Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $377.4700 (0.78%) ($377.4700 - $377.4700) on Wed. Jun. 23, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.63% (three month average) | RSI | 80 | Latest Price | $377.4700(0.78%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.8% a day on average for past five trading days. | Weekly Trend | ZM advances 5.5% a week on average for past two weeks. | Market Behavior | Value stocks sell-off for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(62%) SKYY(57%) IBUY(56%) IPO(53%) ONLN(53%) | Factors Impacting ZM price | ZM will decline at least -1.315% in a week (0% probabilities). VIXM(-26%) UUP(-18%) VXX(-7%) TBT(-5%) USO(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.315% (StdDev 2.63%) | Hourly BBV | 0.8 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $373.75(1%) | 10 Day Moving Average | $367.29(2.77%) | 20 Day Moving Average | $350.32(7.75%) | To recent high | 0% | To recent low | 30.5% | Market Cap | $106.444b | | | | 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. |