Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $73.4950 (2.75%) ($73.4950 - $73.4950) on Mon. Jan. 30, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.71% (three month average) | RSI | 57 | Latest Price | $73.4950(2.75%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.6% a day on average for past five trading days. | Weekly Trend | ZM advances 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) ONLN(31%) SKYY(31%) XLC(26%) IPO(24%) VUG(23%) | Factors Impacting ZM price | ZM will decline at least -1.855% in a week (0% probabilities). VIXM(-16%) VXX(-9%) GLD(-8%) TLT(-7%) EDOC(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.855% (StdDev 3.71%) | Hourly BBV | 1.9 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $70.63(4.06%) | 10 Day Moving Average | $69.62(5.57%) | 20 Day Moving Average | $69.15(6.28%) | To recent high | -16.9% | To recent low | 13% | Market Cap | $20.725b | | | | 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. |