Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $72.3200 (1.04%) ($72.3200 - $72.3200) on Tue. Dec. 19, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.76% (three month average) | RSI | 67 | Latest Price | $72.3200(1.04%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | ZM advances 0.3% a day on average for past five trading days. | Weekly Trend | ZM advances 2.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) INDA(89%) LIT(86%) DIA(85%) PEJ(83%) EEM(82%) | Factors Impacting ZM price | ZM will decline at least -0.88% in a week (0% probabilities). EDOC(-77%) VXX(-74%) BNDX(-26%) UUP(-17%) TLT(-16%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.88% (StdDev 1.76%) | Hourly BBV | 1.7 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $71.74(0.81%) | 10 Day Moving Average | $71.84(0.67%) | 20 Day Moving Average | $69.6(3.91%) | To recent high | -1% | To recent low | 21.8% | Market Cap | $20.394b | | | | 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. |