Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $68.3650 (-2.01%) ($68.1200 - $68.3650) on Wed. Jun. 21, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.46% (three month average) | RSI | 54 | Latest Price | $68.3650(-2.01%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.4% a day on average for past five trading days. | Weekly Trend | ZM advances 1.8% a week on average for past two weeks. | Market Behavior | Broad based sell-off for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) XRT(19%) JETS(15%) IGOV(14%) PEJ(13%) IYT(12%) | Factors Impacting ZM price | ZM will decline at least -1.23% in a week (0% probabilities). UNG(-8%) BLOK(-8%) EWI(-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 | -1.23% (StdDev 2.46%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $69.42(-1.52%) | 10 Day Moving Average | $68.62(-0.37%) | 20 Day Moving Average | $67.97(0.58%) | To recent high | -5.7% | To recent low | 12.2% | Market Cap | $19.278b | | | | 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. |