Trading Signals: RNG Stock Price Prediction and Forecast

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Mon. Oct. 26, 2020

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

(RingCentral, Inc.)
RNG latest price $283.3000 (-0.51%) ($275.2500 - $287.9200) on Mon. Oct. 26, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.03% (three month average)
RSI   53
Latest Price   $283.3000(-0.51%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   RNG advances 0.5% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
IBUY(67%)    IPO(67%)    ONLN(66%)    SKYY(64%)    IWF(60%)
Factors Impacting RNG price   RNG will decline at least -1.515% in a week (0% probabilities).
VIXM(-24%)    UUP(-16%)    TBT(-10%)    VXX(-9%)    EDOC(-4%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.515% (StdDev 3.03%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $287.6(-1.5%)
10 Day Moving Average   $283.91(-0.21%)
20 Day Moving Average   $282.16(0.4%)
To recent high   -8.7%
To recent low   12.5%
Market Cap   $25.202b

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 2.32% (three month std-dev: 3.03%) daily (68% of days).

Sample size 6 Average positive next day return: 0.87%(33%) Average negative next day return: -1.41%(67%) Sample size 6 Average positive next three day return: 1.15%(50%) Average negative next three day return: -2.8%(50%) Sample size 6 Average positive next weekly return: 1.57%(67%) Average negative next weekly return: -4.81%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201126

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_26_2020	278.03	282.16	283.91	287.6	287.47	284.21	283.3(-0.51%)	DT	OpenShort	-75	-0.7	-48	-80	-60	-13	0.58	59%	0.11	84.1	3.03%	0	0.2	53	-0.4
2	Oct_23_2020	277.72	281.45	284.19	287.52	289.42	286.68	284.75(0.47%)	DP	OpenShort	-75	-0.4	-46	-50	-59	-6	0.64	59%	0.11	79.4	3.05%	0	0.5	59	1.1
3	Oct_22_2020	277.41	280.73	284.42	286.56	288.87	290.74	283.42(-2.87%)	UD	OpenLong	65	-0.4	5	70	-1	22	0.5	59%	0.04	71.4	3.06%	0	0.3	58	1.2
4	Oct_21_2020	277.29	279.62	284.25	285.14	286.94	292.17	291.8(-1%)	UD	OpenLong	75	0.7	125	150	142	74	0.82	61%	0.06	65.3	3.05%	0	1.3	58	0.9
5	Oct_20_2020	277.11	278.11	283.86	282.36	281.73	287	294.74(4.2%)	UT	OpenLong	75	1.4	99	120	111	61	1.12	65%	0.06	61.5	3.08%	0	1.9	64	0.6

6	Oct_19_2020	276.95	276.77	282.39	279.91	279.69	281.71	282.87(1.04%)	UT	OpenLong	75	0.4	68	50	76	44	0.72	62%	0.03	67.2	3.14%	0	0.8	61	0.7
7	Oct_16_2020	276.86	276	281.65	280.61	280.3	276.47	279.95(1.3%)	N/A	N/A	0	-0.1	-31	-100	-42	4	0.93	62%	0.07	67.5	3.15%	0	0.5	62	1.4
8	Oct_15_2020	276.66	274.97	281.25	282.1	282.34	277.67	276.36(-0.54%)	DT	OpenShort	-75	-0.6	-109	-110	-137	-24	1.24	62%	0.09	66.2	3.16%	0	0.1	58	1.6
9	Oct_14_2020	276.41	273.85	281.73	283.09	285.71	284.14	277.87(-1.64%)	CR	SmallShort	-20	-0.5	-37	-10	-57	25	1.13	62%	0.1	54	3.17%	0	0.4	67	2
10	Oct_13_2020	276.14	272.84	281.52	285.4	286.44	287.01	282.5(-1.34%)	UD	OpenLong	65	-0.3	12	20	-6	65	0.87	56%	0.02	56.6	3.17%	0	0.9	68	2.1

11	Oct_12_2020	276.08	271.47	280.43	285.1	286.73	287.29	286.35(-0.37%)	UD	OpenLong	75	0.1	54	30	44	83	0.62	56%	0.09	54.8	3.34%	0	1.4	62	2.7
12	Oct_9_2020	275.82	270.21	278.62	282.78	284.77	285.86	287.41(2.16%)	UT	OpenLong	75	0.4	39	50	29	70	0.63	53%	0.1	48	3.37%	0	1.6	64	2.6
13	Oct_8_2020	275.55	268.55	276.81	280.32	281.59	286.17	281.33(-2.79%)	UD	OpenLong	75	0.1	60	130	53	79	0.62	53%	0.06	33.2	3.36%	0	1.2	67	1.7
14	Oct_7_2020	275.38	268.26	274.73	280.15	279.84	283.69	289.4(2.98%)	UT	HoldLong	65	0.9	126	90	129	115	0.78	53%	0.1	23	3.36%	0	2.1	76	1
15	Oct_6_2020	275.11	266.67	271.87	277.19	277.29	277.01	281.02(2.28%)	UT	OpenLong	75	0.4	49	-10	40	74	0.67	53%	0.07	-8.8	3.34%	0	1.6	68	0.3

16	Oct_5_2020	274.92	265.58	270.56	275.14	275.04	276	274.75(-0.13%)	UD	OpenLong	65	-0	5	20	-12	56	0.86	53%	-0.04	-32.3	3.34%	0	1.1	67	0.6
17	Oct_2_2020	275.04	265.1	269.8	273.75	274.12	277.56	275.11(-1.91%)	UD	OpenLong	75	0.2	78	90	74	89	0.83	53%	0.01	-52.9	3.36%	0	1.2	59	0.4
18	Oct_1_2020	275	265.2	268.12	272.64	271.95	274.08	280.48(2.14%)	UT	OpenLong	75	0.9	90	50	88	94	0.65	53%	-0.01	-58.2	3.35%	0	1.8	67	0.8
19	Sep_30_2020	275.03	265.96	265.26	268.41	268.89	270.68	274.61(1.42%)	UT	OpenLong	75	0.6	47	50	47	46	0.61	56%	-0.01	-50.8	3.35%	0	0.8	47	0.8
20	Sep_29_2020	275.07	267.46	263.41	265.76	265.72	269.82	270.76(1.11%)	UT	OpenLong	75	0.3	47	110	51	36	0.71	52%	-0.01	-36.3	3.41%	0	0.2	56	0.9

21	Sep_28_2020	275.11	268.32	261.77	265.37	264.59	267.11	267.8(-0.65%)	UD	OpenLong	75	0.2	75	60	85	45	0.36	52%	0	-33.8	3.5%	0	-0	54	0.7
22	Sep_25_2020	275.1	269.48	261.12	265.29	263.85	261.63	269.54(3.93%)	UT	OpenLong	75	0.3	9	-80	8	11	0.54	52%	0.04	-32	3.52%	0	0	52	0.6
23	Sep_24_2020	275	270.21	259.59	262.96	262.73	262.08	259.34(-0.77%)	DT	OpenShort	-75	-0.2	-42	-20	-45	-33	0.52	50%	0.05	-36.7	3.53%	0	-0.7	41	0.3
24	Sep_23_2020	274.86	271.74	261.28	261.46	261.75	266.06	261.36(-2.78%)	N/A	N/A	0	-0	60	120	80	-2	0.54	50%	0.1	-38.2	3.57%	0	-0.6	35	0.1
25	Sep_22_2020	274.58	272.88	261.09	260.48	256.95	263.38	268.82(0.53%)	RB	SmallLong	20	0.5	77	130	110	-22	0.71	50%		-42	3.57%	0	-0.2	34	0.7
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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