Trading Signals: RNG Stock Price Prediction and Forecast

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Wed. Oct. 4, 2017

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

(RingCentral, Inc.)
RNG latest price $43.9000 (-0.68%) ($43.3500 - $44.2000) on Wed. Oct. 4, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.12% (three month average)
RSI   61
Latest Price   $43.9000(-0.68%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 1.7% 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   Growth stock rally 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(63%)    IBUY(62%)    ARKK(57%)    IWF(56%)    QQQ(56%)
Factors Impacting RNG price   RNG will decline at least -1.06% 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   -1.06% (StdDev 2.12%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $42.8(2.57%)
10 Day Moving Average   $41.33(6.22%)
20 Day Moving Average   $41.52(5.73%)
To recent high   -0.7%
To recent low   27.1%
Market Cap   $3.905b

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 3.52% (three month std-dev: 2.12%) daily (68% of days).

Sample size 11 Average positive next day return: 1.83%(36%) Average negative next day return: -1.26%(64%) Sample size 11 Average positive next three day return: 1.05%(55%) Average negative next three day return: -1.9%(45%) Sample size 11 Average positive next weekly return: 2.19%(73%) Average negative next weekly return: -3.73%(27%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171104

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	Oct_4_2017	37.64	41.52	41.33	42.8	43.04	43.95	43.9(-0.68%)	UD	OpenLong	75	0.8	47	160	36	80	0.46	73%	0.29	20.5	2.12%	0	1.6	61	INF
2	Oct_3_2017	37.53	41.39	40.98	42.1	42.13	43.63	44.2(0.45%)	UT	OpenLong	75	1.5	70	250	73	61	0.78	70%	0.29	14.1	2.13%	0	2	61	INF
3	Oct_2_2017	37.42	41.28	40.64	41.06	41.1	42.14	44(5.39%)	UT	OpenLong	75	2.3	57	180	72	12	1.49	70%	0.32	5.8	2.16%	0	2.1	54	INF
4	Sep_29_2017	37.3	41.18	40.32	40.1	40.06	40.63	41.75(3.99%)	N/A	N/A	0	1.5	9	100	29	-52	0.57	63%	0.27	1.1	2.07%	0	0.5	41	INF
5	Sep_28_2017	37.2	41.2	40.27	39.72	39.64	40.06	40.15(-0.62%)	DP	OpenShort	-65	0.4	-7	70	17	-78	0.24	60%	0.22	4.3	2.05%	0	-0.9	29	INF

6	Sep_27_2017	37.12	41.22	40.4	39.65	39.58	39.49	40.4(3.59%)	DP	OpenShort	-65	0.7	-20	-20	5	-94	0.47	58%	0.24	7.9	2.06%	0	-0.7	28	INF
7	Sep_26_2017	37.03	41.2	40.52	39.7	39.6	39.23	39(-0.51%)	DT	OpenShort	-75	-0.6	-48	-70	-28	-107	0.29	52%	0.19	14.2	2.04%	0	-1.8	26	INF
8	Sep_25_2017	36.96	41.21	40.87	40.13	40.04	39.68	39.2(-1.63%)	DT	HoldShort	-65	-0.8	-40	-70	-24	-89	0.36	52%	0.19	26	2.06%	0	-1.6	23	INF
9	Sep_22_2017	36.89	41.17	41.21	40.55	40.51	39.97	39.85(0.13%)	DP	OpenShort	-75	-0.5	-36	-100	-24	-72	0.32	56%	0.19	30.9	2.08%	0	-1	27	INF
10	Sep_21_2017	36.82	41.15	41.47	40.89	40.9	40.4	39.8(-2.09%)	DT	OpenShort	-75	-0.8	-37	-80	-29	-62	0.87	56%	0.19	40.6	2.1%	0	-1	27	INF

11	Sep_20_2017	36.75	41.13	41.77	41.24	41.28	41.06	40.65(-1.22%)	DT	OpenShort	-75	-0.4	-20	-30	-16	-31	0.33	56%	0.22	45.3	2.09%	0	-0.3	57	INF
12	Sep_19_2017	36.67	41.03	41.89	41.46	41.44	41.4	41.15(-0.36%)	DT	OpenShort	-75	-0.2	-11	-10	-12	-9	0.35	58%	0.25	43.9	2.08%	0	0.1	66	INF
13	Sep_18_2017	36.58	40.9	42.02	41.74	41.65	41.51	41.3(-0.6%)	N/A	N/A	0	-0.3	0	-30	-9	27	0.6	58%	0.25	43.1	2.11%	0	0.2	73	INF
14	Sep_15_2017	36.49	40.75	42.14	41.99	41.91	41.49	41.55(0%)	UD	OpenLong	65	-0.2	5	-80	-14	63	0.54	58%	0.27	45.2	2.11%	0	0.5	78	INF
15	Sep_14_2017	36.39	40.59	42.22	42.15	42.17	41.79	41.55(-0.48%)	UD	OpenLong	65	-0.3	7	-60	-21	90	0.44	58%	0.3	47.7	2.11%	0	0.5	65	INF

16	Sep_13_2017	36.28	40.48	42.12	42.15	42.41	42.33	41.75(-1.88%)	UD	OpenLong	65	-0.3	25	-10	-6	116	0.41	58%	0.33	53.5	2.11%	0	0.7	67	INF
17	Sep_12_2017	36.16	40.36	41.95	42.37	42.46	42.55	42.55(0%)	UT	HoldLong	50	0.1	35	20	3	132	0.37	58%	0.36	63	2.1%	0	1.2	75	INF
18	Sep_11_2017	36.03	40.19	41.58	42.35	42.38	42.5	42.55(0.47%)	UT	OpenLong	75	0.1	39	20	5	140	0.32	58%	0.36	77.5	2.1%	0	1.3	75	INF
19	Sep_8_2017	35.9	39.97	41.13	42.35	42.31	42.37	42.35(-0.7%)	UD	OpenLong	75	0	34	10	3	127	0.65	54%	0.36	89.2	2.32%	0	1.4	74	INF
20	Sep_7_2017	35.77	39.73	40.81	42.31	42.27	42.25	42.65(2.16%)	UT	HoldLong	65	0.2	45	-10	13	139	0.38	54%	0.39	101.4	2.34%	0	1.8	76	INF

21	Sep_6_2017	35.63	39.53	40.44	41.84	42.05	42.24	41.75(-1.65%)	UD	OpenLong	75	-0.1	42	50	15	124	0.54	55%	0.37	115.1	2.33%	0	1.5	62	INF
22	Sep_5_2017	35.5	39.24	40.1	41.43	41.5	42.28	42.45(0.24%)	UT	OpenLong	75	0.6	55	140	35	114	0.34	56%	0.37	103.7	2.33%	0	2	67	INF
23	Sep_1_2017	35.37	38.88	39.66	40.67	40.7	41.86	42.35(0%)	UT	HoldLong	50	0.9	64	200	56	89	0.49	58%	0.4	81.3	2.33%	0	1.9	65	INF
24	Aug_31_2017	35.23	38.51	39.23	39.77	39.72	40.73	42.35(5.09%)	UT	OpenLong	75	1.4	50	170	49	54	0.82	58%	0.43	67.7	2.33%	0	2.1	70	INF
25	Aug_30_2017	35.08	38.12	38.78	39.12	39	39.54	40.3(1.51%)	UT	OpenLong	75	0.7	26	90	27	24	0.62	55%		58	2.26%	0	1.3	66	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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