Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $64.0850 (1%) ($64.0850 - $64.0850) on Fri. Nov. 17, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.74% (three month average) | RSI | 67 | Latest Price | $64.0850(1%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.6% a day on average for past five trading days. | Weekly Trend | ZM advances 1.9% a week on average for past two weeks. | Market Behavior | Normal for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) LIT(65%) EEM(64%) ARKK(63%) EWY(60%) DRIV(59%) | Factors Impacting ZM price | ZM will decline at least -0.87% in a week (0% probabilities). VXX(-36%) VIXM(-23%) UUP(-19%) TBT(-13%) IGOV(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.87% (StdDev 1.74%) | Hourly BBV | 0.3 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $63.11(1.54%) | 10 Day Moving Average | $62.5(2.54%) | 20 Day Moving Average | $61.64(3.97%) | To recent high | -13.4% | To recent low | 8% | Market Cap | $18.071b | | | | 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. |