Trading Signals: RNG Stock Price Prediction and Forecast

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Sun. Dec. 27, 2020

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

(RingCentral, Inc.)
RNG latest price $398.5100 (0.69%) ($396.0000 - $405.4600) on Sun. Dec. 27, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.9% (three month average)
RSI   83
Latest Price   $398.5100(0.69%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   RNG advances 0.6% a day on average for past five trading days.
Weekly Trend   RNG advances 7.6% 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)
(0%)    (0%)    (0%)    (0%)    (0%)
Factors Impacting RNG price   RNG will decline at least -1.45% in a week (0% probabilities).
(0%)    (0%)    (0%)    (0%)    (0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.45% (StdDev 2.9%)
Hourly BBV 0 ()
Intraday Trend 0.5%

5 Day Moving Average   $395.58(0.74%)
10 Day Moving Average   $380.67(4.69%)
20 Day Moving Average   $355.5(12.1%)
To recent high   -1%
To recent low   55.1%
Market Cap   $N/A

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 9.15% (three month std-dev: 2.9%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -2.81%(100%) Sample size 1 Average positive next three day return: 0%(0%) Average negative next three day return: -2.63%(100%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -4.09%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210127

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	Dec_24_2020	294.34	355.5	380.67	395.58	396.67	398.71	398.51(0.69%)	UT	HoldLong	65	0.1	62	40	27	168	0.23	77%	0.37	88.1	2.9%	-2.4	1.3	83	1.3
2	Dec_23_2020	293.26	350.09	375.56	393.4	394.74	398.5	395.78(-1.67%)	UD	OpenLong	75	0.1	134	80	110	204	0.74	77%	0.35	84	2.91%	0.3	1.4	78	0.5
3	Dec_22_2020	292.25	344.51	369.97	388.14	391.4	394.63	402.51(2.35%)	UT	HoldLong	65	0.4	186	80	174	222	0.73	77%	0.34	76.1	2.92%	1.8	1.7	84	-0.7
4	Dec_21_2020	291.27	338.73	364.26	378.26	382.3	390.99	393.25(1.4%)	UT	HoldLong	65	0.4	165	190	151	207	0.79	78%	0.36	68.8	2.92%	1.7	1.6	87	-1.6
5	Dec_18_2020	290.23	333.69	359.41	370.11	373.8	388.16	387.83(0.05%)	UT	HoldLong	65	0.5	341	300	357	294	1.18	78%	0.37	64.4	2.94%	0.6	1.7	88	1.2

6	Dec_17_2020	289.15	329	353.81	363.55	364.2	373.62	387.63(4.91%)	UT	HoldLong	65	0.8	330	190	342	293	1.32	78%	0.36	61.1	2.95%	1.4	1.9	88	1.6
7	Dec_16_2020	288.1	323.88	348.51	355.3	355.75	359.43	369.5(4.65%)	UT	HoldLong	65	0.5	165	80	146	221	0.85	77%	0.33	58.5	2.91%	1.7	1.6	87	1.5
8	Dec_15_2020	287.15	320	344.4	349.19	350.46	354.78	353.08(0.16%)	UT	HoldLong	65	0.1	117	100	86	211	1.12	75%	0.27	58.9	2.87%	-0.3	1.2	87	0.8
9	Dec_14_2020	286.39	317.02	339.94	348.06	346.94	352.07	352.52(-0.7%)	UD	OpenLong	75	0.2	149	90	120	237	0.59	75%	0.3	65.4	2.9%	1.2	1.4	81	-0.6
10	Dec_11_2020	285.54	314.13	334.65	346.91	345.42	346.14	355(2.49%)	UT	HoldLong	65	0.3	141	0	109	237	0.69	66%	0.28	68.5	2.91%	1.9	1.7	77	0.3

11	Dec_10_2020	284.74	311.41	328.57	342.47	342.93	341.81	346.38(2.18%)	UT	HoldLong	50	0.2	21	-20	-25	159	0.6	69%	0.23	72.9	3.11%	0.6	1.5	73	0.9
12	Dec_9_2020	284.09	308.23	322.96	340.64	341.09	344.69	338.98(-2.43%)	UD	OpenLong	75	-0.1	71	80	35	178	0.85	69%	0.19	77.3	3.21%	-2.7	1.4	75	1
13	Dec_8_2020	283.55	305.1	317.52	338.68	338.79	344.05	347.43(0.19%)	UT	OpenLong	75	0.4	197	110	185	231	0.53	69%	0.26	81.3	3.19%	0.9	2	73	1.6
14	Dec_7_2020	282.81	301.02	311.5	330.36	331.76	337.49	346.77(4.2%)	UT	OpenLong	75	0.8	181	130	176	196	0.99	69%	0.32	76	3.21%	1.5	2.2	73	1.1
15	Dec_4_2020	281.92	298.16	305.98	320.42	321.63	333.54	332.8(-1.31%)	UD	OpenLong	75	0.7	213	270	224	181	0.82	63%	0.3	83	3.2%	0.3	2	68	1.2

16	Dec_3_2020	281.09	295.72	302.13	312.41	311.91	326.04	337.21(2.44%)	UT	OpenLong	75	1.6	325	310	365	205	1.16	58%	0.29	85	3.26%	1.2	2.7	63	0.9
17	Dec_2_2020	280.29	292.31	296.92	302.7	301.56	309.73	329.18(7.63%)	UT	OpenLong	75	2.1	235	180	268	134	2.28	58%	0.24	81.4	3.38%	1.8	2.9	70	1
18	Dec_1_2020	279.61	288.67	293.08	293.43	293.33	297.79	305.85(2.96%)	UT	OpenLong	75	1	96	110	111	50	0.98	57%	0.16	54.2	3.27%	0.5	1.4	67	1
19	Nov_30_2020	279.15	286.31	291.82	289.91	289.42	293.39	297.05(1.47%)	UT	OpenLong	75	0.5	68	90	77	40	1.2	57%	0.04	33.5	3.33%	0.5	0.8	69	1.1
20	Nov_27_2020	279.03	284.46	291.71	289.39	288.48	288.87	292.74(1.4%)	UT	OpenLong	75	0.2	34	0	37	24	0.44	57%	-0.06	21.7	3.34%	-2.4	0.6	50	1.1

21	Nov_25_2020	279.21	283.16	292.76	290.23	289.88	285.45	288.7(2.08%)	N/A	N/A	0	-0.1	-42	-110	-56	0	0.87	57%	0.01	17.6	3.33%	0.9	0.4	52	1.3
22	Nov_24_2020	279.19	282.18	292.45	290.12	291.69	288.09	282.82(-1.88%)	DT	OpenShort	-75	-0.5	-90	-70	-115	-16	0.96	57%	-0.03	10.3	3.32%	-1	0	57	1.1
23	Nov_23_2020	279.27	282.31	292.15	292.47	293.47	294.32	288.24(-2.12%)	N/A	N/A	0	-0.3	-10	30	-26	40	1.2	57%	0.03	12.2	3.33%	-1.2	0.4	65	1.1
24	Nov_20_2020	279.18	282.01	290.32	293.82	294.46	295.28	294.47(-0.82%)	UD	OpenLong	75	0	54	30	45	81	0.92	57%	0.03	15	3.31%	0	0.9	67	1.2
25	Nov_19_2020	279.11	281.43	290.2	294.34	293.82	292.63	296.9(3.03%)	N/A	N/A	0	0.2	-8	-30	-35	75	1.15	57%		18.1	3.31%	0.6	1.1	67	1.3
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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