Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $316.2200 (-2.6%) ($316.1850 - $316.2200) on Fri. May. 21, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.7% (three month average) | RSI | 50 | Latest Price | $316.2200(-2.6%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.6% a day on average for past five trading days. | Weekly Trend | ZM advances 2.7% 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(62%) IBUY(57%) SKYY(57%) IPO(54%) ONLN(53%) | Factors Impacting ZM price | ZM will decline at least -1.85% in a week (0% probabilities). VIXM(-28%) 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 | -1.85% (StdDev 3.7%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $314.54(0.53%) | 10 Day Moving Average | $305.72(3.43%) | 20 Day Moving Average | $309.32(2.23%) | To recent high | -22.8% | To recent low | 9.3% | Market Cap | $89.172b | | | | 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. |