Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $80.0300 (0.88%) ($80.0300 - $80.0300) on Thu. Sep. 15, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.19% (three month average) | RSI | 35 | Latest Price | $80.0300(0.88%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.1% a day on average for past five trading days. | Weekly Trend | ZM declines -0.6% a week on average for past two weeks. | Market Behavior | Broad based 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(38%) SKYY(37%) IBUY(35%) BOTZ(33%) IVW(33%) | Factors Impacting ZM price | ZM will decline at least -2.095% in a week (0% probabilities). UUP(-24%) TBT(-8%) VIXM(-6%) VXX(-4%) USO(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.095% (StdDev 4.19%) | Hourly BBV | 0.5 () | Intraday Trend | 0% | | | |
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Resistance Level | $83.88 | 5 Day Moving Average | $80.96(-1.15%) | 10 Day Moving Average | $80.74(-0.88%) | 20 Day Moving Average | $83.88(-4.59%) | To recent high | -34.8% | To recent low | 1.2% | Market Cap | $22.568b | | | | 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. |