Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $65.5650 (1.6%) ($65.5650 - $65.5650) on Mon. Nov. 27, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.75% (three month average) | RSI | 64 | Latest Price | $65.5650(1.6%) | 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 2.7% a week on average for past two weeks. | Market Behavior | Normal for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) SMH(82%) LIT(68%) IVW(65%) REMX(61%) EEM(60%) | Factors Impacting ZM price | ZM will decline at least -0.875% in a week (0% probabilities). VIXM(-34%) VXX(-29%) EDOC(-25%) UUP(-16%) TBT(-7%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.875% (StdDev 1.75%) | Hourly BBV | 1 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $65.18(0.59%) | 10 Day Moving Average | $64.21(2.11%) | 20 Day Moving Average | $62.84(4.34%) | To recent high | -11.4% | To recent low | 10.5% | Market Cap | $18.489b | | | | 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. |