Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $77.5900 (0.38%) ($77.5900 - $77.5900) on Wed. Oct. 5, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.75% (three month average) | RSI | 40 | Latest Price | $77.5900(0.38%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.4% a day on average for past five trading days. | Weekly Trend | ZM declines -1.5% a week on average for past two weeks. | Market Behavior | Normal 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(37%) SKYY(35%) IBUY(33%) BOTZ(31%) IVW(31%) | Factors Impacting ZM price | ZM will decline at least -1.875% in a week (0% probabilities). UUP(-22%) TBT(-8%) VXX(-4%) VIXM(-4%) USO(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.875% (StdDev 3.75%) | Hourly BBV | 1 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $75.42(2.88%) | 10 Day Moving Average | $75.04(3.4%) | 20 Day Moving Average | $77.11(0.62%) | To recent high | -35.7% | To recent low | 5.8% | Market Cap | $21.88b | | | | 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. |