Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $307.5450 (5.5%) ($307.5450 - $307.5450) on Fri. May. 14, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.69% (three month average) | RSI | 33 | Latest Price | $307.5450(5.5%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.8% a day on average for past five trading days. | Weekly Trend | ZM declines -5% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(62%) IBUY(57%) SKYY(57%) IPO(54%) ONLN(53%) | Factors Impacting ZM price | ZM will decline at least -1.845% in a week (0% probabilities). VIXM(-27%) UUP(-19%) VXX(-8%) TBT(-6%) USO(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.845% (StdDev 3.69%) | Hourly BBV | 1.5 () | Intraday Trend | 0% | | | |
|
1 - 5 Day Possible Target | $287.62(-6.48%) | Resistance Level | $311.77 | 5 Day Moving Average | $295.64(4.03%) | 10 Day Moving Average | $297.62(3.33%) | 20 Day Moving Average | $311.77(-1.36%) | To recent high | -30.8% | To recent low | 6.3% | Market Cap | $86.725b | | | | 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. |