Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $496.8300 (2.75%) ($480.7610 - $499.3500) on Thu. Nov. 5, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 6.57% (three month average) | RSI | 37 | Latest Price | $496.8300(2.75%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.3% a day on average for past five trading days. | Weekly Trend | ZM declines -6.7% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(62%) IPO(57%) SKYY(57%) IBUY(56%) ONLN(55%) | Factors Impacting ZM price | ZM will decline at least -3.285% in a week (0% probabilities). VIXM(-22%) UUP(-18%) 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 | -3.285% (StdDev 6.57%) | Hourly BBV | 1.5 () | Intraday Trend | 0% | | | |
|
1 - 5 Day Possible Target | $464.39(-6.53%) | Resistance Level | $507.33 | 5 Day Moving Average | $469.11(5.91%) | 10 Day Moving Average | $490.85(1.22%) | 20 Day Moving Average | $507.33(-2.07%) | To recent high | -12.6% | To recent low | 115% | Market Cap | $140.102b | | | | 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. |