Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $79.6400 (-0.33%) ($79.6400 - $79.6400) on Thu. Feb. 16, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.49% (three month average) | RSI | 62 | Latest Price | $79.6400(-0.33%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.8% a day on average for past five trading days. | Weekly Trend | ZM advances 1.3% 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) ONLN(26%) SKYY(24%) IPO(17%) DIA(15%) VUG(15%) | Factors Impacting ZM price | ZM will decline at least -1.745% in a week (0% probabilities). VIXM(-18%) VXX(-9%) TLT(-7%) INDA(-6%) UUP(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.745% (StdDev 3.49%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $77.45(2.83%) | 10 Day Moving Average | $78.4(1.58%) | 20 Day Moving Average | $75.51(5.47%) | To recent high | -5.9% | To recent low | 22.4% | Market Cap | $22.458b | | | | 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. |