Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $492.2500 (2.88%) ($484.0800 - $498.9000) on Fri. Oct. 9, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 6.46% (three month average) | RSI | 58 | Latest Price | $492.2500(2.88%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.4% a day on average for past five trading days. | Weekly Trend | ZM declines -0.1% 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(61%) IPO(57%) IBUY(56%) SKYY(56%) ONLN(55%) | Factors Impacting ZM price | ZM will decline at least -3.23% in a week (0% probabilities). VIXM(-21%) UUP(-17%) TBT(-11%) VXX(-8%) XLE(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -3.23% (StdDev 6.46%) | Hourly BBV | 0.8 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $483.1(1.89%) | 10 Day Moving Average | $480.6(2.42%) | 20 Day Moving Average | $466.52(5.52%) | To recent high | -1.7% | To recent low | 113.1% | Market Cap | $138.811b | | | | 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. |