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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Zoom Video Communications, Inc. - Class A (NASDAQ:ZM)
Bear Market Rally (-75) - ZM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ZM as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ZM?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZM
The long-term trend has been DOWN since Oct 9th, 2023 at 63.585
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 65.350
The short-term trend has been DOWN since May 8th, 2024 at 61.340
Smart Scan Analysis for ZM
Based on our trend formula, ZM is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 61.65 | 63.04 | 61.02 | 61.25 | -0.89 |
| Prev. Close | Volume | Bid | Ask | Time |
| 61.23 | 2324864 | 2024-05-08 15:59:44 |
| 52wk High | 75.905 | 52wk High Date | 2023-09-05 |
| 52wk Low | 58.87 | 52wk Low Date | 2023-10-26 |
| Average Volume | 2,865,908 | Shares Outstanding | 307,537 |
| Market Cap | 21,989M | Assets | 992,979,300M |
| Liabilities | 191,038,700M | P/E Ratio | 30.0774 |