Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $381.0900 (-10.07%) ($367.0000 - $409.9000) on Thu. Sep. 3, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 6.22% (three month average) | RSI | 79 | Latest Price | $381.0900(-10.07%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 4.8% a day on average for past five trading days. | Weekly Trend | ZM advances 19.8% a week on average for past two weeks. | Market Behavior | Broad based 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(58%) IPO(57%) SKYY(54%) IBUY(53%) ONLN(52%) | Factors Impacting ZM price | ZM will decline at least -3.11% in a week (0% probabilities). VIXM(-18%) UUP(-15%) TBT(-11%) VXX(-7%) XLE(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -3.11% (StdDev 6.22%) | Hourly BBV | -1.4 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $377.4(0.98%) | 10 Day Moving Average | $336.98(13.09%) | 20 Day Moving Average | $298.88(27.51%) | To recent high | -16.7% | To recent low | 85.5% | Market Cap | $107.464b | | | | 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. |