Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $83.4400 (-0.64%) ($83.4400 - $83.4400) on Mon. Oct. 31, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.44% (three month average) | RSI | 70 | Latest Price | $83.4400(-0.64%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.7% a day on average for past five trading days. | Weekly Trend | ZM advances 5.8% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(32%) SKYY(30%) IBUY(28%) IVW(27%) BOTZ(26%) | Factors Impacting ZM price | ZM will decline at least -1.72% in a week (0% probabilities). UUP(-18%) TBT(-7%) USO(-5%) VXX(-3%) BND(-2%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.72% (StdDev 3.44%) | Hourly BBV | 0.4 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $83.54(-0.12%) | 10 Day Moving Average | $81.46(2.43%) | 20 Day Moving Average | $78.67(6.06%) | To recent high | -27.2% | To recent low | 15.4% | Market Cap | $23.529b | | | | 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. |