Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $73.8300 (0.46%) ($73.3900 - $73.8300) on Tue. Jan. 31, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.72% (three month average) | RSI | 55 | Latest Price | $73.8300(0.46%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.3% a day on average for past five trading days. | Weekly Trend | ZM advances 1.4% 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) ONLN(31%) SKYY(31%) XLC(26%) IPO(24%) VUG(23%) | Factors Impacting ZM price | ZM will decline at least -1.86% in a week (0% probabilities). VIXM(-16%) VXX(-9%) GLD(-8%) TLT(-7%) SIL(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.86% (StdDev 3.72%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $71.51(3.24%) | 10 Day Moving Average | $70.12(5.29%) | 20 Day Moving Average | $69.49(6.25%) | To recent high | -16.5% | To recent low | 13.5% | Market Cap | $20.819b | | | | 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. |