Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $156.7200 (-4.63%) ($155.2500 - $166.0000) on Tue. Apr. 28, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 5.91% (three month average) | RSI | 78 | Latest Price | $156.7200(-4.63%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.7% a day on average for past five trading days. | Weekly Trend | ZM advances 11.6% a week on average for past two weeks. | Market Behavior | Normal for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(56%) IPO(56%) SKYY(53%) IBUY(51%) ONLN(50%) | Factors Impacting ZM price | ZM will decline at least -2.955% in a week (0% probabilities). VIXM(-17%) UUP(-14%) TBT(-11%) VXX(-8%) OIH(-7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.955% (StdDev 5.91%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $159.84(-1.95%) | 10 Day Moving Average | $154.61(1.36%) | 20 Day Moving Average | $142.42(10.04%) | To recent high | -7.3% | To recent low | 119.2% | Market Cap | $44.194b | | | | 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. |