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Bullish Engulfing appears for ZM after 2.5% move

Zoom Video Communications, Inc. (ZM) — Nightly Technical Analysis · Jun 23, 2026, 17:50 ET
ZM finished higher by 2.5% on Tuesday, June 23rd, trading 0.7 times its typical volume. Multiple bullish signals emerged — Bullish Engulfing and Stochastic Buy Signal — suggesting potential strength ahead. Key support levels exist at 84.93, 83.42 & 82.53, with resistance at 87.33, 88.22 & 89.73. Technical indicators like Slow Stochastic reveal oversold momentum right now.

Current SwingTradeBot Technical Rating of ZM: D

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Zoom Communications, Inc. (ZM)