ZM technical analysis
ZM Technical Analysis
Analysis date
August 6, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ZM Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- ZM
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 100.64 | August 5, 2026 | - | Verified |
| Verification series | 100.64 | August 5, 2026 | 0.00% | Verified |
Bottom line
ZM Technical Analysis Summary
ZM (Zoom Communications) shows a decisively improved technical picture as of the August 5 data cutoff. On the daily chart, price at 100.64 sits above SMA20 (92.12), SMA50 (93.05), and SMA200 (88.35) after a sharp recovery from the late-July lows near 83. RSI14 at 65.28 confirms bullish momentum, and the daily MACD is firmly bullish with the line at 2.05 above the signal at 0.53 and a positive histogram at 1.52. The stock is pressing the upper Bollinger Band (100.71) and testing the 20-day high at 102.74, though the latest bar pulled back on below-average volume. The weekly chart has also turned constructive, with price at 96.07 holding above all major weekly moving averages. The main caveat is that daily SMA20 remains below SMA50, so the moving average alignment is still resolving. Key resistance is at 102.74 and the 60-day high at 114.74. Support rests at SMA20 (92.12), the 20-day low (83.33), and the 60-day low (82.27).
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Constructive. Price at 100.64 is above SMA20 (92.12, +9.25%), SMA50 (93.05, +8.16%), and SMA200 (88.35, +13.91%). SMA20 is rising sharply while SMA50 has flattened and SMA200 is sloping up, but SMA20 at 92.12 remains below SMA50 at 93.05, so the moving average stack is not yet in a clean bullish alignment. The stock has rallied strongly from the late-July low near 83 and is trading near the top of its recent range just below the 20-day high at 102.74.
- Momentum
- Bullish. RSI14 at 65.28 is well above the 50 midline, indicating strong momentum that is approaching overbought without an extreme reading. MACD line at 2.05 is above the signal line at 0.53, and the histogram at 1.52 is positive and expanding, a firmly bullish configuration that has strengthened over the past two weeks.
- Volatility
- Elevated. ATR14 at 3.63 (3.61% of price) reflects above-average daily movement during the recent advance. Bollinger Bands (83.54 to 100.71) have widened, and price at 100.64 is pressing against the upper band, consistent with the strong push higher.
- Volume
- Below average on the latest bar. Latest volume of 2,557,100 is 80.7% of the 20-period average (3,169,615). The strong up days in early August traded above average, while the August 5 pullback came on lighter participation.
Assessment
The daily chart has turned constructive. Price has reclaimed all three major moving averages and is trading in the upper half of its 52-week range at a 69.1% position. The bullish MACD crossover with an expanding histogram supports the recent strength, and RSI at 65.28 confirms positive momentum. The stock is now testing key resistance near the 20-day high at 102.74, with the upper Bollinger Band around 100.71 providing nearby overhead. The unresolved SMA20 to SMA50 gap and the below-average volume on the latest bar suggest the move may consolidate before a further push. A break above 102.74 with volume would open the path toward the 60-day high at 114.74. Support sits at SMA20 (92.12) and the 20-day low (83.33).
Weekly (July 27, 2026 week)
- Trend
- Bullish. Price at 96.07 is above SMA20 (91.81), SMA50 (87.23), and SMA200 (74.93). All three weekly moving averages are rising, and price sits above the full stack. This marks a structural improvement from earlier in the year when price traded below every major weekly average.
- Momentum
- Improving. RSI14 at 55.27 is above the 50 midline, confirming that weekly momentum has turned positive after recovering from oversold levels in the spring. MACD line at 1.45 remains below the signal line at 2.15 with a negative histogram at -0.70, but both the line and signal are in positive territory, showing the weekly MACD is working through a bearish crossover from an elevated base.
- Volatility
- Elevated. ATR14 at 8.53 (8.88% of price) reflects wide weekly ranges typical of the recent recovery. Bollinger Bands (73.36 to 110.27) are wide, with price trading in the middle of the band range after the multi-week advance.
- Volume
- Slightly below average. Weekly volume of 17,118,800 is 84.2% of the 20-week average (20,326,230), indicating participation has not fully confirmed the advance.
Assessment
The weekly chart has improved markedly. Price now holds above all major weekly moving averages in a bullish alignment, supported by RSI14 above 50. The recovery from the spring low near 69 has carried the stock to a 59% position within its 52-week range. The MACD remains the lagging element, with the line still below the signal, though both are in positive territory. The 20-week high at 114.74 now represents the major overhead hurdle; a weekly close above it would signal a complete structural recovery. A loss of SMA20 near 91.81 would be the first warning that the weekly improvement is stalling.
Key indicators
ZM Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 65.28 | 55.27 |
| MACD (12, 26, 9) | 2.05 / 0.53 / 1.52 | 1.45 / 2.15 / -0.70 |
| ATR (14) | 3.63 (3.61%) | 8.53 (8.88%) |
| Bollinger Bands (20, 2) | 83.54 - 100.71 | 73.36 - 110.27 |
| SMA (20) | 92.12 | 91.81 |
| SMA (50) | 93.05 | 87.23 |
| SMA (200) | 88.35 | 74.93 |
Price structure
ZM Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 100.64 | 96.07 |
| 1-Period Return | -1.45% | +9.18% |
| 5-Period Return | +8.91% | +11.09% |
| 20-Period Return | +15.15% | +29.65% |
| 60-Period Return | -7.85% | +19.56% |
| 252-Period Return | +39.66% | -64.09% |
| 52-Week Low | 69.15 | 69.15 |
| 52-Week High | 114.74 | 114.74 |
| 52-Week Position | 69.07% | 59.05% |
Key levels
ZM Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 102.74 | 114.74 |
| 20-Period Low | 83.33 | 74.33 |
| 60-Period High | 114.74 | 114.74 |
| 60-Period Low | 82.27 | 69.15 |
Scenarios
ZM Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks and holds above the 20-day high at 102.74 on the daily chart with rising volume, extending the recovery toward the 60-day high at 114.74.
Invalidation
Price falls back below SMA20 (92.12) and breaks the 20-day low at 83.33.
What to watch
Daily RSI holding above 60; MACD histogram continuing to expand; weekly MACD line crossing above the signal line; volume confirmation on the break above 102.74.
Range-Bound
Trigger
Price consolidates between the 20-day low at 83.33 and the recent high near 102.74 after the sharp advance, digesting gains while the SMA20 to SMA50 alignment resolves.
Invalidation
A decisive break above 102.74 or below 83.33 with increasing volume.
What to watch
RSI oscillating between 55 and 65; MACD histogram flattening; volume returning to average; price holding above SMA20.
Bearish
Trigger
Price fails to hold above SMA50 (93.05) and breaks below the 20-day low at 83.33, reversing the recent advance and resuming the prior down move.
Invalidation
Price reclaims the 100 level and establishes support above SMA50.
What to watch
Daily RSI falling below 55; MACD histogram turning negative; increasing volume on down days; weekly price losing SMA20.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
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.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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