Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $259.1500 (2.12%) ($247.2100 - $261.0000) on Wed. Jul. 1, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.91% (three month average) | RSI | 76 | Latest Price | $259.1500(2.12%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.3% a day on average for past five trading days. | Weekly Trend | ZM advances 4.7% a week on average for past two weeks. | Market Behavior | Growth stock rally 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(58%) IPO(57%) SKYY(54%) IBUY(53%) ONLN(52%) | Factors Impacting ZM price | ZM will decline at least -2.455% in a week (0% probabilities). VIXM(-19%) UUP(-15%) TBT(-11%) VXX(-8%) XLE(-6%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.455% (StdDev 4.91%) | Hourly BBV | 1.6 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $255.53(1.42%) | 10 Day Moving Average | $252.46(2.65%) | 20 Day Moving Average | $237.9(8.93%) | To recent high | -0.1% | To recent low | 127.8% | Market Cap | $73.078b | | | | 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. |