Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $380.4100 (-2.76%) ($380.4100 - $380.4100) on Wed. Feb. 3, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.57% (three month average) | RSI | 60 | Latest Price | $380.4100(-2.76%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.5% a day on average for past five trading days. | Weekly Trend | ZM declines -0.2% 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(64%) SKYY(58%) IBUY(57%) IPO(57%) ARKG(54%) | Factors Impacting ZM price | ZM will decline at least -2.285% 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 | -2.285% (StdDev 4.57%) | Hourly BBV | -0.6 () | Intraday Trend | 0% | | | |
|
Inflection Point | Yes | 5 Day Moving Average | $380.6(-0.05%) | 10 Day Moving Average | $380.59(-0.05%) | 20 Day Moving Average | $373.12(1.95%) | To recent high | -23.9% | To recent low | 12.6% | Market Cap | $107.273b | | | | 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. |