Trading Signals: RNG Stock Price Prediction and Forecast

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Thu. Jun. 9, 2016

Trading Signals: RNG Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Fri. Oct. 27, 2023)

(RingCentral, Inc.)
RNG latest price $20.5800 (-1.01%) ($20.4600 - $21.0000) on Thu. Jun. 9, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.6% (three month average)
RSI   75
Latest Price   $20.5800(-1.01%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 0.4% a day on average for past five trading days.
Weekly Trend   RNG advances 4.2% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
SKYY(62%)    ARKK(56%)    IWF(56%)    QQQ(56%)    IWO(54%)
Factors Impacting RNG price   RNG will decline at least -1.3% in a week (0% probabilities).
VIXM(-15%)    UUP(-5%)    GDXJ(-5%)    IPO(-4%)    IBUY(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.3% (StdDev 2.6%)
Hourly BBV 0 ()
Intraday Trend -0.8%

5 Day Moving Average   $20.42(0.78%)
10 Day Moving Average   $20.14(2.18%)
20 Day Moving Average   $19.45(5.81%)
To recent high   -1%
To recent low   43.1%
Market Cap   $1.831b

RingCentral, Inc. engages in the provision of global enterprise cloud communications and collaboration solutions. The firms solutions provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones; and allow for communication across multiple modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings and fax. It sells its products under the RingCentral Professional, RingCentral Glip, and RingCentral Fax brands. The company was founded by Vlad Vendrow and Vladimir Shmunis in 1999 and is headquartered in Belmont, CA.

$. RNG price fluctuates within 4.11% (three month std-dev: 2.6%) daily (68% of days).

Sample size 42 Average positive next day return: 1.16%(43%) Average negative next day return: -1.25%(57%) Sample size 42 Average positive next three day return: 1.79%(48%) Average negative next three day return: -1.95%(52%) Sample size 42 Average positive next weekly return: 3.05%(50%) Average negative next weekly return: -1.98%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20160709

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_9_2016	18.26	19.45	20.14	20.42	20.47	20.71	20.58(-1.01%)	UD	OpenLong	75	0.2	31	90	8	100	0.56	54%	-0.05	65	2.6%	0	1.4	75	0
2	Jun_8_2016	18.27	19.35	20.01	20.33	20.27	20.58	20.79(0.53%)	UT	OpenLong	75	0.6	33	100	14	88	0.49	51%	-0.05	66.1	2.99%	0	1.9	70	0
3	Jun_7_2016	18.28	19.23	19.79	20.14	20.07	20.24	20.68(2.33%)	UT	OpenLong	75	0.8	29	50	12	80	0.43	51%	0.11	64.3	3.05%	0	2.1	75	0
4	Jun_6_2016	18.26	19.12	19.57	19.95	19.91	19.97	20.21(1.81%)	UT	OpenLong	75	0.4	21	20	5	67	0.38	51%	-0.05	58	3.03%	0	1.8	66	0
5	Jun_3_2016	18.27	19.02	19.45	19.86	19.84	19.9	19.85(-1.39%)	UD	OpenLong	75	-0	19	20	3	67	0.51	51%	-0.05	50.3	3.03%	0	1.4	66	0

6	Jun_2_2016	18.28	18.94	19.33	19.82	19.78	19.85	20.13(1.56%)	UT	OpenLong	75	0.5	25	20	9	71	0.47	51%	-0.05	37.9	3.02%	0	2.1	70	0
7	Jun_1_2016	18.29	18.85	19.22	19.63	19.66	19.78	19.82(0.41%)	UT	OpenLong	75	0.4	26	50	12	68	0.73	51%	-0.16	27.2	3.02%	0	1.9	66	0
8	May_31_2016	18.32	18.79	19.07	19.38	19.45	19.71	19.74(-0.15%)	UD	OpenLong	75	0.8	23	100	14	51	0.58	51%	-0.22	18	3.06%	0	2.1	64	0
9	May_27_2016	18.36	18.77	18.95	19.13	19.16	19.54	19.77(0.76%)	UT	OpenLong	75	1.5	20	140	14	39	0.42	51%	-0.05	17.5	3.03%	0	2.3	64	0
10	May_26_2016	18.37	18.77	18.82	18.97	18.86	19.19	19.62(2.29%)	UT	OpenLong	75	1.5	19	110	15	32	0.56	51%	-0.11	9.4	3.05%	0	2	67	0

11	May_25_2016	18.39	18.73	18.69	18.78	18.72	18.78	19.18(3.23%)	UT	OpenLong	75	1	9	10	5	19	0.87	51%	-0.16	13.6	3.05%	0	1.1	62	0
12	May_24_2016	18.42	18.73	18.69	18.76	18.71	18.53	18.58(0.32%)	UT	OpenLong	75	-0.5	5	-80	-0	18	1.7	49%	-0.27	23.1	3.02%	0	-0.3	55	0
13	May_23_2016	18.47	18.71	18.63	18.7	18.72	18.67	18.52(-2.22%)	N/A	N/A	0	-0.4	-1	-20	-5	12	0.88	45%	0.05	23.7	3.03%	0	-0.5	46	0
14	May_20_2016	18.46	18.7	18.64	18.73	18.73	18.89	18.94(1.34%)	UT	OpenLong	75	0.5	7	60	6	9	0.69	45%	-0.27	26	3.11%	0	0.6	41	0
15	May_19_2016	18.51	18.69	18.57	18.63	18.68	18.77	18.69(-1.89%)	N/A	N/A	0	0.1	4	40	6	-4	0.54	45%	-0.32	33.8	3.13%	0	0	45	0

16	May_18_2016	18.57	18.68	18.53	18.59	18.55	18.57	19.05(4.04%)	DP	OpenShort	-65	1	-3	0	3	-22	0.78	45%	-0.27	34.7	3.13%	0	0.8	39	0
17	May_17_2016	18.62	18.62	18.46	18.49	18.53	18.58	18.31(-1.93%)	DT	OpenShort	-75	-0.4	-11	30	-2	-36	0.41	44%	-0.32	38.4	3.09%	0	-0.7	46	0
18	May_16_2016	18.68	18.61	18.5	18.55	18.57	18.53	18.67(1.19%)	DP	OpenShort	-65	0.3	-6	-10	2	-29	0.55	49%	0	61.2	3.11%	0	0.1	53	0
19	May_13_2016	18.68	18.59	18.57	18.54	18.54	18.47	18.45(0%)	DT	HoldShort	-50	-0.2	-6	-30	-1	-19	0.63	49%	-0.32	74.7	3.22%	0	-0.3	55	0
20	May_12_2016	18.74	18.55	18.63	18.49	18.56	18.47	18.45(-0.54%)	DT	HoldShort	-50	-0.1	-3	30	2	-18	0.27	49%	-0.32	75.2	3.24%	0	-0.2	48	0

21	May_11_2016	18.8	18.52	18.76	18.47	18.46	18.6	18.55(-0.38%)	N/A	N/A	0	0.1	1	50	3	-7	0.23	49%	-0.32	71.2	3.25%	0	0	53	0
22	May_10_2016	18.86	18.45	18.8	18.42	18.38	18.53	18.62(0.05%)	N/A	N/A	0	0.3	2	50	3	-1	0.35	52%	-0.32	56.7	3.25%	0	0.2	58	0
23	May_9_2016	18.92	18.34	18.79	18.45	18.35	18.32	18.61(2.14%)	N/A	N/A	0	0.2	-4	-30	-6	2	0.45	48%	-0.26	47.8	3.3%	0	0.3	56	0
24	May_6_2016	18.97	18.22	18.76	18.63	18.5	18.23	18.22(-0.6%)	N/A	N/A	0	-0.4	-5	-120	-10	9	0.5	43%	-0.26	48.9	3.63%	0	0	52	0
25	May_5_2016	19.02	18.16	18.82	18.8	18.79	18.39	18.33(0.05%)	N/A	N/A	0	-0.5	-6	-150	-16	25	0.36	39%		56.3	3.65%	0	0.2	59	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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