Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $113.5500 (6.24%) ($107.6000 - $118.0000) on Thu. Feb. 27, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.4% (three month average) | RSI | 86 | Latest Price | $113.5500(6.24%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.6% a day on average for past five trading days. | Weekly Trend | ZM advances 9.9% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off 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 -1.7% in a week (0% probabilities). XLE(-12%) UUP(-12%) TBT(-12%) IYT(-11%) VIXM(-10%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.7% (StdDev 3.4%) | Hourly BBV | 0 () | Intraday Trend | 3.8% | | | |
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5 Day Moving Average | $106.86(6.26%) | 10 Day Moving Average | $102.49(10.79%) | 20 Day Moving Average | $94.35(20.35%) | To recent high | 0% | To recent low | 81.7% | Market Cap | $32.02b | | | | 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. |