Trading Signals: RNG Stock Price Prediction and Forecast

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Wed. Aug. 23, 2017

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

(RingCentral, Inc.)
RNG latest price $39.0000 (1.69%) ($37.9500 - $39.4000) on Wed. Aug. 23, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.22% (three month average)
RSI   75
Latest Price   $39.0000(1.69%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG declines -0.2% a day on average for past five trading days.
Weekly Trend   RNG advances 3.1% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
SKYY(63%)    IBUY(62%)    ARKK(57%)    IWF(56%)    QQQ(56%)
Factors Impacting RNG price   RNG will decline at least -1.11% in a week (0% probabilities).
VIXM(-14%)    UUP(-6%)    GDXJ(-6%)    UNG(-2%)    TBT(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.11% (StdDev 2.22%)
Hourly BBV 0 ()
Intraday Trend 2.4%

5 Day Moving Average   $38.38(1.62%)
10 Day Moving Average   $38.59(1.06%)
20 Day Moving Average   $37.16(4.95%)
To recent high   -1%
To recent low   14.7%
Market Cap   $3.469b

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 4.68% (three month std-dev: 2.22%) daily (68% of days).

Sample size 22 Average positive next day return: 1.38%(59%) Average negative next day return: -1.3%(41%) Sample size 22 Average positive next three day return: 3.42%(32%) Average negative next three day return: -3.35%(68%) Sample size 22 Average positive next weekly return: 4.76%(32%) Average negative next weekly return: -4.67%(68%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170923

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	Aug_23_2017	34.5	37.16	38.59	38.38	38.24	38.27	39(1.69%)	UT	OpenLong	75	0.4	22	-10	2	83	0.62	54%	0.32	45.1	2.22%	0	1.1	75	0
2	Aug_22_2017	34.39	37.01	38.56	38.46	38.28	38.06	38.35(0.52%)	UD	OpenLong	65	-0.1	18	-50	-13	110	0.71	56%	0.32	47.6	2.21%	0	0.8	71	0
3	Aug_21_2017	34.28	36.87	38.34	38.63	38.66	38.21	38.15(-0.26%)	UD	OpenLong	65	-0.3	19	-80	-15	122	0.33	56%	0.29	51	2.22%	0	0.8	65	0
4	Aug_18_2017	34.18	36.73	38.07	38.87	38.89	38.49	38.25(0.26%)	UD	OpenLong	65	-0.4	22	-70	-16	135	0.43	58%	0.32	53.9	2.27%	0	0.9	68	0
5	Aug_17_2017	34.07	36.56	37.78	38.88	39.07	39.11	38.15(-3.17%)	UD	OpenLong	75	-0.4	37	20	1	146	0.8	55%	0.32	51	2.27%	0	0.9	65	0

6	Aug_16_2017	33.96	36.39	37.44	38.79	38.85	39.29	39.4(0.51%)	UT	OpenLong	75	0.4	45	80	13	141	0.41	57%	0.35	44.5	2.3%	0	1.8	67	0
7	Aug_15_2017	33.84	36.21	36.99	38.67	38.48	39.04	39.2(-0.38%)	UD	OpenLong	75	0.4	59	90	32	140	0.35	58%	0.39	43.4	2.31%	0	2	65	0
8	Aug_14_2017	33.71	36.02	36.61	38.01	38.24	38.41	39.35(2.74%)	UT	OpenLong	75	1	61	50	42	118	0.55	58%	0.36	33.3	2.32%	0	2.5	67	0
9	Aug_11_2017	33.59	35.83	36.14	37.16	37.34	37.93	38.3(1.59%)	UT	OpenLong	75	1	35	130	22	74	0.61	58%	0.36	16.3	2.3%	0	2.2	65	0
10	Aug_10_2017	33.47	35.72	35.8	36.51	36.66	38.06	37.7(-2.84%)	UD	OpenLong	75	1.2	55	280	53	62	1.21	58%	0.33	-2.4	2.31%	0	1.9	65	0

11	Aug_9_2017	33.36	35.67	35.59	35.88	35.89	36.76	38.8(8.08%)	UT	OpenLong	75	3	55	170	58	46	3.16	60%	0.36	-13.5	2.27%	0	3.2	73	0
12	Aug_8_2017	33.24	35.56	35.26	35.1	35.51	35.26	35.9(2.28%)	N/A	N/A	0	1.1	4	-10	8	-8	0.54	53%	0.24	-42.6	2.05%	0	0.5	48	0
13	Aug_7_2017	33.16	35.58	35.23	35.02	35.48	35.03	35.1(0.14%)	DP	OpenShort	-75	0.1	-18	-50	-16	-22	0.55	51%	0.24	-40.4	2.09%	0	-0.6	44	0
14	Aug_4_2017	33.08	35.65	35.23	34.96	35.52	35.76	35.05(1.45%)	DP	OpenShort	-75	0.1	-10	100	-5	-24	0.86	51%	0.24	-41.1	2.09%	0	-0.8	43	0
15	Aug_3_2017	33	35.74	35.25	34.98	35.53	35.93	34.55(-1%)	N/A	N/A	0	-0.6	4	130	14	-27	1.1	51%	0.24	-37.7	2.08%	0	-1.5	35	0

16	Aug_2_2017	32.92	35.8	35.29	35.23	35.22	35.27	34.9(-1.69%)	DT	OpenShort	-75	-0.5	-14	10	-5	-41	1.16	51%	0.24	-42.8	2.08%	0	-1.3	31	0
17	Aug_1_2017	32.84	35.87	35.39	35.44	35.39	35.13	35.5(2.01%)	DP	OpenShort	-75	0.1	-13	-60	-4	-41	1.02	51%	0.27	-38.9	2.07%	0	-0.5	34	0
18	Jul_31_2017	32.75	35.88	35.42	35.47	35.53	35.17	34.8(-1%)	DT	OpenShort	-75	-0.9	-24	-70	-16	-49	0.55	51%	0.28	-51	2.07%	0	-1.5	39	0
19	Jul_28_2017	32.66	35.97	35.53	35.58	35.67	35.64	35.15(-1.82%)	DT	OpenShort	-75	-0.6	-14	0	-4	-44	0.63	51%	0.25	-64.5	2.07%	0	-1.2	39	0
20	Jul_27_2017	32.58	36.03	35.65	35.54	35.58	35.9	35.8(-0.42%)	N/A	N/A	0	0.4	-0	70	14	-44	0.58	55%	0.31	-76.7	2.06%	0	-0.4	39	0

21	Jul_26_2017	32.48	36.11	35.77	35.34	35.34	35.7	35.95(0.84%)	DP	OpenShort	-65	0.8	-1	70	13	-41	0.45	55%	0.31	-73.9	2.15%	0	-0.2	54	0
22	Jul_25_2017	32.38	36.15	35.88	35.35	35.14	35.26	35.65(0.85%)	DP	OpenShort	-65	0.4	-7	10	4	-39	0.68	55%	0.28	-69.3	2.15%	0	-0.7	47	0
23	Jul_24_2017	32.29	36.25	35.94	35.38	35.24	34.98	35.35(1.14%)	DP	OpenShort	-75	-0	-14	-60	-6	-37	0.56	56%	0.28	-58.6	2.15%	0	-1.2	51	0
24	Jul_21_2017	32.2	36.41	36.06	35.48	35.42	35.02	34.95(0.43%)	DP	OpenShort	-75	-0.6	-27	-80	-23	-40	0.53	56%	0.28	-32.8	2.17%	0	-1.6	42	0
25	Jul_20_2017	32.11	36.54	36.27	35.77	35.72	35.5	34.8(-3.33%)	DT	OpenShort	-75	-1.1	-26	-50	-26	-25	0.93	56%		-14.3	2.18%	0	-2	43	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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