Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $346.6200 (3.87%) ($346.6200 - $346.8200) on Thu. Jun. 10, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.75% (three month average) | RSI | 62 | Latest Price | $346.6200(3.87%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.6% a day on average for past five trading days. | Weekly Trend | ZM advances 2.9% a week on average for past two weeks. | Market Behavior | Rotation from value to growth for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(62%) SKYY(57%) IBUY(56%) IPO(54%) ONLN(53%) | Factors Impacting ZM price | ZM will decline at least -1.375% in a week (0% probabilities). VIXM(-27%) UUP(-18%) 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 | -1.375% (StdDev 2.75%) | Hourly BBV | 1.7 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $340.21(1.88%) | 10 Day Moving Average | $333.86(3.82%) | 20 Day Moving Average | $324.57(6.79%) | To recent high | -2.3% | To recent low | 19.8% | Market Cap | $97.744b | | | | 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. |