Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $344.9450 (-2.77%) ($344.9450 - $344.9450) on Fri. Mar. 12, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.91% (three month average) | RSI | 41 | Latest Price | $344.9450(-2.77%) | 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 -5.8% a week on average for past two weeks. | Market Behavior | Rotation from growth to value 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(56%) ARKG(54%) | Factors Impacting ZM price | ZM will decline at least -1.955% in a week (0% probabilities). VIXM(-27%) UUP(-20%) VXX(-8%) TBT(-8%) IGOV(-6%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.955% (StdDev 3.91%) | Hourly BBV | -0 () | Intraday Trend | 0% | | | |
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Resistance Level | $374.79 | 5 Day Moving Average | $337.45(2.22%) | 10 Day Moving Average | $348.49(-1.02%) | 20 Day Moving Average | $374.79(-7.96%) | To recent high | -22.4% | To recent low | 11.2% | Market Cap | $97.272b | | | | 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. |