Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $155.5500 (-1.48%) ($152.7050 - $161.1600) on Fri. May. 8, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.88% (three month average) | RSI | 54 | Latest Price | $155.5500(-1.48%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 2.3% a day on average for past five trading days. | Weekly Trend | ZM declines -1.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(56%) IPO(56%) SKYY(53%) IBUY(52%) ONLN(51%) | Factors Impacting ZM price | ZM will decline at least -2.94% in a week (0% probabilities). VIXM(-17%) UUP(-14%) TBT(-12%) OIH(-8%) XLE(-7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.94% (StdDev 5.88%) | Hourly BBV | -0.1 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $150.25(3.53%) | 10 Day Moving Average | $149.21(4.25%) | 20 Day Moving Average | $149.69(3.91%) | To recent high | -8% | To recent low | 76.2% | Market Cap | $43.864b | | | | 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. |