Trading Signals: RNG Stock Price Prediction and Forecast

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Fri. Apr. 16, 2021

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

(RingCentral, Inc.)
RNG latest price $325.3800 (-1.1%) ($322.1500 - $330.8300) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.94% (three month average)
RSI   71
Latest Price   $325.3800(-1.1%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 0.5% a day on average for past five trading days.
Weekly Trend   RNG advances 5.1% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
IBUY(69%)    IPO(67%)    ONLN(67%)    SKYY(64%)    IWO(62%)
Factors Impacting RNG price   RNG will decline at least -1.47% in a week (0% probabilities).
VIXM(-26%)    UUP(-14%)    VXX(-9%)    TBT(-8%)    IGOV(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.47% (StdDev 2.94%)
Hourly BBV 0.6 ()
Intraday Trend -1.4%

5 Day Moving Average   $323.47(0.59%)
10 Day Moving Average   $316.41(2.83%)
20 Day Moving Average   $310.07(4.94%)
To recent high   -26.6%
To recent low   14.7%
Market Cap   $28.945b

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 4.3% (three month std-dev: 2.94%) daily (68% of days).

Sample size 1 Average positive next day return: 41.44%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 30.8%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 39.16%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

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	Apr_16_2021	359.37	310.07	316.41	323.47	324.82	326.65	325.38(-1.1%)	UD	OpenLong	75	0.1	79	50	62	128	0.57	43%	-0.1	-7.9	2.94%	0.6	1.1	71	1.8
2	Apr_15_2021	359.73	309.47	314.37	321.85	322.26	324.74	329.01(3.02%)	UT	OpenLong	75	0.6	82	60	66	129	0.56	43%	0.12	-23	2.96%	1.3	1.5	65	1.8
3	Apr_14_2021	359.31	309.12	311.23	318.85	319.24	323	319.37(-1.9%)	UD	OpenLong	75	0	95	90	86	123	0.61	41%	0.11	-33.3	2.94%	-0.8	0.8	55	1.4
4	Apr_13_2021	358.92	309.41	308.1	316.17	316.74	319.78	325.54(2.35%)	UT	OpenLong	75	0.7	121	70	126	106	0.72	41%	0.11	-40.5	2.95%	1.5	1.2	48	1.7
5	Apr_12_2021	358.53	310.07	303.93	312.28	312.35	315.49	318.05(0.24%)	UT	OpenLong	75	0.4	72	70	79	50	0.81	41%	0.07	-35	2.93%	1.2	0.5	46	1.8

6	Apr_9_2021	358.28	311.14	301.14	308.23	308.49	313.7	317.3(1.06%)	UT	OpenLong	75	0.5	93	120	113	32	0.69	41%	0.06	-32.8	2.91%	1.2	0.4	49	1.5
7	Apr_8_2021	358.07	312.49	299.19	305.78	305.55	309.22	313.97(2.6%)	UT	OpenLong	75	0.4	97	80	124	17	0.85	41%	0.08	-28.8	2.93%	1.4	0.1	48	1.5
8	Apr_7_2021	357.79	313.4	298.33	302.56	304	303.28	306(-0.03%)	N/A	N/A	0	0.2	35	-0	58	-33	0.73	44%	0.03	-33.4	2.91%	0.8	-0.4	39	1.4
9	Apr_6_2021	357.67	314.85	299.86	298.71	301.52	301.88	306.1(2.79%)	DP	OpenShort	-65	0.4	-10	40	9	-68	1.07	44%	0.03	-45.8	2.97%	0.8	-0.5	38	1.2
10	Apr_5_2021	357.56	315.37	301.21	294.23	296.87	304.72	297.8(-2.36%)	N/A	N/A	0	0.2	63	210	103	-59	0.75	44%	0.16	-67.9	2.96%	-0.7	-0.9	28	1.3

11	Apr_1_2021	357	316.63	303.03	292.81	292.99	301.15	305.01(2.39%)	RB	SmallLong	20	0.7	176	200	243	-25	0.94	44%	0.06	-85.8	2.93%	0.7	-0.6	30	1.3
12	Mar_31_2021	356.78	317.87	303.98	291.74	289.7	289.01	297.88(3.88%)	N/A	N/A	0	0.3	7	-40	51	-125	1.45	44%	0.06	-96.3	2.93%	1.6	-1.1	24	1.2
13	Mar_30_2021	356.56	319.86	306.67	293.8	291.24	284.82	286.75(1.08%)	DP	OpenShort	-75	-0.3	-206	-180	-199	-227	0.8	41%	0.06	-93.9	2.89%	0	-1.6	28	1.2
14	Mar_29_2021	356.36	324	310.86	301.43	299.43	290.4	283.69(-2.41%)	DT	OpenShort	-75	-0.8	-237	-230	-241	-224	0.93	41%	-0.03	-80.8	2.89%	-1.3	-1.7	25	1
15	Mar_26_2021	356.47	329.03	316.94	309.21	308.9	297.66	290.7(-3%)	DT	OpenShort	-75	-0.8	-251	-260	-270	-195	1.3	41%	0.01	-75.3	2.87%	-1.6	-1.6	43	1.4

16	Mar_25_2021	356.43	333.38	322.32	314.47	315.62	308.46	299.7(-2.75%)	DT	OpenShort	-75	-0.6	-230	-150	-254	-159	1.06	43%	0.08	-80.7	2.87%	-1	-1.5	43	1.1
17	Mar_24_2021	356.14	336.98	327.26	317.71	319.77	320.14	308.17(-5.14%)	DT	OpenShort	-75	-0.4	-62	30	-62	-61	0.77	43%	0.15	-83.4	2.88%	-1.7	-1.2	43	1
18	Mar_23_2021	355.6	340.89	330.07	321.28	320.57	322.79	324.88(0.71%)	RB	SmallLong	20	0.1	44	40	59	-3	0.58	46%	0.2	-82.2	2.82%	0.7	-0.6	45	1.1
19	Mar_22_2021	354.9	344.02	331.23	321.95	320.55	319.41	322.59(1.76%)	DP	OpenShort	-75	0	-41	-40	-35	-58	0.86	46%	0.19	-82.7	2.82%	1.3	-0.8	32	1.9
20	Mar_19_2021	354.23	347.69	330.78	326.29	324.69	318.36	317.02(0.36%)	DP	OpenShort	-75	-0.3	-135	-150	-139	-124	1	46%	0.15	-74.6	2.81%	-1.1	-1	27	1.6

21	Mar_18_2021	353.7	352.98	331.48	331.65	331.06	321.68	315.89(-3.11%)	DT	OpenShort	-75	-0.5	-226	-200	-241	-179	1.13	46%	0.14	-66.9	2.83%	-1.3	-1.1	30	1.2
22	Mar_17_2021	353.21	358.23	333.05	338.24	336.87	331.03	326.04(-0.67%)	DT	OpenShort	-75	-0.4	-217	-130	-230	-177	0.83	51%	0.12	-61.6	2.81%	-0.5	-0.9	35	2.1
23	Mar_16_2021	352.79	362.83	334.19	339.94	342.42	340.43	328.23(-4.66%)	DT	OpenShort	-75	-0.3	-66	-20	-47	-124	0.84	54%	0.13	-58	2.89%	-1.8	-0.9	32	1.9
24	Mar_15_2021	352.32	368.1	338.17	341.55	342.81	342.72	344.26(0.12%)	DP	OpenShort	-65	0.1	-22	10	7	-108	0.46	57%	0.18	-54.9	2.89%	-0	-0.6	34	2.4
25	Mar_12_2021	351.7	372.82	341.8	335.78	340.51	344.41	343.84(-1.43%)	N/A	N/A	0	0.2	39	120	86	-102	0.68	57%		-51.7	2.87%	0	-0.7	32	1.8
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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