Trading Signals: RNG Stock Price Prediction and Forecast

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Fri. Mar. 17, 2017

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

(RingCentral, Inc.)
RNG latest price $27.4500 (-0.18%) ($27.3000 - $28.0000) on Fri. Mar. 17, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.99% (three month average)
RSI   49
Latest Price   $27.4500(-0.18%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 0.7% a day on average for past five trading days.
Weekly Trend   RNG advances 0.5% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock rally for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
SKYY(63%)    IBUY(61%)    ARKK(57%)    IWF(56%)    QQQ(56%)
Factors Impacting RNG price   RNG will decline at least -0.995% in a week (0% probabilities).
VIXM(-14%)    UUP(-6%)    IPO(-6%)    GDXJ(-6%)    UNG(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.995% (StdDev 1.99%)
Hourly BBV 0 ()
Intraday Trend -0.5%

5 Day Moving Average   $27(1.67%)
10 Day Moving Average   $26.78(2.5%)
20 Day Moving Average   $26.54(3.43%)
To recent high   -0.2%
To recent low   33.3%
Market Cap   $2.442b

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 2.15% (three month std-dev: 1.99%) daily (68% of days).

Sample size 6 Average positive next day return: 1.62%(50%) Average negative next day return: -0.3%(50%) Sample size 6 Average positive next three day return: 3.76%(50%) Average negative next three day return: -2.68%(50%) Sample size 6 Average positive next weekly return: 7.21%(17%) Average negative next weekly return: -2.54%(83%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170417

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	Mar_17_2017	23.06	26.54	26.78	27	27.03	27.48	27.45(-0.18%)	UD	OpenLong	75	0.8	22	120	21	25	0.59	66%	0.3	121.4	1.99%	0	1.6	49	0
2	Mar_16_2017	22.99	26.4	26.68	26.82	26.77	27.08	27.5(1.48%)	UT	OpenLong	75	1	19	80	20	16	0.65	66%	0.26	107.4	2.01%	0	1.6	65	0
3	Mar_15_2017	22.93	26.28	26.58	26.67	26.61	26.58	27.1(2.85%)	UT	OpenLong	75	0.6	9	-10	9	9	0.56	66%	0.17	123.9	2.02%	0	1.2	66	0
4	Mar_14_2017	22.89	26.13	26.54	26.53	26.53	26.47	26.35(-0.94%)	N/A	N/A	0	-0.2	-3	-20	-5	5	0.7	64%	0.18	105.1	1.99%	0	0.3	61	0
5	Mar_13_2017	22.85	26.01	26.57	26.54	26.54	26.65	26.6(0.19%)	UT	OpenLong	75	0.1	7	30	3	19	0.52	64%	0.18	98.4	2.02%	0	0.6	66	0

6	Mar_10_2017	22.81	25.86	26.64	26.54	26.5	26.59	26.55(-0.75%)	UD	OpenLong	75	0	14	20	5	41	0.8	64%	0.22	88	2.01%	0	0.6	71	0
7	Mar_9_2017	22.76	25.68	26.61	26.52	26.44	26.44	26.75(1.33%)	UT	HoldLong	65	0.2	17	-10	3	59	0.53	61%	0.22	74.9	2.03%	0	0.9	79	0
8	Mar_8_2017	22.71	25.47	26.53	26.48	26.42	26.41	26.4(0%)	UD	OpenLong	65	-0.1	13	-10	-4	62	0.42	64%	0.22	63.6	2.05%	0	0.7	65	0
9	Mar_7_2017	22.66	25.29	26.48	26.55	26.45	26.44	26.4(-0.38%)	UD	OpenLong	65	-0.1	20	-10	-3	87	0.55	66%	0.22	59.1	2.1%	0	0.7	74	0
10	Mar_6_2017	22.61	25.11	26.41	26.61	26.56	26.42	26.5(-0.19%)	UD	OpenLong	65	-0.1	21	-40	-8	107	0.43	66%	0.22	56.1	2.15%	0	0.9	76	0

11	Mar_3_2017	22.56	24.94	26.29	26.77	26.63	26.47	26.55(0%)	UD	OpenLong	65	-0.1	30	-60	-5	133	0.54	69%	0.27	55.8	2.26%	0	1	78	0
12	Mar_2_2017	22.5	24.78	26.1	26.71	26.77	26.69	26.55(-0.75%)	UD	OpenLong	75	-0.1	42	-10	5	154	0.61	66%	0.18	55.9	2.28%	0	1.1	81	0
13	Mar_1_2017	22.46	24.6	25.97	26.58	26.57	26.79	26.75(0.19%)	UT	HoldLong	65	0.1	51	60	8	179	0.85	66%	0.22	52.8	2.31%	0	1.4	84	0
14	Feb_28_2017	22.41	24.42	25.69	26.39	26.34	26.86	26.7(-2.2%)	UD	OpenLong	75	0.2	63	130	22	184	0.99	60%	0.22	51.1	2.41%	0	1.5	80	0
15	Feb_27_2017	22.36	24.25	25.41	26.18	25.98	26.34	27.3(4%)	UT	HoldLong	65	0.8	68	70	28	188	1.6	60%	0.22	50.1	2.46%	0	2.2	85	0

16	Feb_24_2017	22.31	24.08	25.02	25.76	25.61	25.82	26.25(1.35%)	UT	OpenLong	75	0.4	56	40	18	171	0.93	58%	0.13	54.6	2.41%	0	1.8	73	0
17	Feb_23_2017	22.28	23.92	24.68	25.41	25.37	25.63	25.9(0.39%)	UT	OpenLong	75	0.4	46	70	13	146	0.95	60%	0.13	56.3	2.43%	0	1.8	70	0
18	Feb_22_2017	22.25	23.8	24.32	25.26	25.08	25.4	25.8(0.58%)	UT	OpenLong	75	0.5	50	70	21	137	1.05	58%	0.09	66.7	2.46%	0	2	72	0
19	Feb_21_2017	22.23	23.68	24	24.88	24.89	25.11	25.65(1.79%)	UT	OpenLong	75	0.9	46	60	25	110	1.26	58%	0	74.2	2.49%	0	2.2	66	0
20	Feb_17_2017	22.23	23.56	23.69	24.51	24.44	24.76	25.2(2.86%)	UT	OpenLong	75	0.9	33	80	17	82	0.79	56%	0.09	79.6	2.46%	0	2.2	64	0

21	Feb_16_2017	22.21	23.44	23.48	24.17	24.16	24.66	24.5(-2.58%)	UD	OpenLong	75	0.5	35	140	28	56	1.06	55%	0.05	75.9	2.49%	0	1.5	49	0
22	Feb_15_2017	22.2	23.31	23.34	23.82	23.75	24.12	25.15(5.23%)	UT	OpenLong	75	1.8	36	100	35	39	1.48	58%	0.05	60.9	2.48%	0	2.5	62	0
23	Feb_14_2017	22.19	23.14	23.11	23.25	23.26	23.65	23.9(0.42%)	N/A	N/A	0	0.9	13	120	19	-7	2.63	56%	0.05	44.6	2.41%	0	1.1	51	0
24	Feb_13_2017	22.18	23.04	23.04	22.99	22.92	23.38	23.8(1.28%)	N/A	N/A	0	1.2	11	130	22	-24	1.32	56%	0	35.3	2.42%	0	1.1	50	0
25	Feb_10_2017	22.18	22.97	22.99	22.75	22.67	22.88	23.5(3.3%)	DP	OpenShort	-65	1.1	-3	50	11	-44	1.57	59%		31.4	2.46%	0	0.8	50	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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