ZOOM COMMUNICATIONS INC (ZM)
US98980L1017 - Common Stock
We assign a technical rating of 8 out of 10 to ZM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZM is showing a nice and steady performance.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ZM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZM is performing more or less in line with the market.
In the last month ZM has a been trading in the 78.90 - 92.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ZM has an average volume of 3492410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ZM did better than 85% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ZM is an average performer in the Software industry, it outperforms 63% of 278 stocks in the same industry.
ZM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 82.05, a Stop Loss order could be placed below this zone.
More info and screens
80.51
89.92
When analyzing the support we can see 2 important areas.
- A support zone ranging from 83.79 to 84.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 81.32 to 82.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @89.03 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.09
Mansfield1.5
10 Day High87.72
10 Day Low81.62
20 Day High92.8
20 Day Low78.9
52 Week High92.8
52 Week Low55.06
Performance
1 Week-3.45%
2 Weeks0.83%
1 Month6.58%
3 Month24.46%
6 Month42.75%
12 Month15.93%
2 Year24.08%
3 Year-54.3%
5 Year23.53%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.53
RSI(14)53.03
LBB81.4
UBB87.22
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 89.04 | 81.61 | 7.43 (8.34%) | 11.98% |
| An entry @89.04. This is a Buy Stop order right above the resistance zone. | An exit @81.61. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.43 points, which is 8.34%. | When investing 11.98% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ZOOM COMMUNICATIONS INC
NASDAQ:ZM (12/20/2024, 11:37:46 AM)
85.82
+1.77 (+2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.11%
1 Week-3.45%
2 Weeks0.83%
1 Month6.58%
3 Month24.46%
6 Month42.75%
12 Month15.93%
2 Year24.08%
3 Year-54.3%
5 Year23.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.51
ATR(20)%3.76%
ATR Inc55.66%
Range Today2.98
ADR(20)2.7
ADR(20)%3.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.09
Mansfield1.5
10 Day High87.72
10 Day Low81.62
20 Day High92.8
20 Day Low78.9
52 Week High92.8
52 Week Low55.06
CS1 End82.05
CR1 Start89.03
Volume & EV
DER(3)1.72%
DER(5)-0.57%
Volume674.85K
Volume Incr-37.28%
Vol(5)2.85M
Vol(50)3.49M