Trading Signals: RNG Stock Price Prediction and Forecast

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Fri. May. 22, 2020

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

(RingCentral, Inc.)
RNG latest price $261.5300 (0.38%) ($255.4800 - $263.2500) on Fri. May. 22, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.13% (three month average)
RSI   68
Latest Price   $261.5300(0.38%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG declines -1.8% a day on average for past five trading days.
Weekly Trend   RNG advances 2.2% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support RNG advance at 0% a week (0% probability)
IPO(66%)    IBUY(65%)    ONLN(64%)    SKYY(64%)    IWF(58%)
Factors Impacting RNG price   RNG will decline at least -3.065% in a week (0% probabilities).
VIXM(-23%)    UUP(-16%)    VXX(-10%)    TBT(-10%)    DRIV(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.065% (StdDev 6.13%)
Hourly BBV 0 ()
Intraday Trend -0.1%

5 Day Moving Average   $262.54(-0.38%)
10 Day Moving Average   $270.26(-3.23%)
20 Day Moving Average   $254.78(2.65%)
To recent high   -8.5%
To recent low   88.2%
Market Cap   $23.265b

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 8.12% (three month std-dev: 6.13%) daily (68% of days).

Sample size 1 Average positive next day return: 4.1%(100%) Average negative next day return: 0%(0%) Sample size 1 Average positive next three day return: 6.04%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 11%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200622

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	May_22_2020	219.49	254.78	270.26	262.54	263.65	260.71	261.53(0.38%)	N/A	N/A	0	-0	-32	-70	-44	4	0.61	49%	0.41	25.7	6.13%	0	0.3	68	1.2
2	May_21_2020	218.59	253.68	270.93	267.4	267.27	263.2	260.55(-1.44%)	N/A	N/A	0	-0.3	-33	-110	-53	28	0.95	48%	0.2	33.3	6.18%	0	0.3	74	1.1
3	May_20_2020	218.16	252.62	271.09	269.6	271.94	266.59	264.36(0.45%)	N/A	N/A	0	-0.3	-31	-110	-56	44	0.77	47%	0.46	38.2	6.19%	0	0.6	68	1.5
4	May_19_2020	217.17	251.57	269.5	273.33	274.67	271.34	263.18(0.05%)	N/A	N/A	0	-0.5	-36	-70	-67	58	1.55	47%	0.46	46.7	6.2%	0	0.6	68	0.9
5	May_18_2020	216.18	250.15	267.02	276.45	277.89	277.3	263.06(-7.97%)	UD	OpenLong	65	-0.6	16	0	-11	95	1.64	47%	0.45	55.2	6.2%	0	0.6	69	1.4

6	May_15_2020	215.21	249.55	264.47	278.85	278.38	277.99	285.85(5.27%)	UT	OpenLong	75	0.3	40	-10	14	117	1.29	49%	0.57	69.8	6.11%	0	1.8	71	1
7	May_14_2020	214	246.93	257.87	275.02	275.67	278.47	271.55(-4.05%)	UD	OpenLong	75	-0.2	38	80	16	104	1.62	49%	0.28	78.5	6.13%	0	1.3	64	0.8
8	May_13_2020	213.4	244.93	253.66	272.65	272.44	278.76	283(1.51%)	UT	OpenLong	75	0.6	99	160	89	128	2.42	50%	0.56	82.7	6.1%	0	2.1	70	0.1
9	May_12_2020	212.21	242.19	247.79	265.06	266.09	272.87	278.8(1.37%)	UT	OpenLong	75	0.8	109	190	108	112	1.34	51%	0.54	89.2	6.11%	0	2.2	64	1.2
10	May_11_2020	211.06	239.24	242.09	256.13	257.6	266.11	275.03(3.11%)	UT	OpenLong	75	1.2	105	250	110	88	1.28	53%	0.52	78.8	6.12%	0	2.3	67	2.3

11	May_8_2020	209.96	235.97	237.59	247.93	248.8	259.31	266.73(2.71%)	UT	OpenLong	75	1.4	126	310	143	75	0.98	53%	0.49	69.2	6.12%	0	2.3	53	2
12	May_7_2020	208.93	232.87	234.41	238.2	239.38	249.08	259.7(5.98%)	UT	OpenLong	75	1.7	116	300	137	51	2.14	53%	0.47	44.2	6.16%	0	2.1	59	1.4
13	May_6_2020	207.96	230.69	231.97	231.97	231.09	238.3	245.04(4.64%)	UT	OpenLong	75	1.1	77	210	95	22	1.22	53%	0.4	36.5	6.12%	0	1.2	56	0.8
14	May_5_2020	207.14	228.28	231.61	228.01	227.14	229.69	234.17(0.08%)	UT	OpenLong	75	0.5	50	70	65	5	0.97	53%	0.35	17.6	6.1%	0	0.4	53	1.1
15	May_4_2020	206.42	227.72	231.59	225.86	224.32	223.87	233.99(7.29%)	DP	OpenShort	-75	0.6	-14	-30	-10	-26	1.11	54%	0.35	11.5	6.11%	0	0.5	58	0.5

16	May_1_2020	205.69	227.19	233.27	225.75	225.16	224.6	218.1(-4.56%)	DT	OpenShort	-75	-0.6	-26	-30	-28	-18	0.85	52%	0.29	6.4	6%	0	-0.7	58	0.4
17	Apr_30_2020	205.1	227.37	235.28	229.88	229.32	224.76	228.53(1.44%)	N/A	N/A	0	-0.1	-22	-150	-30	3	0.89	52%	0.34	16.1	5.97%	0	0.1	66	1.3
18	Apr_29_2020	204.41	226.55	235.83	231.95	233	225.72	225.28(0.85%)	DP	OpenShort	-75	-0.5	-77	-210	-99	-12	1.24	52%	0.31	27	5.97%	0	-0.1	56	1.7
19	Apr_28_2020	203.78	225.96	236.63	235.73	238.06	233.87	223.39(-4.31%)	N/A	N/A	0	-0.9	-50	-90	-74	23	1.05	53%	0.3	36.7	5.97%	0	-0.2	65	1.2
20	Apr_27_2020	203.18	226.19	236.8	237.97	241.43	240.28	233.45(-2.21%)	N/A	N/A	0	-0.3	-9	10	-28	48	0.88	53%	0.35	54	5.94%	0	0.5	55	1.4

21	Apr_24_2020	202.48	226.35	234.84	241.9	242.53	242.24	238.73(-0.08%)	UD	OpenLong	65	-0.2	12	-0	-6	64	0.72	53%	0.38	81.3	5.94%	0	0.9	56	0.9
22	Apr_23_2020	201.71	225.27	231.72	241.45	243.24	242.58	238.91(-2.15%)	UD	OpenLong	75	-0.2	26	0	12	66	0.7	53%	0.38	94.5	5.94%	0	1	58	0.4
23	Apr_22_2020	200.94	222.95	229.61	240.27	240.73	242.81	244.16(4.08%)	UT	OpenLong	75	0.3	17	70	1	64	0.7	53%	0.4	92.4	5.93%	0	1.4	62	0.3
24	Apr_21_2020	200.14	220.96	224.85	237.72	239.37	243.91	234.58(-7.32%)	UD	OpenLong	75	-0.2	74	150	72	80	1.62	53%	0.36	105	5.91%	0	0.9	60	-0.2
25	Apr_20_2020	199.42	218.88	223.58	235.21	234.64	238.64	253.11(7.02%)	UT	OpenLong	75	1.1	75	110	75	74	1.98	55%		112.5	5.83%	0	2.2	58	0.6
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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