Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $107.8100 (0.33%) ($107.8100 - $107.8100) on Wed. Jun. 1, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.56% (three month average) | RSI | 70 | Latest Price | $107.8100(0.33%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 2.6% a day on average for past five trading days. | Weekly Trend | ZM advances 10.8% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(51%) SKYY(48%) IBUY(46%) BOTZ(43%) IVW(43%) | Factors Impacting ZM price | ZM will decline at least -2.28% in a week (0% probabilities). UUP(-20%) VIXM(-17%) TBT(-9%) USO(-5%) VXX(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.28% (StdDev 4.56%) | Hourly BBV | 0.2 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $107(0.76%) | 10 Day Moving Average | $98.87(9.04%) | 20 Day Moving Average | $96(12.3%) | To recent high | -14.6% | To recent low | 27.6% | Market Cap | $30.402b | | | | 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. |