Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $392.1600 (2.28%) ($392.1600 - $398.8500) on Mon. Jan. 25, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.66% (three month average) | RSI | 63 | Latest Price | $392.1600(2.28%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.4% a day on average for past five trading days. | Weekly Trend | ZM advances 5% 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(64%) SKYY(58%) IBUY(57%) IPO(57%) ARKG(54%) | Factors Impacting ZM price | ZM will decline at least -2.33% in a week (0% probabilities). VIXM(-27%) 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 | -2.33% (StdDev 4.66%) | Hourly BBV | 0.9 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $386.94(1.35%) | 10 Day Moving Average | $377.19(3.97%) | 20 Day Moving Average | $365.36(7.34%) | To recent high | -27.2% | To recent low | 16% | Market Cap | $110.586b | | | | 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. |