Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $83.5900 (-4.38%) ($83.5900 - $83.5900) on Wed. Nov. 16, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.95% (three month average) | RSI | 52 | Latest Price | $83.5900(-4.38%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 2.8% a day on average for past five trading days. | Weekly Trend | ZM advances 2.3% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) ARKK(30%) SKYY(28%) EWG(27%) IBUY(26%) IVW(25%) | Factors Impacting ZM price | ZM will decline at least -1.975% in a week (0% probabilities). UUP(-18%) TBT(-6%) USO(-4%) VXX(-3%) BND(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.975% (StdDev 3.95%) | Hourly BBV | -1.5 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $85.19(-1.88%) | 10 Day Moving Average | $81.4(2.69%) | 20 Day Moving Average | $81.65(2.38%) | To recent high | -23.4% | To recent low | 16% | Market Cap | $23.572b | | | | 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. |