Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $150.2600 (-0.86%) ($146.8000 - $154.2500) on Thu. Apr. 16, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.66% (three month average) | RSI | 54 | Latest Price | $150.2600(-0.86%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 4.8% a day on average for past five trading days. | Weekly Trend | ZM declines -0.7% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(56%) IPO(56%) SKYY(52%) IBUY(51%) ONLN(50%) | Factors Impacting ZM price | ZM will decline at least -2.83% in a week (0% probabilities). VIXM(-17%) UUP(-14%) TBT(-11%) VXX(-8%) XLE(-7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.83% (StdDev 5.66%) | Hourly BBV | 0 () | Intraday Trend | 0.2% | | | |
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5 Day Moving Average | $140.83(6.7%) | 10 Day Moving Average | $131.52(14.25%) | 20 Day Moving Average | $136.08(10.42%) | To recent high | -5.8% | To recent low | 113.3% | Market Cap | $42.372b | | | | 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. |