Zoom Video Communications (ZM) Just Overtook the 20-Day Moving Average
Zoom(ZM) ZACKS·2024-09-16 22:35
Zoom Video Communications (ZM) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ZM broke through the 20-day moving average, which suggests a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving a ...