Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $110.9600 (1.57%) ($108.5100 - $110.9600) on Mon. Jun. 6, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.49% (three month average) | RSI | 72 | Latest Price | $110.9600(1.57%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.1% 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 | Normal for large cap. Value stock rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(52%) SKYY(48%) IBUY(47%) BOTZ(43%) IVW(43%) | Factors Impacting ZM price | ZM will decline at least -2.245% in a week (0% probabilities). UUP(-21%) VIXM(-17%) TBT(-8%) USO(-6%) VXX(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.245% (StdDev 4.49%) | Hourly BBV | 0.2 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $109.54(1.3%) | 10 Day Moving Average | $105.41(5.27%) | 20 Day Moving Average | $97.64(13.64%) | To recent high | -12.1% | To recent low | 31.4% | Market Cap | $31.29b | | | | 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. |