Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $92.7200 (1.97%) ($91.5500 - $93.4500) on Wed. Jul. 10, 2019. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 5.17% (three month average) | | RSI | 37 | | Latest Price | $92.7200(1.97%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | ZM advances 1.7% a day on average for past five trading days. | | Weekly Trend | ZM declines -2% a week on average for past two weeks. | | Market Behavior | Growth stock rally for large cap. Normal 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 -2.585% 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 | -2.585% (StdDev 5.17%) | | Hourly BBV | 0 () | | Intraday Trend | 1% | | | | | |
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| Resistance Level | $93.5 | | 5 Day Moving Average | $91.35(1.5%) | | 10 Day Moving Average | $89.51(3.59%) | | 20 Day Moving Average | $93.5(-0.83%) | | To recent high | -9.8% | | To recent low | 49.5% | | Market Cap | $26.146b | | | | | | |
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. |