Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $173.7000 (5.48%) ($166.2100 - $173.8600) on Tue. May. 19, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.96% (three month average) | RSI | 66 | Latest Price | $173.7000(5.48%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.5% a day on average for past five trading days. | Weekly Trend | ZM advances 9.2% a week on average for past two weeks. | Market Behavior | Value stocks 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(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(-17%) 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 | 0.7 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $169.68(2.37%) | 10 Day Moving Average | $164.31(5.71%) | 20 Day Moving Average | $157.66(10.17%) | To recent high | -0.7% | To recent low | 70.7% | Market Cap | $48.982b | | | | 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. |