Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $69.8950 (-0.06%) ($69.8950 - $70.2100) on Fri. Jun. 16, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.55% (three month average) | RSI | 71 | Latest Price | $69.8950(-0.06%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.5% a day on average for past five trading days. | Weekly Trend | ZM advances 2.1% 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) XRT(16%) IGOV(14%) JETS(14%) PEJ(12%) IPO(11%) | Factors Impacting ZM price | ZM will decline at least -1.275% in a week (0% probabilities). UNG(-9%) BLOK(-8%) SLV(-7%) DRIV(-7%) EWP(-5%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.275% (StdDev 2.55%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $68.57(1.93%) | 10 Day Moving Average | $68.3(2.34%) | 20 Day Moving Average | $67.71(3.23%) | To recent high | -3.6% | To recent low | 14.7% | Market Cap | $19.71b | | | | 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. |