89.82 USD
+0.44 (+0.49%)
89.82 USD
0 (0%)
Taking everything into account, ZM scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ZM is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
ZM is part of the Software industry. There are 280 other stocks in this industry. ZM outperforms 78% of them.
ZM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ZM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
ZM has an average volume of 2902220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, ZM turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
Besides having an excellent technical rating, ZM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
69.79
91.14
5 important support areas can be observed.
- A support zone ranging from 88.57 to 88.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 80.55 to 80.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 78.20 to 79.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @76.69 from a trend line in the weekly time frame.
- Support @70.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 89.83 to 90.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ZM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZM is up. |
| ChartMill Relative Strength | 60.38 | NEUTRAL | ZM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.1 | NEUTRAL | The RSI value for ZM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests ZM has a positive trend. |
| Stochastics (14,3) | 71.73 | NEUTRAL | The Stochastics value for ZM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for ZM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.86 | POSITIVE | The high ADX value value for ZM suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 90.25 | 88.56 | 1.69 (1.87%) | 25.00% |
| An entry @90.25. This is a Buy Stop order right above the resistance zone. | An exit @88.56. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.69 points, which is 1.87%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%. |
- The distance between exit and entry is rather small compared to the average daily movement of ZM. Please evaluate whether better entry and exit points can be found.
- 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.
89.82
+0.44 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.49%
1 Week0.34%
2 Weeks2.48%
1 Month14.54%
3 Month6.73%
6 Month15.17%
12 Month4.93%
2 Year24.91%
3 Year32.6%
5 Year-73.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.18
ATR(20)%2.99%
ATR Inc-44.52%
Range Today1.28
ADR(20)2.5
ADR(20)%2.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.38
3 months CRS80.9
6 months CRS72.22
Mansfield0.17
10 Day High91.43
10 Day Low86.28
20 Day High91.43
20 Day Low77.42
52 Week High91.43
52 Week Low64.41
CS1 End88.69
CR1 Start89.83
Volume & EV
DER(3)-0.07%
DER(5)-0.7%
Volume3.24M
Volume Incr-23.76%
Vol(5)2.67M
Vol(50)2.90M
ZOOM COMMUNICATIONS INC / ZM FAQ
What is the ChartMill technical rating of ZOOM COMMUNICATIONS INC (ZM) stock?
ChartMill assigns a technical rating of 8 / 10 to ZM.
What is the trend direction for ZM stock?
The current trend direction for ZOOM COMMUNICATIONS INC (ZM) is Bullish.
What is the RSI signal for ZM stock?
ZOOM COMMUNICATIONS INC (ZM) has an RSI value of 61.0976. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ZOOM COMMUNICATIONS INC?
The short term momentum for ZOOM COMMUNICATIONS INC (ZM) is positive.
What is the buy/sell signal for ZOOM COMMUNICATIONS INC (ZM) stock?
The buy/sell signal for ZOOM COMMUNICATIONS INC (ZM) is buy as both the short term and long term trends are positive.