Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $113.7500 (-0.5%) ($100.8800 - $116.5000) on Mon. Mar. 9, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.51% (three month average) | RSI | 67 | Latest Price | $113.7500(-0.5%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.1% a day on average for past five trading days. | Weekly Trend | ZM advances 7.1% 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(49%) IPO(48%) IBUY(44%) ONLN(44%) SKYY(44%) | Factors Impacting ZM price | ZM will decline at least -1.755% in a week (0% probabilities). XLE(-12%) UUP(-12%) TBT(-12%) VIXM(-11%) OIH(-10%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.755% (StdDev 3.51%) | Hourly BBV | 0 () | Intraday Trend | 8.3% | | | |
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5 Day Moving Average | $117.47(-3.17%) | 10 Day Moving Average | $113.53(0.19%) | 20 Day Moving Average | $105.28(8.05%) | To recent high | -9% | To recent low | 82% | Market Cap | $32.077b | | | | 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. |