Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $70.3900 (0.72%) ($68.0200 - $70.5500) on Fri. Nov. 1, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.77% (three month average) | RSI | 47 | Latest Price | $70.3900(0.72%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 2.1% a day on average for past five trading days. | Weekly Trend | ZM advances 0.4% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) IPO(48%) ARKK(47%) ONLN(43%) SKYY(43%) IBUY(42%) | Factors Impacting ZM price | ZM will decline at least -1.385% in a week (0% probabilities). TBT(-13%) XLE(-12%) VIXM(-11%) UUP(-11%) OIH(-11%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.385% (StdDev 2.77%) | Hourly BBV | 0 () | Intraday Trend | 0.8% | | | |
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5 Day Moving Average | $68.47(2.8%) | 10 Day Moving Average | $66.17(6.38%) | 20 Day Moving Average | $68.29(3.08%) | To recent high | -26.5% | To recent low | 13.5% | Market Cap | $19.849b | | | | Zoom Video Communications, Inc. engages in the provision of video-first communications platform. It connects people through frictionless video, voice, chat and content sharing, and enable face-to-face video experiences for thousands of people in a single meeting across disparate devices and locations. It focuses on customer and employee happiness, a video-first cloud architecture, recognized market leadership, viral demand, an efficient go-to-market strategy, and robust customer support. The company was founded by Eric S. Yuan in 2011 and is headquartered in San Jose, CA. |