Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $85.3500 (2.15%) ($85.3500 - $85.3500) on Thu. Aug. 25, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 4.36% (three month average) | RSI | 30 | Latest Price | $85.3500(2.15%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM declines -3.9% a day on average for past five trading days. | Weekly Trend | ZM declines -10.2% 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(39%) SKYY(37%) IBUY(35%) BOTZ(34%) IVW(34%) | Factors Impacting ZM price | ZM will decline at least -2.18% in a week (0% probabilities). UUP(-22%) TBT(-9%) VIXM(-8%) EDOC(-5%) VXX(-3%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -2.18% (StdDev 4.36%) | Hourly BBV | 1.3 () | Intraday Trend | 0% | | | |
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Resistance Level | $103.63 | 5 Day Moving Average | $89.5(-4.64%) | 10 Day Moving Average | $97.89(-12.81%) | 20 Day Moving Average | $103.63(-17.64%) | To recent high | -30.5% | To recent low | 5% | Market Cap | $24.068b | | | | 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. |