Trading Signals: RNG Stock Price Prediction and Forecast

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Wed. Nov. 13, 2019

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

(RingCentral, Inc.)
RNG latest price $168.0200 (-2.72%) ($165.7500 - $169.0600) on Wed. Nov. 13, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.14% (three month average)
RSI   68
Latest Price   $168.0200(-2.72%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 0.1% a day on average for past five trading days.
Weekly Trend   RNG advances 3.5% a week on average for past two weeks.
Market Behavior   Normal for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
IPO(64%)    SKYY(63%)    IBUY(62%)    ONLN(62%)    ARKK(57%)
Factors Impacting RNG price   RNG will decline at least -2.07% in a week (0% probabilities).
VIXM(-27%)    VXX(-13%)    UUP(-7%)    TBT(-4%)    UNG(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.07% (StdDev 4.14%)
Hourly BBV 0 ()
Intraday Trend 0.1%

5 Day Moving Average   $170.03(-1.18%)
10 Day Moving Average   $166.27(1.05%)
20 Day Moving Average   $162.76(3.23%)
To recent high   -4.9%
To recent low   38.3%
Market Cap   $14.947b

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 3.89% (three month std-dev: 4.14%) daily (68% of days).

Sample size 2 Average positive next day return: 3.2%(100%) Average negative next day return: 0%(0%) Sample size 2 Average positive next three day return: 3.85%(100%) Average negative next three day return: %(0%) Sample size 2 Average positive next weekly return: 5.52%(50%) Average negative next weekly return: 0%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20191213

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	Nov_13_2019	140.49	162.76	166.27	170.03	169.72	169.65	168.02(-2.72%)	UD	OpenLong	65	-0.3	2	-10	-12	45	1.72	63%	0.41	-9.3	4.14%	0	0.8	68	1.3
2	Nov_12_2019	139.91	162.83	165.84	169.83	169.73	170.72	172.71(1.47%)	UT	HoldLong	65	0.4	41	40	30	75	1.2	63%	0.42	-11.3	4.13%	0	1.4	79	1.5
3	Nov_11_2019	139.32	162.9	164.34	167.68	167.98	169.79	170.21(0.22%)	UT	OpenLong	75	0.4	38	80	28	69	0.95	63%	0.41	-16.6	4.13%	0	1	69	1.4
4	Nov_8_2019	138.75	163.1	163.2	165.17	166.85	168.75	169.83(0.26%)	UT	OpenLong	75	0.6	55	110	52	65	1.24	65%	0.36	-23.5	4.13%	0	0.9	58	1.2
5	Nov_7_2019	138.25	163.19	162.2	163.59	164.6	166.17	169.39(1.41%)	UT	OpenLong	75	0.8	35	90	31	48	0.88	65%	0.38	-22.7	4.14%	0	0.8	56	1.1

6	Nov_6_2019	137.73	163.35	160.71	162.01	163.01	164.96	167.03(3.13%)	UT	OpenLong	75	0.6	30	100	30	28	2.1	65%	0.36	-1.5	4.15%	0	0.5	46	1
7	Nov_5_2019	137.23	163.62	158.93	161.35	162.37	163.03	161.96(2.73%)	UT	OpenLong	75	0.1	28	50	34	8	3.45	60%	0.34	26	4.13%	0	-0.2	41	1
8	Nov_4_2019	136.77	164.09	158.09	160.54	161.35	161.06	157.65(-2.63%)	DT	OpenShort	-75	-0.4	-10	0	-4	-29	1.92	60%	0.29	50.5	4.21%	0	-0.8	32	1.3
9	Nov_1_2019	136.37	164.84	158.35	160.8	160.69	161.71	161.91(0.24%)	DP	OpenShort	-75	0.1	-10	40	0	-40	1.05	60%	0.32	81.1	4.19%	0	-0.4	35	1.5
10	Oct_31_2019	135.93	164.94	158.25	160.49	160.93	161.64	161.52(-1.35%)	N/A	N/A	0	0.1	18	40	36	-37	1.11	60%	0.32	74.3	4.19%	0	-0.3	39	1.2

11	Oct_30_2019	135.49	163.46	158.96	159.13	159.71	159.67	163.73(3.71%)	DP	OpenShort	-65	0.3	-1	10	17	-55	0.73	65%	0.33	56.5	4.19%	0	0	39	1.4
12	Oct_29_2019	135.04	161.57	159.5	156.16	157.7	160.22	157.87(-0.7%)	DP	OpenShort	-65	0.1	-3	140	19	-68	1.32	65%	0.27	42.5	4.38%	0	-0.2	33	1.3
13	Oct_28_2019	134.68	160.08	161.24	155.27	156.17	159.74	158.99(-0.85%)	N/A	N/A	0	0.2	31	180	59	-53	1.02	65%	0.28	37	4.38%	0	-0.1	37	1.3
14	Oct_25_2019	134.31	158.6	162.87	155.57	154.96	155.19	160.36(3.65%)	N/A	N/A	0	0.2	0	-0	22	-65	1.05	66%	0.29	33.4	4.39%	0	0.1	37	1.7
15	Oct_24_2019	133.92	156.94	164.12	155.83	156.01	152.6	154.71(3.91%)	DP	OpenShort	-75	-0.1	-62	-150	-53	-88	1.39	67%	0.26	30.3	4.38%	0	-0.1	45	1.5

16	Oct_23_2019	133.57	155.7	166.12	158.93	158.88	154.73	148.89(-2.94%)	DT	OpenShort	-75	-0.5	-89	-180	-98	-60	1.16	67%	0.23	32.4	4.38%	0	-0.3	72	1.5
17	Oct_22_2019	133.26	154.83	168.78	163.33	163.54	159.41	153.4(-4.42%)	CR	SmallShort	-20	-0.5	-57	-170	-78	7	0.95	67%	0.3	37.3	4.36%	0	-0.1	78	1.5
18	Oct_21_2019	132.86	153.67	170.79	167.99	166.95	163.02	160.5(-0.72%)	N/A	N/A	0	-0.3	-49	-180	-88	67	0.92	70%	0.31	42.9	4.32%	0	0.3	80	1.8
19	Oct_18_2019	132.45	152.36	172.13	171.18	170.68	167.67	161.67(-5%)	N/A	N/A	0	-0.4	-11	-130	-61	138	2.08	70%	0.31	49.1	4.32%	0	0.4	79	1.7
20	Oct_17_2019	132.04	150.98	172.51	173.54	173.22	170.87	170.17(-0.44%)	UD	OpenLong	65	-0.1	18	-100	-43	202	0.69	74%	0.4	54.2	4.27%	0	0.8	85	1.8

21	Oct_16_2019	131.52	149.11	168.72	174.39	174.34	173.69	170.92(-3.27%)	UD	OpenLong	65	-0.2	35	-30	-29	226	1.64	74%	0.37	58	4.27%	0	1	82	1.9
22	Oct_15_2019	131.03	147.05	164.2	175.03	175.03	175.58	176.7(0.14%)	UT	HoldLong	65	0.1	74	20	13	255	0.59	74%	0.36	62.3	4.25%	0	1.3	84	1.9
23	Oct_14_2019	130.56	144.65	159.12	174.08	174.53	174.99	176.46(1.74%)	UT	HoldLong	65	0.1	75	30	13	261	0.78	74%	0.43	65.9	4.25%	0	1.5	84	1.6
24	Oct_11_2019	130	142.04	154.13	173.33	173.89	174.48	173.44(-0.58%)	UD	OpenLong	75	0	77	30	15	264	1	74%	0.42	67.9	4.25%	0	1.6	76	1.1
25	Oct_10_2019	129.45	139.62	149.21	171.3	173.22	174.07	174.45(0.2%)	UT	HoldLong	65	0.2	120	70	68	275	0.77	74%		67.3	4.25%	0	1.8	76	-0.2
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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