Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $67.8800 (-0.16%) ($67.8800 - $67.8800) on Thu. Nov. 30, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.78% (three month average) | RSI | 77 | Latest Price | $67.8800(-0.16%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 1.2% a day on average for past five trading days. | Weekly Trend | ZM advances 3.6% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) SMH(83%) LIT(68%) IVW(62%) REMX(62%) GLD(61%) | Factors Impacting ZM price | ZM will decline at least -0.89% in a week (0% probabilities). VIXM(-36%) VXX(-32%) UUP(-16%) TBT(-7%) BNDX(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.89% (StdDev 1.78%) | Hourly BBV | 0.2 () | Intraday Trend | 0% | | | |
|
5 Day Moving Average | $66.7(1.77%) | 10 Day Moving Average | $65.76(3.22%) | 20 Day Moving Average | $64.03(6.01%) | To recent high | -8.2% | To recent low | 14.4% | Market Cap | $19.142b | | | | 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. |