Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $70.0200 (1.58%) ($66.0500 - $70.5300) on Tue. Dec. 3, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.95% (three month average) | RSI | 59 | Latest Price | $70.0200(1.58%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM declines -1.2% a day on average for past five trading days. | Weekly Trend | ZM advances 2.5% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(48%) IPO(47%) ONLN(43%) SKYY(43%) IBUY(42%) | Factors Impacting ZM price | ZM will decline at least -1.475% in a week (0% probabilities). XLE(-12%) TBT(-12%) UUP(-11%) VIXM(-10%) OIH(-10%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.475% (StdDev 2.95%) | Hourly BBV | 0 () | Intraday Trend | 4.9% | | | |
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Resistance Level | $70.3 | 5 Day Moving Average | $72.54(-3.47%) | 10 Day Moving Average | $72.11(-2.9%) | 20 Day Moving Average | $70.3(-0.4%) | To recent high | -25.1% | To recent low | 12.9% | Market Cap | $19.745b | | | | 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. |