Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $378.9700 (0.23%) ($378.9700 - $378.9700) on Mon. Aug. 2, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.4% (three month average) | RSI | 49 | Latest Price | $378.9700(0.23%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.3% a day on average for past five trading days. | Weekly Trend | ZM advances 2.1% a week on average for past two weeks. | Market Behavior | Value stocks sell-off 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%) IBUY(57%) SKYY(57%) IPO(53%) ONLN(53%) | Factors Impacting ZM price | ZM will decline at least -1.2% in a week (0% probabilities). VIXM(-26%) UUP(-19%) 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 | -1.2% (StdDev 2.4%) | Hourly BBV | -0.6 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $375.72(0.87%) | 10 Day Moving Average | $368.7(2.79%) | 20 Day Moving Average | $371.59(1.99%) | To recent high | -5.5% | To recent low | 31% | Market Cap | $106.867b | | | | 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. |