Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $126.2600 (8.23%) ($119.5300 - $126.5400) on Tue. Mar. 29, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.94% (three month average) | RSI | 62 | Latest Price | $126.2600(8.23%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1% a day on average for past five trading days. | Weekly Trend | ZM advances 7.9% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(58%) SKYY(55%) IBUY(54%) ONLN(51%) BOTZ(50%) | Factors Impacting ZM price | ZM will decline at least -1.97% in a week (0% probabilities). VIXM(-25%) UUP(-21%) VXX(-6%) TBT(-6%) USO(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.97% (StdDev 3.94%) | Hourly BBV | 1.8 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $118.14(6.87%) | 10 Day Moving Average | $116.17(8.69%) | 20 Day Moving Average | $111.48(13.26%) | To recent high | -33.8% | To recent low | 33.5% | Market Cap | $35.604b | | | | 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. |