Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $166.3900 (6.97%) ($158.0000 - $168.0000) on Mon. May. 11, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.96% (three month average) | RSI | 62 | Latest Price | $166.3900(6.97%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 3.1% a day on average for past five trading days. | Weekly Trend | ZM declines -0.3% a week on average for past two weeks. | Market Behavior | Normal 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(57%) IPO(57%) SKYY(54%) IBUY(52%) ONLN(51%) | Factors Impacting ZM price | ZM will decline at least -2.98% in a week (0% probabilities). VIXM(-18%) UUP(-15%) TBT(-11%) VXX(-8%) OIH(-8%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.98% (StdDev 5.96%) | Hourly BBV | 1.8 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $154.86(7.45%) | 10 Day Moving Average | $149.77(11.1%) | 20 Day Moving Average | $151.23(10.02%) | To recent high | -1.6% | To recent low | 88.5% | Market Cap | $46.921b | | | | 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. |