ZOOM COMMUNICATIONS INC (ZM) Technical Analysis
NASDAQ:ZM • US98980L1017
Current stock price
82.68 USD
+0.32 (+0.39%)
At close:
82.75 USD
+0.07 (+0.08%)
After Hours:
ZM Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to ZM. ZM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ZM is one of the better performing stocks in the Software industry, it outperforms 81% of 275 stocks in the same industry.
- In the last month ZM has a been trading in the 73.63 - 83.02 range, which is quite wide. It is currently trading near the high of this range.
- ZM has an average volume of 4463980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ZM outperforms 54% of them, which is more or less in line with the market.
- ZM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZM is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ZM Weekly and Daily overview Charts
ZM Setup Rating and Analysis
ZM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ZM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
ZM Support and Resistance Analysis
70.26
84.43
We found 4 important support areas.
- A support zone ranging from 75.24 to 76.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @73.94 from a horizontal line in the weekly time frame.
- A support zone ranging from 72.72 to 72.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @70.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 82.69 to 83.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
ZM Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for ZM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZM is up. |
| ChartMill Relative Strength | 54.17 | 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) | DOWN | NEGATIVE | The current price of ZM is below a declining 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) | 58.79 | NEUTRAL | The RSI value for ZM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.08 | POSITIVE | The MACD value suggests ZM has a positive trend. |
| Stochastics (14,3) | 95.57 | OVERBOUGHT | The high Stochastics value suggests ZM may be overbought. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for ZM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.18 | NEUTRAL | The ADX value for ZM suggests a possible start of a new trend. |
ZM Chart- and CandleStick Pattern Analysis
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)
ZM Technicals: Chart, Performance Metrics, Trend & Indicators
82.68
+0.32 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.39%
1 Week6.4%
2 Weeks7.92%
1 Month6.68%
3 Month-2.93%
6 Month2.99%
12 Month15.9%
2 Year35.32%
3 Year34.59%
5 Year-74.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.4
ATR(20)%2.92%
ATR Inc8.19%
Range Today1.79
ADR(20)2.37
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.17
3 months CRS47.58
6 months CRS63.39
Mansfield-0.04
10 Day High83.02
10 Day Low75.45
20 Day High83.02
20 Day Low73.63
52 Week High97.58
52 Week Low69.15
CS1 End76.4
CR1 Start82.69
Volume & EV
DER(3)3.26%
DER(5)3.21%
Volume2.72M
Volume Incr-17.47%
Vol(5)3.25M
Vol(50)4.46M
ZOOM COMMUNICATIONS INC / ZM TA FAQ
What is the ChartMill technical rating of ZOOM COMMUNICATIONS INC (ZM) stock?
ChartMill assigns a technical rating of 4 / 10 to ZM.
What is the current trend direction of ZOOM COMMUNICATIONS INC (ZM) stock?
The current trend direction for ZOOM COMMUNICATIONS INC (ZM) is Bearish.
What is the RSI signal for ZOOM COMMUNICATIONS INC (ZM) stock?
ZOOM COMMUNICATIONS INC (ZM) has an RSI value of 58.7906. This indicates that the stock is currently neutral.
What is the MACD signal for ZM stock?
The MACD indicator for ZOOM COMMUNICATIONS INC (ZM) has a value of 1.08493, indicating a bullish trend.