Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $428.7400 (3.73%) ($419.6100 - $435.7500) on Thu. Nov. 12, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 7.03% (three month average) | RSI | 40 | Latest Price | $428.7400(3.73%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM declines -3.1% a day on average for past five trading days. | Weekly Trend | ZM declines -9.1% 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(62%) IPO(57%) SKYY(57%) IBUY(56%) ONLN(55%) | Factors Impacting ZM price | ZM will decline at least -3.515% in a week (0% probabilities). VIXM(-22%) UUP(-18%) TBT(-11%) VXX(-8%) XLE(-5%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -3.515% (StdDev 7.03%) | Hourly BBV | 1.4 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $484.68 | 5 Day Moving Average | $426.23(0.59%) | 10 Day Moving Average | $446.41(-3.96%) | 20 Day Moving Average | $484.68(-11.54%) | To recent high | -24.6% | To recent low | 81% | Market Cap | $120.901b | | | | 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. |