Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $326.3850 (0.71%) ($326.3850 - $326.3850) on Thu. Apr. 1, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.96% (three month average) | RSI | 42 | Latest Price | $326.3850(0.71%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.8% a day on average for past five trading days. | Weekly Trend | ZM declines -2.9% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(62%) IBUY(57%) SKYY(57%) IPO(55%) ARKG(53%) | Factors Impacting ZM price | ZM will decline at least -1.98% in a week (0% probabilities). VIXM(-27%) UUP(-19%) VXX(-8%) IGOV(-8%) TBT(-7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.98% (StdDev 3.96%) | Hourly BBV | 0.6 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $312.61(-4.22%) | Resistance Level | $328.5 | 5 Day Moving Average | $317.98(2.64%) | 10 Day Moving Average | $321.01(1.67%) | 20 Day Moving Average | $328.5(-0.64%) | To recent high | -26.5% | To recent low | 6% | Market Cap | $92.038b | | | | 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. |