Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $71.0100 (-3.26%) ($70.0400 - $71.0100) on Fri. Jul. 21, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.45% (three month average) | RSI | 59 | Latest Price | $71.0100(-3.26%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.3% a day on average for past five trading days. | Weekly Trend | ZM advances 3.3% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) EMHY(23%) ICLN(23%) XLRE(22%) ARKG(21%) TLT(21%) | Factors Impacting ZM price | ZM will decline at least -1.225% in a week (0% probabilities). VIXM(-22%) VXX(-20%) UUP(-19%) TBT(-19%) USO(-13%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.225% (StdDev 2.45%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $72.07(-1.47%) | 10 Day Moving Average | $69.77(1.78%) | 20 Day Moving Average | $68.94(3%) | To recent high | -3.3% | To recent low | 16.5% | Market Cap | $20.024b | | | | 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. |