Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $329.1700 (-3.97%) ($328.7200 - $329.1700) on Wed. Apr. 14, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.86% (three month average) | RSI | 58 | Latest Price | $329.1700(-3.97%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.4% a day on average for past five trading days. | Weekly Trend | ZM advances 2.3% a week on average for past two weeks. | Market Behavior | Rotation from growth to value 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 -1.93% in a week (0% probabilities). VIXM(-27%) UUP(-19%) VXX(-8%) TBT(-6%) USO(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.93% (StdDev 3.86%) | Hourly BBV | -0.1 () | Intraday Trend | 0% | | | |
|
Inflection Point | Yes | 5 Day Moving Average | $328.96(0.06%) | 10 Day Moving Average | $327.13(0.62%) | 20 Day Moving Average | $324.39(1.47%) | To recent high | -25.9% | To recent low | 6.9% | Market Cap | $92.823b | | | | 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. |