Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $70.2300 (-5.58%) ($70.2300 - $70.2300) on Thu. Dec. 15, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.5% (three month average) | RSI | 42 | Latest Price | $70.2300(-5.58%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM declines -0.6% a day on average for past five trading days. | Weekly Trend | ZM declines -0.8% 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) BNDX(18%) EWG(12%) ARKK(11%) BWX(11%) CEMB(10%) | Factors Impacting ZM price | ZM will decline at least -1.75% in a week (0% probabilities). USO(-15%) BND(-15%) OIH(-11%) URA(-10%) XLF(-8%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.75% (StdDev 3.5%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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Resistance Level | $74.48 | 5 Day Moving Average | $72.84(-3.58%) | 10 Day Moving Average | $72.5(-3.13%) | 20 Day Moving Average | $74.48(-5.71%) | To recent high | -20.6% | To recent low | 0.3% | Market Cap | $19.804b | | | | 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. |