Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $348.0700 (0.91%) ($348.0700 - $351.6900) on Mon. Mar. 15, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.95% (three month average) | RSI | 43 | Latest Price | $348.0700(0.91%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 2.3% a day on average for past five trading days. | Weekly Trend | ZM declines -5% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth 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 -1.975% in a week (0% probabilities). VIXM(-27%) UUP(-20%) VXX(-8%) TBT(-8%) IGOV(-7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.975% (StdDev 3.95%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
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Resistance Level | $370.72 | 5 Day Moving Average | $345.04(0.88%) | 10 Day Moving Average | $343.04(1.47%) | 20 Day Moving Average | $370.72(-6.11%) | To recent high | -21.7% | To recent low | 12.3% | Market Cap | $98.153b | | | | 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. |