Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $382.8200 (-2.75%) ($382.8200 - $382.8200) on Wed. Jan. 20, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.68% (three month average) | RSI | 60 | Latest Price | $382.8200(-2.75%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.3% a day on average for past five trading days. | Weekly Trend | ZM advances 4.5% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(64%) SKYY(58%) IBUY(57%) IPO(57%) ONLN(55%) | Factors Impacting ZM price | ZM will decline at least -2.34% in a week (0% probabilities). VIXM(-26%) UUP(-19%) VXX(-9%) TBT(-7%) USO(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.34% (StdDev 4.68%) | Hourly BBV | -1 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $381.92(0.24%) | 10 Day Moving Average | $365.3(4.8%) | 20 Day Moving Average | $366.55(4.44%) | To recent high | -29% | To recent low | 13.3% | Market Cap | $107.952b | | | | 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. |