Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $68.2500 (-1.56%) ($68.1600 - $68.2500) on Wed. Jun. 7, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.71% (three month average) | RSI | 56 | Latest Price | $68.2500(-1.56%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.3% a day on average for past five trading days. | Weekly Trend | ZM declines -0.2% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) JETS(14%) XRT(14%) IPO(13%) IGOV(12%) PEJ(12%) | Factors Impacting ZM price | ZM will decline at least -1.355% in a week (0% probabilities). UNG(-8%) BLOK(-8%) EMHY(-6%) DRIV(-6%) SLV(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.355% (StdDev 2.71%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $67.95(0.44%) | 10 Day Moving Average | $66.93(1.97%) | 20 Day Moving Average | $66.72(2.29%) | To recent high | -5.9% | To recent low | 12% | Market Cap | $19.246b | | | | 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. |