Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $282.2100 (-1.15%) ($282.2100 - $282.2100) on Thu. Nov. 4, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.73% (three month average) | RSI | 69 | Latest Price | $282.2100(-1.15%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.4% a day on average for past five trading days. | Weekly Trend | ZM advances 1.2% a week on average for past two weeks. | Market Behavior | Rotation from value to growth for large cap. Rotation from value to growth for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(63%) IBUY(59%) SKYY(58%) IPO(55%) ONLN(55%) | Factors Impacting ZM price | ZM will decline at least -1.365% in a week (0% probabilities). VIXM(-28%) UUP(-19%) VXX(-7%) USO(-5%) TBT(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.365% (StdDev 2.73%) | Hourly BBV | 0.3 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $280.21(0.71%) | 10 Day Moving Average | $278.97(1.16%) | 20 Day Moving Average | $273.2(3.3%) | To recent high | -29.7% | To recent low | 11.4% | Market Cap | $79.581b | | | | 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. |