ZM technical analysis

ZM Technical Analysis

Analysis date

July 15, 2026

Market

NasdaqGS (USD)

Daily cutoff

July 14, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

ZM Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
ZM
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
July 14, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)89.62July 14, 2026-Verified
Finviz (independent)89.62July 14, 2026 (previous close)0.00%Verified

Bottom line

ZM Technical Analysis Summary

ZM (Zoom Communications) shows a mixed technical picture as of the July 14 data cutoff. On the daily chart, price near SMA200 suggests the stock is testing a key long-term moving average after recovering from its June lows. RSI14 at 56.20 on the daily chart indicates neutral-to-slightly-bullish momentum without overbought conditions. The daily MACD shows a bullish crossover with the MACD line above the signal line, and the histogram at 0.47 is positive — a constructive early signal. However, price remains below SMA50, which is still declining, indicating the short-term trend has not yet turned decisively bullish. The weekly timeframe remains in a broader downtrend with price below SMA20, SMA50, and SMA200, though RSI at 47.64 has lifted from oversold levels. Key resistance sits at SMA200 (90.55) and the 20-day high (92.95). Support rests at the 20-day low (81.04) and the 52-week low (57.64). A sustained move above SMA200 with volume would signal a potential trend transition.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (July 14, 2026)

Trend
Mixed. Price at 89.62 is near SMA200 (90.55, -1.03%) and above SMA20 (85.83, +4.42%) but below SMA50 (91.36, -1.90%). The SMA20 is flattening while SMA50 continues to slope downward. SMA200 is flat to slightly declining. The stock has been oscillating in a range between 81 and 93 over the past four weeks.
Momentum
Neutral with a positive bias. RSI14 at 56.20 is above the 50 midline, indicating mildly bullish momentum without extreme readings. MACD line at 0.39 is above the signal line at -0.08, and the histogram at 0.47 is positive — a confirmed bullish crossover that has been building over the past week.
Volatility
Moderate. ATR14 at 3.01 (3.36% of price) suggests average daily movement of about 3.4%. Bollinger Bands (78.08 to 95.70) show a moderate width, with price trading in the upper half of the band range, consistent with the recent recovery from the 81 level.
Volume
Near average. Latest volume of 7,124,500 is 89.7% of the 20-period average (7,945,300), indicating typical participation levels during the current consolidation.

Assessment

The daily chart presents a constructive but incomplete picture. Price has recovered from the June low near 75 and reclaimed SMA20, but the failure to clear SMA50 and SMA200 keeps the trend in question. The bullish MACD crossover is a technically meaningful signal that suggests short-term momentum is turning positive. The 52-week position at 48.2% reflects the stock sits near the midpoint of its annual range. A decisive move above SMA200 (90.55) and then SMA50 (91.36) would signal a more significant trend change. Until then, the daily chart reads as a recovery within a broader consolidation.

Weekly (July 6, 2026 week)

Trend
Bearish. Price at 87.16 is below SMA20 (92.51), SMA50 (96.73), and SMA200 (97.07). All three weekly SMAs are sloping downward, confirming a structural downtrend from the 2024 highs near 120. The stock has not made a higher high above SMA20 on a weekly closing basis since late 2024.
Momentum
Neutral with early improvement. RSI14 at 47.64 is below the 50 midline but has lifted from oversold levels seen in early 2026. This suggests the bearish momentum is abating but has not yet turned bullish. MACD line at -0.99 is below the signal line at -1.48, with a narrowing histogram at 0.49, indicating that bearish momentum is decelerating.
Volatility
Moderate. ATR14 at 4.36 (5.00% of price) reflects typical weekly ranges for a mid-cap software stock. Bollinger Bands (71.40 to 111.56) show a relatively wide range consistent with the stock price history over the past 52 weeks.
Volume
Slightly below average. Weekly volume of 35,855,300 is 84.2% of the 20-week average (42,578,000), indicating below-normal participation.

Assessment

The weekly chart confirms a bearish structure with price below all major SMAs. The weekly trend remains firmly down despite the daily chart showing some improvement. The RSI has recovered from deeply oversold territory and the MACD histogram is narrowing, suggesting the pace of the decline is slowing. However, a weekly close above SMA20 (92.51) would be needed to even begin discussing a potential trend change. The weekly perspective reinforces that the current daily improvement is a counter-trend move within a larger downtrend until proven otherwise.

Key indicators

ZM Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)56.2047.64
MACD (12, 26, 9)0.39 / -0.08 / 0.47-0.99 / -1.48 / 0.49
ATR (14)3.01 (3.36%)4.36 (5.00%)
Bollinger Bands (20, 2)78.08 - 95.7071.40 - 111.56
SMA (20)85.8392.51
SMA (50)91.3696.73
SMA (200)90.5597.07

Price structure

ZM Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price89.6287.16
1-Period Return+0.68%+1.90%
5-Period Return+4.55%+1.38%
20-Period Return+6.99%+2.18%
60-Period Return+9.77%+14.01%
252-Period Return-1.05%-16.38%
52-Week Low57.6457.64
52-Week High108.56108.56
52-Week Position48.20%45.82%

Key levels

ZM Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High92.9597.19
20-Period Low81.0480.35
60-Period High101.95108.56
60-Period Low57.6457.64

Scenarios

ZM Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price breaks and holds above SMA200 (90.55) and SMA50 (91.36) on the daily chart with rising volume, establishing a near-term uptrend.

Invalidation

Price falls back below SMA20 (85.83) and breaks the 20-day low at 81.04.

What to watch

Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI crossing above 50; volume confirmation on break above SMA200.

Range-Bound

Trigger

Price continues to oscillate between 81 (20-day low support) and 93 (SMA50/SMA200 resistance zone) with no clear directional resolution.

Invalidation

A decisive break above 93 or below 81 with increasing volume.

What to watch

RSI staying between 45 and 60; MACD histogram fluctuating near zero; Bollinger Bands compressing; volume remaining near average.

Bearish

Trigger

Price fails to hold above SMA20 (85.83) and breaks below the 20-day low at 81.04, resuming the broader weekly downtrend.

Invalidation

Price reclaims SMA20 and establishes a higher low above 81.04.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly MACD failing to cross above the signal line.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 14, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 6, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 14, 2026, weekly July 6, 2026 week. Generated July 15, 2026.