Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $124.1850 (6.37%) ($124.1850 - $124.1850) on Mon. Apr. 4, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.98% (three month average) | RSI | 74 | Latest Price | $124.1850(6.37%) | 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 5% a week on average for past two weeks. | Market Behavior | Growth stock 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(58%) SKYY(55%) IBUY(54%) ONLN(51%) BOTZ(50%) | Factors Impacting ZM price | ZM will decline at least -1.99% in a week (0% probabilities). VIXM(-25%) UUP(-21%) TBT(-7%) VXX(-6%) EDOC(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.99% (StdDev 3.98%) | Hourly BBV | 1.4 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $121.39(2.3%) | 10 Day Moving Average | $119.23(4.16%) | 20 Day Moving Average | $113.12(9.78%) | To recent high | -30.8% | To recent low | 31.3% | Market Cap | $35.019b | | | | 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. |