Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $266.2800 (8.69%) ($248.5100 - $267.9400) on Mon. Aug. 17, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.99% (three month average) | RSI | 57 | Latest Price | $266.2800(8.69%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.4% a day on average for past five trading days. | Weekly Trend | ZM declines -2.2% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Growth stock rally 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 -1.995% in a week (0% probabilities). VIXM(-18%) UUP(-15%) TBT(-11%) VXX(-7%) XLE(-6%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.995% (StdDev 3.99%) | Hourly BBV | 1.8 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $241.83(-9.18%) | 5 Day Moving Average | $245.28(8.56%) | 10 Day Moving Average | $253.93(4.86%) | 20 Day Moving Average | $254.47(4.64%) | To recent high | -3.5% | To recent low | 64.2% | Market Cap | $75.089b | | | | 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. |