Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $71.4500 (6.25%) ($70.3900 - $71.4500) on Thu. Jan. 26, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.7% (three month average) | RSI | 64 | Latest Price | $71.4500(6.25%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.2% a day on average for past five trading days. | Weekly Trend | ZM advances 0.1% 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) SKYY(31%) ONLN(30%) XLC(25%) IPO(24%) VUG(23%) | Factors Impacting ZM price | ZM will decline at least -1.85% in a week (0% probabilities). VIXM(-17%) VXX(-9%) GLD(-8%) TLT(-7%) EWJ(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.85% (StdDev 3.7%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $69.26(3.16%) | 10 Day Moving Average | $68.95(3.63%) | 20 Day Moving Average | $68.46(4.37%) | To recent high | -19.2% | To recent low | 9.8% | Market Cap | $20.148b | | | | 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. |