Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $91.8800 (1.58%) ($88.0000 - $91.9700) on Fri. Jul. 5, 2019. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.31% (three month average) | RSI | 40 | Latest Price | $91.8800(1.58%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.4% a day on average for past five trading days. | Weekly Trend | ZM declines -6% a week on average for past two weeks. | Market Behavior | Normal for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) IPO(48%) ARKK(47%) SKYY(44%) IBUY(42%) ONLN(42%) | Factors Impacting ZM price | ZM will decline at least -2.655% in a week (0% probabilities). TBT(-12%) XLE(-11%) VIXM(-11%) UUP(-10%) OIH(-10%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.655% (StdDev 5.31%) | Hourly BBV | 0 () | Intraday Trend | 1.9% | | | |
|
Resistance Level | $94.32 | 5 Day Moving Average | $88.62(3.68%) | 10 Day Moving Average | $89.39(2.79%) | 20 Day Moving Average | $94.32(-2.59%) | To recent high | -10.6% | To recent low | 48.2% | Market Cap | $25.909b | | | | 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. |