Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $273.7300 (2.9%) ($273.7300 - $274.1300) on Mon. Oct. 18, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.98% (three month average) | RSI | 59 | Latest Price | $273.7300(2.9%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.5% a day on average for past five trading days. | Weekly Trend | ZM advances 1% a week on average for past two weeks. | Market Behavior | Rotation from value to growth for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(63%) IBUY(59%) SKYY(58%) IPO(55%) ONLN(55%) | Factors Impacting ZM price | ZM will decline at least -1.49% in a week (0% probabilities). VIXM(-27%) UUP(-20%) VXX(-7%) USO(-5%) TBT(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.49% (StdDev 2.98%) | Hourly BBV | 2.1 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $265.67(3.03%) | 10 Day Moving Average | $260.84(4.94%) | 20 Day Moving Average | $264.38(3.54%) | To recent high | -31.8% | To recent low | 8% | Market Cap | $77.19b | | | | 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. |