ZOOM COMMUNICATIONS INC (ZM) Stock Technical Analysis
NASDAQ:ZM - Nasdaq - US98980L1017 - Common Stock - Currency: USD
Taking everything into account, ZM scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that ZM is one of the better performing stocks in the market, outperforming 80% of all stocks.
ZM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZM is lagging the market slightly.
ZM has an average volume of 2421110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZM is part of the Software industry. There are 284 other stocks in this industry, ZM did better than 61% of them.
In the last month ZM has a been trading in the 78.78 - 88.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ZM also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 78.07, a Stop Loss order could be placed below this zone.
More info and screens
76.97
89.92
When analyzing the support we notice one important area.
- A support zone ranging from 77.75 to 78.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 82.79 to 87.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 89.03 to 89.03. This zone is formed by a combination of multiple trend lines 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
CRS80.38
Mansfield1.01
10 Day High88.62
10 Day Low81.46
20 Day High88.9
20 Day Low78.78
52 Week High92.8
52 Week Low55.06
Performance
1 Week-3.12%
2 Weeks-4.83%
1 Month3.11%
3 Month-3.94%
6 Month17.62%
12 Month30.13%
2 Year10.6%
3 Year-37.78%
5 Year-21.43%
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)-0.38
RSI(14)44.1
LBB82.4
UBB87.84
82.5
-0.95 (-1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.14%
1 Week-3.12%
2 Weeks-4.83%
1 Month3.11%
3 Month-3.94%
6 Month17.62%
12 Month30.13%
2 Year10.6%
3 Year-37.78%
5 Year-21.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%3.14%
ATR Inc36.48%
Range Today3.59
ADR(20)2.47
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.38
Mansfield1.01
10 Day High88.62
10 Day Low81.46
20 Day High88.9
20 Day Low78.78
52 Week High92.8
52 Week Low55.06
CS1 End78.07
CR1 Start82.79
Volume & EV
DER(3)-0.12%
DER(5)0.38%
Volume4.13M
Volume Incr14.25%
Vol(5)2.62M
Vol(50)2.42M