Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $90.9500 (1.21%) ($89.8100 - $91.7100) on Fri. Feb. 14, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.12% (three month average) | RSI | 90 | Latest Price | $90.9500(1.21%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.5% a day on average for past five trading days. | Weekly Trend | ZM advances 9.6% a week on average for past two weeks. | Market Behavior | Growth stock rally 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(48%) IPO(48%) IBUY(43%) ONLN(43%) SKYY(43%) | Factors Impacting ZM price | ZM will decline at least -1.56% in a week (0% probabilities). XLE(-12%) TBT(-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 | -1.56% (StdDev 3.12%) | Hourly BBV | 0 () | Intraday Trend | 0.1% | | | |
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5 Day Moving Average | $89.49(1.63%) | 10 Day Moving Average | $88.45(2.83%) | 20 Day Moving Average | $81.68(11.35%) | To recent high | 0% | To recent low | 45.5% | Market Cap | $25.647b | | | | 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. |