Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $403.7800 (1.14%) ($403.7800 - $403.7800) on Wed. Dec. 16, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.81% (three month average) | RSI | 40 | Latest Price | $403.7800(1.14%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.9% a day on average for past five trading days. | Weekly Trend | ZM declines -4.9% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(63%) SKYY(58%) IBUY(57%) IPO(57%) ONLN(54%) | Factors Impacting ZM price | ZM will decline at least -2.405% in a week (0% probabilities). VIXM(-25%) UUP(-19%) VXX(-9%) TBT(-8%) USO(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.405% (StdDev 4.81%) | Hourly BBV | 0.9 () | Intraday Trend | 0% | | | |
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Resistance Level | $417.23 | 5 Day Moving Average | $398.7(1.27%) | 10 Day Moving Average | $401.9(0.47%) | 20 Day Moving Average | $417.23(-3.22%) | To recent high | -28.9% | To recent low | 7.4% | Market Cap | $113.863b | | | | 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. |