RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FFIV
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F5 Networks stock downgraded from Buy Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jul 19, 2024)

Buy or Hold candidate since Jun 18, 2024 Gain 3.21% PDF

The F5 Networks stock price fell by -1.12% on the last day (Friday, 19th Jul 2024) from $176.96 to $174.97. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.45% from a day low at $173.54 to a day high of $177.79. The price has risen in 6 of the last 10 days and is up by 1.95% over the past 2 weeks. Volume has increased on the last day by 29 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 331 thousand shares were bought and sold for approximately $57.98 million.

The stock is moving within a wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect F5 Networks stock with a 90% probability to be traded between $164.52 and $182.55 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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FFIV Signals & Forecast

The F5 Networks stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $177.74. On a fall, the stock will find some support from the long-term average at approximately $170.91. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, July 16, 2024, and so far it has fallen -4.39%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Wednesday, June 26, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Wednesday, June 26, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.
Buy
Special Signal Notification

Double Bottom Formation

Double Bottom Formation A buy signal from a double bottom formation was found on Friday, June 07, 2024 and based on theory for this formation the price should go up by 3.31% to $180.76 within 27 trading days (Thursday, July 18, 2024) since signal was issued.

Support, Risk & Stop-loss for F5 Networks stock

F5 Networks finds support from accumulated volume at $169.60 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $4.25 (2.45%) between high and low. For the last week, the stock has had daily average volatility of 2.18%.

Our recommended stop-loss: $168.67 (-3.60%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 28 days ago.)

Trading Expectations (FFIV) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect F5 Networks to open at $175.43, and during the day (based on 14 day Average True Range), to move between $171.93 and $178.01, which gives a possible trading interval of +/-$3.04 (+/-1.74%) up or down from last closing price. If F5 Networks takes out the full calculated possible swing range there will be an estimated 3.48% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $175.05 (0.05%) than the support at $169.60 (3.07%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is F5 Networks stock A Buy?

F5 Networks holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.220 Hold/Accumulate Downgraded

Predicted Opening Price for F5 Networks of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$175.43 ( 0.265%) $174.97

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FFIV

Fibonacci Support & Resistance Levels

Level Price
R3 179.68 2.69%
R2 178.06 1.77%
R1 177.06 1.19%
Price 174.97
S1 173.81 -0.663%
S2 172.81 -1.24%
S3 171.18 -2.16%

Accumulated Volume Support & Resistance Levels

Level Price
R3 182.13 4.09%
R2 181.85 3.93%
R1 175.05 0.0457%
Price 174.97
S1 169.60 -3.07%
S2 166.62 -4.77%
S3 165.31 -5.52%

FAQ

What is the symbol for F5 Networks Stock and on which exchange is it traded?
The symbol for F5 Networks is FFIV and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell F5 Networks Stock?
F5 Networks holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy F5 Networks Stock?
F5 Networks Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy F5 Networks Stock.

What's the current price of F5 Networks Stock?
As of the end of day on the Jul 19, 2024, the price of an F5 Networks (FFIV) share was $174.97.

What is the 52-week high and low for F5 Networks Stock?
The 52-week high for F5 Networks Stock is $199.49 and the 52-week low is $145.45.

What is the market capitalization of F5 Networks Stock?
As of the Jul 19, 2024, the market capitalization of F5 Networks is 10.255B.

When is the next earnings date for F5 Networks?
The upcoming earnings date for F5 Networks is Jul 29, 2024.
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About F5 Networks

F5 Networks F5, Inc. provides multi-cloud application security and delivery solutions for the security, performance, and availability of network applications, servers, and storage systems. The company's multi-cloud application security and delivery solutions enable its customers to develop, deploy, operate, secure, and govern applications in any architecture, from on-premises to the public cloud. It offers application security and delivery products, includin... FFIV Profile

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