Trading Signals: RNG Stock Price Prediction and Forecast

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Thu. Apr. 20, 2017

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

(RingCentral, Inc.)
RNG latest price $29.6000 (0.51%) ($29.2000 - $29.9500) on Thu. Apr. 20, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.82% (three month average)
RSI   70
Latest Price   $29.6000(0.51%)
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 2.6% 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 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 -0.91% 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   -0.91% (StdDev 1.82%)
Hourly BBV 0 ()
Intraday Trend -0.3%

5 Day Moving Average   $29.09(1.75%)
10 Day Moving Average   $28.56(3.64%)
20 Day Moving Average   $28.02(5.64%)
To recent high   0%
To recent low   32.7%
Market Cap   $2.633b

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 2.93% (three month std-dev: 1.82%) daily (68% of days).

Sample size 50 Average positive next day return: 1.29%(50%) Average negative next day return: -1.44%(50%) Sample size 50 Average positive next three day return: 2.45%(54%) Average negative next three day return: -2.07%(46%) Sample size 50 Average positive next weekly return: 3.02%(58%) Average negative next weekly return: -3.61%(42%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170520

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	Apr_20_2017	24.55	28.02	28.56	29.09	29.13	29.47	29.6(0.51%)	UT	OpenLong	75	0.6	41	90	23	93	0.62	72%	0.37	58.7	1.82%	0	1.9	70	INF
2	Apr_19_2017	24.46	27.88	28.32	28.89	28.89	29.04	29.45(2.08%)	UT	OpenLong	75	0.7	30	40	15	73	0.48	72%	0.37	54	1.88%	0	2	69	INF
3	Apr_18_2017	24.37	27.75	28.14	28.74	28.72	28.8	28.85(-0.52%)	UD	OpenLong	75	0.2	25	20	10	68	0.31	71%	0.29	57.1	1.87%	0	1.6	69	INF
4	Apr_17_2017	24.3	27.69	28.03	28.51	28.71	28.75	29(1.58%)	UT	OpenLong	75	0.8	33	30	21	67	0.26	66%	0.25	61.3	1.86%	0	2	73	INF
5	Apr_13_2017	24.24	27.61	27.94	28.18	28.39	28.64	28.55(-0.17%)	UD	OpenLong	75	0.7	25	80	14	57	0.37	66%	0.25	62.6	1.93%	0	1.7	71	INF

6	Apr_12_2017	24.18	27.55	27.85	27.93	28.05	28.67	28.6(-0.35%)	UD	OpenLong	75	1.3	36	170	29	55	0.39	66%	0.29	60.8	1.94%	0	2	72	INF
7	Apr_11_2017	24.11	27.47	27.74	27.67	27.71	28.14	28.7(3.61%)	UT	OpenLong	75	2	35	110	30	48	0.65	66%	0.25	53.4	1.94%	0	2.4	75	INF
8	Apr_10_2017	24.05	27.35	27.59	27.47	27.42	27.43	27.7(1.28%)	UT	OpenLong	75	0.5	10	-0	3	31	0.27	64%	0.21	48.2	1.9%	0	0.8	66	INF
9	Apr_7_2017	24	27.3	27.52	27.48	27.48	27.28	27.35(0.18%)	N/A	N/A	0	-0.3	-7	-50	-14	15	0.61	64%	0.21	48.3	1.88%	0	0.1	42	INF
10	Apr_6_2017	23.95	27.26	27.49	27.67	27.65	27.42	27.3(0%)	N/A	N/A	0	-0.8	-3	-60	-12	24	0.36	65%	0.13	58.9	1.9%	0	0.1	49	INF

11	Apr_5_2017	23.92	27.24	27.46	27.74	27.65	27.67	27.3(-1.44%)	N/A	N/A	0	-0.8	0	-30	-8	25	0.54	65%	0.17	61.8	1.92%	0	0.1	48	INF
12	Apr_4_2017	23.88	27.19	27.42	27.81	27.83	27.88	27.7(-0.18%)	UD	OpenLong	75	-0.2	9	10	2	30	0.54	65%	0.21	60.8	1.92%	0	0.9	58	INF
13	Apr_3_2017	23.83	27.13	27.42	27.72	27.75	27.99	27.75(-1.94%)	UD	OpenLong	75	0.1	20	60	15	36	0.54	67%	0.25	54.3	1.92%	0	1.1	66	INF
14	Mar_31_2017	23.77	27.07	27.34	27.56	27.52	27.79	28.3(2.35%)	UT	OpenLong	75	1.4	27	60	22	42	0.8	70%	0.3	40.3	1.93%	0	2.3	68	INF
15	Mar_30_2017	23.7	26.98	27.24	27.29	27.19	27.52	27.65(0%)	UT	HoldLong	50	0.8	19	70	14	32	0.62	69%	0.3	33.5	1.94%	0	1.5	64	INF

16	Mar_29_2017	23.63	26.92	27.22	27.15	27.05	27.25	27.65(1.47%)	UT	OpenLong	75	1.2	23	40	19	33	0.41	69%	0.3	33.8	1.95%	0	1.7	61	INF
17	Mar_28_2017	23.56	26.87	27.16	26.98	26.89	26.86	27.25(1.11%)	UT	OpenLong	75	0.7	10	-20	5	24	0.5	65%	0.3	35.6	1.95%	0	0.9	62	INF
18	Mar_27_2017	23.49	26.84	27.08	26.9	26.83	26.84	26.95(0%)	N/A	N/A	0	0.1	-6	-10	-12	12	0.38	65%	0.3	42.3	2%	0	0.3	59	INF
19	Mar_24_2017	23.42	26.85	27.05	27.09	27.02	26.93	26.95(0%)	UD	OpenLong	65	-0.3	5	-30	-3	29	0.49	65%	0.3	76.3	2.01%	0	0.2	57	INF
20	Mar_23_2017	23.35	26.82	27.02	27.19	27.19	26.81	26.95(0.56%)	N/A	N/A	0	-0.5	-3	-100	-14	31	0.43	65%	0.34	93.6	2.03%	0	0.3	56	INF

21	Mar_22_2017	23.27	26.77	27	27.3	27.38	27.11	26.8(-0.19%)	N/A	N/A	0	-1	-2	-60	-16	40	0.34	65%	0.3	100.5	2.03%	0	0.1	55	INF
22	Mar_21_2017	23.2	26.73	26.97	27.36	27.53	27.57	26.85(-3.76%)	UD	OpenLong	75	-0.9	15	30	4	49	0.67	62%	0.26	112.1	2.04%	0	0.2	52	INF
23	Mar_20_2017	23.14	26.67	26.93	27.26	27.37	27.65	27.9(1.64%)	UT	OpenLong	75	1.1	26	80	19	48	0.57	66%	0.35	121.4	2.01%	0	2.2	69	INF
24	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	INF
25	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%		107.4	2.01%	0	1.6	65	INF
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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