Trading Signals: RNG Stock Price Prediction and Forecast

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Wed. Aug. 22, 2018

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

(RingCentral, Inc.)
RNG latest price $90.7000 (1.06%) ($88.8000 - $90.8500) on Wed. Aug. 22, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.42% (three month average)
RSI   94
Latest Price   $90.7000(1.06%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 0.5% a day on average for past five trading days.
Weekly Trend   RNG advances 3.8% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
SKYY(63%)    IBUY(62%)    ONLN(61%)    ARKK(57%)    QQQ(57%)
Factors Impacting RNG price   RNG will decline at least -1.21% in a week (0% probabilities).
VXX(-12%)    VIXM(-11%)    UUP(-7%)    GDXJ(-7%)    XHB(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.21% (StdDev 2.42%)
Hourly BBV 0 ()
Intraday Trend 1.1%

5 Day Moving Average   $89.64(1.18%)
10 Day Moving Average   $88.95(1.97%)
20 Day Moving Average   $84.76(7.01%)
To recent high   0%
To recent low   33.3%
Market Cap   $8.069b

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 6.35% (three month std-dev: 2.42%) daily (68% of days).

Sample size 10 Average positive next day return: 1.64%(40%) Average negative next day return: -1.2%(60%) Sample size 10 Average positive next three day return: 4.27%(70%) Average negative next three day return: -2.47%(30%) Sample size 10 Average positive next weekly return: 4.43%(60%) Average negative next weekly return: -5.5%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180922

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	Aug_22_2018	75.38	84.76	88.95	89.64	89.4	89.69	90.7(1.06%)	UT	HoldLong	65	0.2	37	10	16	101	0.47	53%	0.36	41.7	2.42%	0	1.1	94	1.2
2	Aug_21_2018	75.11	84.28	88.58	89.23	89.18	89.25	89.75(0.45%)	UT	HoldLong	65	0.1	35	0	6	121	0.84	51%	0.37	39.5	2.44%	0	1	95	0.7
3	Aug_20_2018	74.83	83.75	88.3	89.2	88.96	89.11	89.35(0.06%)	UT	HoldLong	65	0	43	0	5	158	0.39	51%	0.2	38.7	2.48%	0	1.1	96	1.1
4	Aug_17_2018	74.68	83.34	87.56	88.88	88.8	89.12	89.3(0.22%)	UT	HoldLong	65	0.1	55	20	13	182	0.34	51%	0.36	41.2	2.48%	0	1.2	95	0.9
5	Aug_16_2018	74.41	82.92	86.64	88.54	88.5	88.81	89.1(0.51%)	UT	OpenLong	75	0.1	58	20	16	182	0.36	53%	0.36	44.1	2.49%	0	1.3	68	0.2

6	Aug_15_2018	74.14	82.57	85.68	88.13	87.98	88.49	88.65(-1.06%)	UD	OpenLong	75	0.1	51	40	12	169	0.97	53%	0.32	48.2	2.5%	0	1.3	61	-1.4
7	Aug_14_2018	73.9	82.25	84.51	87.81	87.74	88.19	89.6(2.11%)	UT	OpenLong	75	0.4	59	30	25	159	0.65	53%	0.3	58.5	2.51%	0	1.7	64	0.4
8	Aug_13_2018	73.68	81.81	82.96	87.29	87.25	87.48	87.75(0.17%)	UT	OpenLong	75	0.1	46	20	16	136	0.56	53%	0.3	67.7	2.5%	0	1.5	65	-1
9	Aug_10_2018	73.46	81.35	81.6	86.02	87.27	87.28	87.6(0.63%)	UT	OpenLong	75	0.4	56	40	40	105	0.52	54%	0.29	67.7	2.52%	0	1.6	59	0.6
10	Aug_9_2018	73.25	80.88	80.77	84.41	85.59	87.02	87.05(0%)	UT	HoldLong	50	0.7	43	160	34	71	1.15	54%	0.26	65.3	2.61%	0	1.7	59	1.8

11	Aug_8_2018	73.06	80.44	80.2	82.81	83.48	87.26	87.05(0.06%)	UT	OpenLong	75	1.2	97	340	105	73	0.83	54%	0.26	62.8	2.61%	0	1.9	56	2.3
12	Aug_7_2018	72.87	79.8	79.55	80.69	81.26	84.16	87(6.88%)	UT	OpenLong	75	1.9	123	270	147	52	1.83	55%	0.28	53.2	2.62%	0	2.2	55	2.3
13	Aug_6_2018	72.67	79.17	78.7	78.04	78.08	79.71	81.4(2.33%)	N/A	N/A	0	1.1	40	150	64	-33	1.57	52%	0.19	38.5	2.5%	0	0.7	49	1.9
14	Aug_3_2018	72.53	78.83	78.65	76.52	76.35	78.36	79.55(0.63%)	N/A	N/A	0	1	19	180	45	-60	1.75	52%	0.15	30.3	2.49%	0	0.2	53	1.1
15	Aug_2_2018	72.42	78.62	78.81	76.61	75.74	76.45	79.05(3.4%)	N/A	N/A	0	0.7	4	30	25	-60	0.92	52%	0.15	34	2.49%	0	0.1	52	0.8

16	Aug_1_2018	72.31	78.28	79.14	77.25	76.62	74.33	76.45(3.66%)	DP	OpenShort	-75	-0.2	-50	-230	-44	-68	1.89	50%	0.15	43.8	2.47%	0	-0.5	47	0.7
17	Jul_31_2018	72.2	78.06	79.8	78.27	78.2	75.03	73.75(-0.07%)	DT	OpenShort	-75	-1.2	-98	-290	-112	-56	1.79	48%	0.1	49.4	2.45%	0	-1.1	54	0.6
18	Jul_30_2018	72.13	78.01	80.65	79.4	79.96	78.9	73.8(-7.75%)	DT	OpenShort	-75	-1.4	-60	-70	-78	-4	1.45	48%	0.1	59.3	2.45%	0	-1.1	53	0.3
19	Jul_27_2018	72.06	77.9	81.26	80.94	80.97	81.38	80(-2.74%)	UD	OpenLong	75	-0.2	22	40	4	76	1.09	53%	0.19	65	2.24%	0	0.5	69	0.6
20	Jul_26_2018	71.92	77.46	81.17	81.25	81.02	81.03	82.25(0.86%)	UT	OpenLong	75	0.2	30	-10	7	98	0.41	55%	0.24	60.4	2.21%	0	1.1	74	1.1

21	Jul_25_2018	71.75	76.77	80.83	81.36	81.18	80.56	81.55(2.71%)	UD	OpenLong	65	0	12	-60	-22	114	0.6	55%	0.24	49.2	2.22%	0	1	79	1.2
22	Jul_24_2018	71.58	76.2	80.17	81.65	81.8	81.01	79.4(-2.58%)	UD	OpenLong	65	-0.5	12	-60	-29	133	0.85	53%	0.21	44.2	2.2%	0	0.7	78	1.2
23	Jul_23_2018	71.43	75.72	79.76	82.12	82.21	81.8	81.5(-0.06%)	UD	OpenLong	65	-0.1	36	-30	-8	168	0.84	55%	0.25	35.7	2.19%	0	1.2	82	0.9
24	Jul_20_2018	71.25	75.24	79.08	81.59	81.89	82.59	81.55(-1.51%)	UD	OpenLong	75	-0	60	70	18	187	0.42	55%	0.28	28.1	2.19%	0	1.3	84	1.1
25	Jul_19_2018	71.05	74.87	78.42	81.01	81.04	82.61	82.8(-0.24%)	UD	OpenLong	75	0.4	96	140	57	211	0.93	55%		23.1	2.18%	0	1.8	86	1.2
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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