Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $325.3900 (8.74%) ($301.2700 - $325.9000) on Mon. Aug. 31, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.83% (three month average) | RSI | 89 | Latest Price | $325.3900(8.74%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 3% a day on average for past five trading days. | Weekly Trend | ZM advances 10.3% a week on average for past two weeks. | Market Behavior | Value stocks sell-off 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 -1.915% 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 | -1.915% (StdDev 3.83%) | Hourly BBV | 2.4 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $301(8.1%) | 10 Day Moving Average | $292.57(11.22%) | 20 Day Moving Average | $274.21(18.66%) | To recent high | 0% | To recent low | 59.4% | Market Cap | $91.757b | | | | 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. |