Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $369.9050 (-2.94%) ($346.7600 - $386.0100) on Fri. Sep. 4, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 6.17% (three month average) | RSI | 74 | Latest Price | $369.9050(-2.94%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 3.7% a day on average for past five trading days. | Weekly Trend | ZM advances 20.3% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Growth 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 -3.085% 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 | -3.085% (StdDev 6.17%) | Hourly BBV | -0.7 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $391.53(-5.52%) | 10 Day Moving Average | $344.79(7.28%) | 20 Day Moving Average | $304.61(21.44%) | To recent high | -19.1% | To recent low | 80.1% | Market Cap | $104.31b | | | | 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. |