Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $345.1200 (-4.45%) ($342.4050 - $345.1200) on Wed. Jan. 6, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.69% (three month average) | RSI | 30 | Latest Price | $345.1200(-4.45%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM declines -0.4% a day on average for past five trading days. | Weekly Trend | ZM declines -6.7% a week on average for past two weeks. | Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(63%) IBUY(57%) IPO(57%) SKYY(57%) ONLN(54%) | Factors Impacting ZM price | ZM will decline at least -2.345% in a week (0% probabilities). VIXM(-26%) UUP(-19%) VXX(-9%) TBT(-8%) USO(-4%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.345% (StdDev 4.69%) | Hourly BBV | -1.7 () | Intraday Trend | 0% | | | |
|
Inflection Point | Yes | Resistance Level | $380.46 | 5 Day Moving Average | $351.51(-1.82%) | 10 Day Moving Average | $361.99(-4.66%) | 20 Day Moving Average | $380.46(-9.29%) | To recent high | -39.3% | To recent low | 2.1% | Market Cap | $97.321b | | | | 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. |