Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $82.4300 (-3.52%) ($82.0000 - $85.7000) on Wed. May. 22, 2019. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 5.11% (three month average) | | RSI | 58 | | Latest Price | $82.4300(-3.52%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | ZM advances 0.6% a day on average for past five trading days. | | Weekly Trend | ZM advances 5.8% a week on average for past two weeks. | | Market Behavior | Value stocks 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 -2.555% 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 | -2.555% (StdDev 5.11%) | | Hourly BBV | 0 () | | Intraday Trend | -2.6% | | | | | |
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| 5 Day Moving Average | $85.18(-3.23%) | | 10 Day Moving Average | $80.86(1.94%) | | 20 Day Moving Average | $77.08(6.94%) | | To recent high | -8.4% | | To recent low | 33% | | Market Cap | $23.245b | | | | | | |
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. |