Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $60.5500 (-2.56%) ($60.5500 - $60.5500) on Wed. Oct. 25, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.76% (three month average) | RSI | 37 | Latest Price | $60.5500(-2.56%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM declines -0.8% a day on average for past five trading days. | Weekly Trend | ZM declines -3.2% 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) ARKK(70%) DRIV(66%) EEM(66%) LIT(65%) IBUY(63%) | Factors Impacting ZM price | ZM will decline at least -0.88% in a week (0% probabilities). VXX(-37%) VIXM(-29%) TBT(-24%) UUP(-22%) EDOC(-20%) | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.88% (StdDev 1.76%) | Hourly BBV | -1.8 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $54.5(-9.99%) | Resistance Level | $64.59 | 5 Day Moving Average | $61.58(-1.67%) | 10 Day Moving Average | $62.36(-2.9%) | 20 Day Moving Average | $64.59(-6.25%) | To recent high | -18.2% | To recent low | 0% | Market Cap | $17.075b | | | | 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. |