Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $87.2600 (0.31%) ($85.2600 - $89.4400) on Thu. Feb. 6, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.17% (three month average) | RSI | 68 | Latest Price | $87.2600(0.31%) | 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 6.8% a week on average for past two weeks. | Market Behavior | Growth stock rally for large cap. Value stock sell-off for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(48%) IPO(48%) IBUY(43%) ONLN(43%) SKYY(43%) | Factors Impacting ZM price | ZM will decline at least -1.585% in a week (0% probabilities). TBT(-13%) XLE(-12%) UUP(-11%) IYT(-11%) VIXM(-10%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.585% (StdDev 3.17%) | Hourly BBV | 0 () | Intraday Trend | 0.3% | | | |
|
5 Day Moving Average | $84.8(2.9%) | 10 Day Moving Average | $79.1(10.32%) | 20 Day Moving Average | $76.99(13.34%) | To recent high | -0.5% | To recent low | 39.6% | Market Cap | $24.607b | | | | 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. |