Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $341.5600 (-9.3%) ($339.0100 - $341.5600) on Wed. Mar. 3, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.62% (three month average) | RSI | 30 | Latest Price | $341.5600(-9.3%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM declines -2.1% a day on average for past five trading days. | Weekly Trend | ZM declines -7.2% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Rotation from growth to value for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(64%) IBUY(58%) SKYY(58%) IPO(57%) ARKG(55%) | Factors Impacting ZM price | ZM will decline at least -1.81% in a week (0% probabilities). VIXM(-27%) UUP(-19%) VXX(-9%) TBT(-8%) IGOV(-6%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.81% (StdDev 3.62%) | Hourly BBV | -1.7 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | Resistance Level | $402.33 | 5 Day Moving Average | $373.4(-8.53%) | 10 Day Moving Average | $385.68(-11.44%) | 20 Day Moving Average | $402.33(-15.1%) | To recent high | -23.1% | To recent low | 1.1% | Market Cap | $96.317b | | | | 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. |