Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $68.2150 (-2.91%) ($65.6000 - $68.2150) on Mon. Dec. 4, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.79% (three month average) | RSI | 73 | Latest Price | $68.2150(-2.91%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.8% a day on average for past five trading days. | Weekly Trend | ZM advances 4.1% a week on average for past two weeks. | Market Behavior | Growth stock sell-off for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) LIT(68%) EWJ(66%) XLY(63%) ARKK(62%) REMX(62%) | Factors Impacting ZM price | ZM will decline at least -0.895% in a week (0% probabilities). VXX(-26%) UUP(-14%) TBT(-8%) URA(2%) XLE(3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.895% (StdDev 1.79%) | Hourly BBV | -0.8 () | Intraday Trend | 0% | | | |
|
5 Day Moving Average | $68.38(-0.24%) | 10 Day Moving Average | $66.87(2.01%) | 20 Day Moving Average | $64.77(5.32%) | To recent high | -7.8% | To recent low | 14.9% | Market Cap | $19.236b | | | | 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. |