Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $80.6700 (2.31%) ($78.2600 - $80.9900) on Mon. Sep. 16, 2019. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 3.2% (three month average) | | RSI | 30 | | Latest Price | $80.6700(2.31%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | ZM advances 0.5% a day on average for past five trading days. | | Weekly Trend | ZM declines -6.2% a week on average for past two weeks. | | Market Behavior | Growth stock sell-off 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(43%) IBUY(42%) ONLN(42%) | | Factors Impacting ZM price | ZM will decline at least -1.6% in a week (0% probabilities).
TBT(-13%) XLE(-12%) VIXM(-11%) UUP(-11%) IYT(-11%) | | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -1.6% (StdDev 3.2%) | | Hourly BBV | 0 () | | Intraday Trend | 2.8% | | | | | |
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| 1 - 5 Day Possible Target | $70.92(-12.09%) | | Resistance Level | $87.91 | | 5 Day Moving Average | $80.42(0.31%) | | 10 Day Moving Average | $84.18(-4.17%) | | 20 Day Moving Average | $87.91(-8.24%) | | To recent high | -21.2% | | To recent low | 2.6% | | Market Cap | $22.748b | | | | | | |
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. |