Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $294.0600 (-2.05%) ($294.0600 - $294.0600) on Wed. Sep. 8, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.04% (three month average) | RSI | 29 | Latest Price | $294.0600(-2.05%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.3% a day on average for past five trading days. | Weekly Trend | ZM declines -6.6% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Broad based 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(54%) ONLN(54%) | Factors Impacting ZM price | ZM will decline at least -1.52% in a week (0% probabilities). VIXM(-27%) UUP(-19%) VXX(-7%) 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 | -1.52% (StdDev 3.04%) | Hourly BBV | -1.3 () | Intraday Trend | 0% | | | |
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Resistance Level | $328.49 | 5 Day Moving Average | $295.71(-0.56%) | 10 Day Moving Average | $312.37(-5.86%) | 20 Day Moving Average | $328.49(-10.48%) | To recent high | -26.7% | To recent low | 1.4% | Market Cap | $82.923b | | | | 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. |