Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $84.6700 (-5.9%) ($83.2700 - $91.4600) on Mon. May. 20, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.23% (three month average) | RSI | 63 | Latest Price | $84.6700(-5.9%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 3.1% a day on average for past five trading days. | Weekly Trend | ZM advances 4.6% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(47%) IPO(47%) SKYY(43%) ONLN(42%) IBUY(41%) | Factors Impacting ZM price | ZM will decline at least -2.615% in a week (0% probabilities). XLE(-11%) TBT(-11%) UUP(-10%) OIH(-9%) VXX(-8%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.615% (StdDev 5.23%) | Hourly BBV | 0 () | Intraday Trend | -6% | | | |
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5 Day Moving Average | $82.19(3.02%) | 10 Day Moving Average | $79.19(6.92%) | 20 Day Moving Average | $75.31(12.43%) | To recent high | -5.9% | To recent low | 36.6% | Market Cap | $23.876b | | | | Zoom Video Communications, Inc. engages in the provision of video-first communications platform. It connects people through frictionless video, voice, chat and content sharing, and enable face-to-face video experiences for thousands of people in a single meeting across disparate devices and locations. It focuses on customer and employee happiness, a video-first cloud architecture, recognized market leadership, viral demand, an efficient go-to-market strategy, and robust customer support. The company was founded by Eric S. Yuan in 2011 and is headquartered in San Jose, CA. |