Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $110.8900 (3.54%) ($107.2800 - $110.8900) on Thu. Jul. 21, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.47% (three month average) | RSI | 54 | Latest Price | $110.8900(3.54%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 2.7% a day on average for past five trading days. | Weekly Trend | ZM declines -5.2% 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(45%) SKYY(42%) IBUY(40%) BOTZ(39%) IVW(38%) | Factors Impacting ZM price | ZM will decline at least -2.235% in a week (0% probabilities). UUP(-22%) VIXM(-10%) TBT(-9%) VXX(-3%) USO(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.235% (StdDev 4.47%) | Hourly BBV | 1 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $91.67(-17.33%) | 5 Day Moving Average | $103.74(6.89%) | 10 Day Moving Average | $105.22(5.39%) | 20 Day Moving Average | $110.45(0.4%) | To recent high | -9.6% | To recent low | 31.3% | Market Cap | $31.27b | | | | 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. |