Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $102.5150 (4.44%) ($102.5150 - $102.5150) on Thu. Apr. 28, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.23% (three month average) | RSI | 39 | Latest Price | $102.5150(4.44%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.2% a day on average for past five trading days. | Weekly Trend | ZM declines -5.1% 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(56%) SKYY(53%) IBUY(52%) ONLN(49%) BOTZ(48%) | Factors Impacting ZM price | ZM will decline at least -2.115% in a week (0% probabilities). VIXM(-23%) UUP(-20%) TBT(-6%) VXX(-5%) USO(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.115% (StdDev 4.23%) | Hourly BBV | 2.3 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $90.68(-11.54%) | Resistance Level | $108.99 | 5 Day Moving Average | $100.36(2.15%) | 10 Day Moving Average | $103.25(-0.71%) | 20 Day Moving Average | $108.99(-5.94%) | To recent high | -33.8% | To recent low | 8.4% | Market Cap | $28.908b | | | | 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. |