Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $537.0000 (-5.51%) ($534.5900 - $575.6900) on Tue. Oct. 20, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 6.41% (three month average) | RSI | 72 | Latest Price | $537.0000(-5.51%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.7% a day on average for past five trading days. | Weekly Trend | ZM advances 6.6% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Value 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 -3.205% 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 | -3.205% (StdDev 6.41%) | Hourly BBV | -1.9 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $542.07(-0.94%) | 10 Day Moving Average | $519(3.47%) | 20 Day Moving Average | $500.72(7.25%) | To recent high | -5.5% | To recent low | 132.4% | Market Cap | $151.43b | | | | 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. |