Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $115.5500 (4.18%) ($115.5500 - $115.5500) on Fri. Mar. 18, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.71% (three month average) | RSI | 36 | Latest Price | $115.5500(4.18%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 3.4% a day on average for past five trading days. | Weekly Trend | ZM declines -5.9% 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(60%) IBUY(56%) SKYY(56%) ONLN(53%) BOTZ(52%) | Factors Impacting ZM price | ZM will decline at least -1.855% in a week (0% probabilities). VIXM(-26%) UUP(-22%) TBT(-7%) VXX(-6%) EDOC(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.855% (StdDev 3.71%) | Hourly BBV | 1.2 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $89.61(-22.45%) | 5 Day Moving Average | $105.26(9.78%) | 10 Day Moving Average | $105.48(9.55%) | 20 Day Moving Average | $113.42(1.88%) | To recent high | -41.9% | To recent low | 22.2% | Market Cap | $32.584b | | | | 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. |