33	20	3	124	0.56	68%	0.48	92.4	1.72%	0	1	67	INF
24	May_25_2017	27.23	32.95	33.52	34.26	34.24	34.38	34.65(1.46%)	UT	OpenLong	75	0.4	53	30	27	129	0.58	71%	0.48	106.6	1.71%	0	1.9	60	INF
25	May_24_2017	27.1	32.82	33.29	33.84	33.93	34.14	34.15(-0.29%)	UD	OpenLong	75	0.3	43	50	24	99	0.65	71%		101.4	1.72%	0	1.4	57	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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