Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $69.6400 (-0.63%) ($68.1900 - $70.3300) on Tue. Nov. 19, 2019. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 2.72% (three month average) | | RSI | 48 | | Latest Price | $69.6400(-0.63%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | ZM advances 0.5% a day on average for past five trading days. | | Weekly Trend | ZM declines -0.1% a week on average for past two weeks. | | Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. | | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability)
ARKK(47%) IPO(47%) ONLN(43%) SKYY(43%) IBUY(42%) | | Factors Impacting ZM price | ZM will decline at least -1.36% in a week (0% probabilities).
XLE(-12%) TBT(-12%) UUP(-11%) VIXM(-10%) OIH(-10%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -1.36% (StdDev 2.72%) | | Hourly BBV | 0 () | | Intraday Trend | -0.8% | | | | | |
|
| 5 Day Moving Average | $69.1(0.78%) | | 10 Day Moving Average | $68.59(1.53%) | | 20 Day Moving Average | $67.83(2.67%) | | To recent high | -25.8% | | To recent low | 12.3% | | Market Cap | $19.638b | | | | | | |
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. |