Zoom stock: buy or sell
Updated on:
Jan 25th, 2021
1
Zoom stock brief
- Zoom stock only moved 0.15% to close at $383.40 on the stock market last Friday.
- From the chart point view, price is drawing an scaled downtrend since last October with lower tops and lower bottoms. shares price lost a -34.89% since the downtrend started.
- Zoom Video Communications, Inc. provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Should I buy Zoom stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $ZM stock a buy?
Currently, Zoom stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean we expect a selloff for $ZM in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Zoom stock?
Do you know when is it time to sell Zoom stock?. Just as when we have to buy shares, determining when is appropiate to sell is not a whimsy decision, and we must use our own trading strategy. We like very simple strategies to guide us on when is a good time to sell our shares. Be aware that these strategies are not intended for selling short Zoom stock
As a rule of thumb, you should not keep an open trade that generates higher than expected losses upon purchase. The timing to sell your stock must always be determined by the stop-loss (automatic or manual)
Is it time to sell Zoom stock?
Currently, Zoom stock doesn't match any of our preferred sell setups, so if you hold Zoom stock and your operation is in profit probably is not time to sell now
Zoom ratings
We don't have any rating posted in the previous month for Zoom
Zoom stock analysis
Zoom accumulates a price drop of -34.89% since its latest top last October at $588.84. The stock plotted 4 consecutive lower tops.
SMAs overview
Supports and resistances
The current resistance levels are:
The current support levels are:
Bollinger bands
Relative strength index
The RSI broke out the oversold line of 30 on January 4 after just being in the oversold zone for 1 day (what can be considered a strength signal). The RSI reading last Friday was 51.63. Zoom stock exploded a 13.66% since RSI left the oversold zone
Zoom stock price history
Zoom started trading on Apr 18th, 2019 priced at $65.00 per share1. Since then, ZM stock has risen by 489.85%, with an average of 489.85% per year. If you had invested $1,000USD in Zoom stock on Apr 2019, it would have a value of $5,898.46 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Zoom stock
Nobody can predict how much a stock will be priced in the future. Banks and financial organisations post their analysis predicting how a stock will performance in the future.
Along with buy or sell recommendations, financial institutions post their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the release of new fundamental information by the company, and many times. If you are a small trader you shouldn't trade based on these predictions.
In the previous 30 days we couldn't find any price target published for Zoom stock.
Earnings and financials
Last November, Zoom ($ZM) had the financial call and presented the report. Zoom posted earnings of $0.99 per share on revenue of $777.2 million. The analysts estimate was $0.76 per share on revenue of $694.0 million.
Same quarter one year ago, reported EPS was $0.09, so recently reported EPS is an improvement of 1,000.00%. Looking at turnover, figures skyrocketed a 366.52% compared to $1.7B same quarter last year.Zoom ($ZM) is presenting financial report next March. Market analysts analysts estimate of $0.79, that is a 20.20% less than previous quarter.
Zoom performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Zoom ($ZM) | -6.10% | -26.50% | 55.70% |
Important note:
The thoughts published in this article are personal and not recommendations for you to buy or sell shares. The author of this report does not have any knowledge of the individual circumstances of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for learning reasons onlyZoom summary
| Friday, January 22nd, 2021 | |
|---|---|
| Open | $380.99 |
| Close | $383.4 |
| Day range | $376.38 - $385.29 |
| Previous close | $382.81 |
| Session gain | 0.15% |
| Average true range | $23.88 |
| 50d mov avg | $394.07 |
| 100d mov avg | $430.94 |
| 200d mov avg | $323.90 |
| Earnings date | March 3rd, 2021 |
Frequently asked questions
What is Zoom stock symbol?
Is Zoom stock a buy or sell?
Will ZM go up?
Latest Zoom news
- InvestorPlaceWait on Investor Rotation for Zoom VideoNov 19, 2020