Trading Signals: ZM Stock Price Prediction and Forecast (Thu. Apr. 18, 2019 - Fri. Dec. 22, 2023)(Zoom Video Communications, Inc.)
| ZM latest price $72.5200 (0.89%) ($72.5200 - $72.5200) on Fri. Dec. 22, 2023. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.83% (three month average) | RSI | 68 | Latest Price | $72.5200(0.89%) | 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 0.7% a week on average for past two weeks. | Market Behavior | Value stock rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support ZM advance at 0% a week (0% probability) XBI(95%) INDA(93%) IWM(92%) PEJ(89%) IYT(88%) | Factors Impacting ZM price | ZM will decline at least -0.915% in a week (0% probabilities). VIXM(-72%) BNDX(-25%) SHY(-19%) UUP(-17%) TIP(-16%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.915% (StdDev 1.83%) | Hourly BBV | 0 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $71.63(1.24%) | 10 Day Moving Average | $71.68(1.17%) | 20 Day Moving Average | $70.54(2.81%) | To recent high | -0.8% | To recent low | 22.2% | Market Cap | $20.45b | | | | 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. |