Zoom stock: buy or sell

ZM stock price: $383.40 0.15% At close on Jan 22nd, 2021

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

ZM stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $404.44 (5.49% above)
  • R2: $427.76 (11.57% above)
  • R3: $457.69 (19.38% above)
  • The current support levels are:

  • S1: $376.68 (-1.75% below)
  • S2: $366.28 (-4.47% below)
  • S3: $345.68 (-9.84% below)
  • Bollinger bands

    ZM stock Bollinger Bands chart

    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

    ZM stock RSI chart

    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

    ZM stock price history chart

    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

    ZM performance compared
    Company1m3m6m
    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 only

    Zoom summary

    Friday, January 22nd, 2021
    Open$380.99
    Close$383.4
    Day range$376.38 - $385.29
    Previous close$382.81
    Session gain0.15%
    Average true range$23.88
    50d mov avg$394.07
    100d mov avg$430.94
    200d mov avg$323.90
    Earnings dateMarch 3rd, 2021

    Frequently asked questions

    What is Zoom stock symbol?

    Zoom Video Communications, Inc. is a public company trading in the US stock market with the ZM symbol

    Is Zoom stock a buy or sell?

    Zoom had no ratings in the last four weeks Read the article to get additional tips on trading ZM stock.

    Will ZM go up?

    There were no price targets posted by market analysts in the last month for Zoom.

    Latest Zoom news