Trading Signals: RNG Stock Price Prediction and Forecast

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Wed. Mar. 3, 2021

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

(RingCentral, Inc.)
RNG latest price $337.1000 (-9.13%) ($334.3400 - $367.6100) on Wed. Mar. 3, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.77% (three month average)
RSI   23
Latest Price   $337.1000(-9.13%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG declines -2.7% a day on average for past five trading days.
Weekly Trend   RNG declines -7.7% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Rotation from growth to value for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
IBUY(69%)    ONLN(68%)    IPO(67%)    SKYY(64%)    IWF(61%)
Factors Impacting RNG price   RNG will decline at least -1.385% in a week (0% probabilities).
VIXM(-26%)    UUP(-15%)    VXX(-9%)    TBT(-9%)    IGOV(-6%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.385% (StdDev 2.77%)
Hourly BBV -2 ()
Intraday Trend -7.7%

Inflection Point   Yes
Resistance Level   $402.45
5 Day Moving Average   $368.73(-8.58%)
10 Day Moving Average   $385.83(-12.63%)
20 Day Moving Average   $402.45(-16.24%)
To recent high   -24%
To recent low   1.3%
Market Cap   $29.988b

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 6.59% (three month std-dev: 2.77%) daily (68% of days).

Sample size 4 Average positive next day return: 2.46%(75%) Average negative next day return: -5.17%(25%) Sample size 4 Average positive next three day return: 7.53%(75%) Average negative next three day return: -11.77%(25%) Sample size 4 Average positive next weekly return: 7.76%(50%) Average negative next weekly return: -6.81%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210403

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	Mar_3_2021	348.13	402.45	385.83	368.73	372.95	365.26	337.1(-9.13%)	DT	HoldShort	-65	-1.2	-362	-110	-377	-318	1.66	53%	0.16	-15.5	2.77%	-2	-2.5	23	0.3
2	Mar_2_2021	347.56	406.13	394.43	378.95	379.95	380.85	370.96(-3.89%)	DT	OpenShort	-75	-0.4	-58	20	-22	-167	0.91	65%	0.25	-0.2	2.51%	-1.8	-1.6	30	1
3	Mar_1_2021	346.68	407.27	400.93	382.9	381.49	380.64	385.99(2.07%)	DP	OpenShort	-65	0.1	-12	-30	24	-118	0.85	69%	0.3	6.1	2.63%	0.4	-1	44	1
4	Feb_26_2021	345.65	406.93	406.44	385.48	381.64	379.04	378.16(1.81%)	DP	OpenShort	-75	-0.3	-170	-80	-169	-174	0.87	69%	0.29	7	2.6%	-0.8	-1.3	42	0.5
5	Feb_25_2021	344.64	406.87	411.95	395.33	389.13	382.34	371.45(-4.31%)	DT	OpenShort	-75	-1.1	-174	-170	-187	-136	1	69%	0.25	18.6	2.62%	-2.6	-1.6	45	0.2

6	Feb_24_2021	343.79	406.6	418.13	405.76	400.64	384.23	388.2(-0.64%)	DT	OpenShort	-75	-0.7	-290	-320	-337	-149	0.65	75%	0.33	26.3	2.55%	-0.3	-0.8	52	1.4
7	Feb_23_2021	342.67	406.16	422.33	412.2	408.76	395.91	390.71(-2.05%)	DT	OpenShort	-75	-0.9	-454	-250	-540	-197	1.15	75%	0.35	33.7	2.57%	-0.8	-0.6	49	1.3
8	Feb_22_2021	341.47	406	424.71	421.46	418.36	417.04	398.88(-6.67%)	DT	OpenShort	-75	-0.9	-154	-40	-199	-20	0.99	75%	0.38	46.8	2.57%	-2	-0.3	59	1.1
9	Feb_19_2021	340.18	405.43	426.03	430.34	426.44	421.6	427.39(0.89%)	UT	HoldLong	65	-0.1	29	-110	0	116	0.76	84%	0.45	59	2.4%	1.2	0.9	76	1.5
10	Feb_18_2021	338.65	402.81	423.2	431.27	429.46	419.68	423.62(0.77%)	N/A	N/A	0	-0.3	-204	-170	-280	26	0.9	84%	0.46	57.8	2.42%	0.2	0.8	77	1.3

11	Feb_17_2021	337.09	400.53	420.59	432.5	432.52	431.28	420.38(-3.81%)	N/A	N/A	0	-0.5	-127	-20	-198	88	1.6	84%	0.46	58.1	2.45%	-1.2	0.8	79	1.4
12	Feb_16_2021	335.54	398.17	418.99	433.88	435.23	439.24	437.02(-1.41%)	UD	OpenLong	75	0.1	217	70	196	279	1.45	91%	0.73	58.1	2.38%	-0.4	1.5	74	1.2
13	Feb_12_2021	333.11	394.85	414.13	428.32	429.65	433.76	443.29(2.6%)	UT	OpenLong	75	0.6	175	80	150	248	0.56	92%	0.57	51.9	2.39%	1.7	2	70	1.5
14	Feb_11_2021	331.21	391.31	407.13	421.1	423.09	431.22	432.04(0.53%)	UT	OpenLong	75	0.5	216	150	209	235	0.53	91%	0.53	46.2	2.51%	0.8	1.9	68	1.3
15	Feb_10_2021	329.45	388.86	400.94	413.97	416.17	425.55	429.75(0.58%)	UT	OpenLong	75	0.8	308	170	325	257	0.72	92%	0.5	45.1	2.53%	0.9	2.2	70	1

16	Feb_9_2021	327.8	386.52	393.7	407	407.53	414.95	427.28(4.41%)	UT	OpenLong	75	1.3	219	130	230	185	0.82	79%	0.51	41.5	2.55%	1.4	2.5	67	1.1
17	Feb_8_2021	326.15	384.12	388.14	402.09	402.43	406.78	409.24(0.51%)	UT	OpenLong	75	0.5	158	80	164	138	0.65	78%	0.48	41.6	2.81%	0.6	1.9	65	1.1
18	Feb_5_2021	324.59	382.89	385.35	397.81	398.88	400.11	407.17(2.71%)	UT	OpenLong	75	0.8	107	30	106	108	0.94	79%	0.5	39.9	2.82%	2.4	2.1	65	1.1
19	Feb_4_2021	322.99	381.8	382.82	390.96	393.48	398.07	396.42(0.39%)	UT	OpenLong	75	0.5	89	100	91	84	0.52	81%	0.45	27	2.88%	-0.6	1.4	59	1.1
20	Feb_3_2021	321.54	380.58	380.54	385.61	386.33	397.65	394.89(-1.95%)	UD	OpenLong	75	0.9	216	210	247	124	0.6	81%	0.45	8.3	2.95%	-0	1.4	52	0.7

21	Feb_2_2021	320.09	379.91	378.71	377.99	378.03	388.89	402.75(3.86%)	UT	OpenLong	75	2.6	287	200	338	133	0.88	81%	0.46	-15.1	2.93%	1.3	2.4	55	-0.1
22	Feb_1_2021	318.64	378.74	375.49	372.24	369.21	375	387.8(3.99%)	UT	OpenLong	75	1.9	116	90	144	32	0.76	80%	0.43	-46.9	2.91%	1.7	1.1	51	-1.3
23	Jan_29_2021	317.27	378.25	373.88	371.42	368.44	367.16	372.92(0.87%)	N/A	N/A	0	0.2	5	-50	16	-29	0.55	79%	0.31	-59.4	2.91%	0.9	-0.7	41	-2.7
24	Jan_28_2021	316.29	378.99	374.21	373.74	372.66	363.42	369.69(3.62%)	DP	OpenShort	-75	-0.5	-132	-180	-145	-93	0.6	72%	0.36	-61.1	2.92%	0.3	-1.2	38	-2.2
25	Jan_27_2021	315.16	379.76	375.94	374.73	376.13	369.72	356.77(-4.61%)	DT	OpenShort	-75	-2.3	-220	-110	-251	-126	1	70%		-64.1	3.01%	-1.7	-2.9	44	-3
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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