Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $73.1600 (-1.18%) ($72.2600 - $75.1100) on Tue. Jan. 14, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.85% (three month average) | RSI | 77 | Latest Price | $73.1600(-1.18%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.3% a day on average for past five trading days. | Weekly Trend | ZM advances 4.8% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(48%) IPO(48%) IBUY(43%) ONLN(43%) SKYY(43%) | Factors Impacting ZM price | ZM will decline at least -1.425% 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 | -1.425% (StdDev 2.85%) | Hourly BBV | 0 () | Intraday Trend | -1.6% | | | |
|
5 Day Moving Average | $73.09(0.1%) | 10 Day Moving Average | $71.3(2.61%) | 20 Day Moving Average | $69.17(5.77%) | To recent high | -2.7% | To recent low | 18% | Market Cap | $20.631b | | | | 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. |