$2.29 (0%)

Volume: 754.921k

Closed: May 26, 2023

Hollow Logo Score: -3.926
Fossil Group Stock
$2.29 (0%)

Volume: 754.921k

Closed: May 26, 2023

Score Hollow Logo -3.926

Fossil Group Stock Forecast

Updated Fri, May 26, 2023
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.

GPT-4 AI Analysis

Red day on Friday for Fossil Group
(Updated on May 26, 2023)

Sell candidate since 2023-05-04 Loss -25.65% PDF

No changes to the price of Fossil Group stock on the last trading day (Friday, 26th May 2023). During the last trading day the stock fluctuated 3.98% from a day low at $2.26 to a day high of $2.35. The price has risen in 5 of the last 10 days but is still down by -12.6% for this period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -35.20% during the next 3 months and, with a 90% probability hold a price between $1.12 and $1.96 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

FOSL Signals & Forecast

There are mixed signals in the stock today. The Fossil Group stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $2.95. On a fall, the stock will find some support from the short-term average at $2.19. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while price remained unchanged. This may be an early warning, but it may also not. We still recommend that you pay attention over the next couple of days. A buy signal was issued from a pivot bottom point on Tuesday, May 16, 2023, and so far it has risen 18.04%. Further rise is indicated until a new top pivot has been found.

Get your hands on a piece of history – invest in multi-million dollar paintings from $10k with Masterworks.

Support, Risk & Stop-loss for Fossil Group stock

On the downside, the stock finds support just below today's level from accumulated volume at $2.14 and $2.05. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Fossil Group finds support just below today's level at $2.14. If this is broken, then the next support from accumulated volume will be at $2.05 and $1.94.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0900 between high and low, or 3.98%. For the last week, the stock has had daily average volatility of 7.47%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FOSL) For The Upcoming Trading Day Of Tuesday 30th

For the upcoming trading day on Tuesday, 30th we expect Fossil Group to open at $2.30, and during the day (based on 14 day Average True Range), to move between $2.09 and $2.49, which gives a possible trading interval of +/-$0.197 (+/-8.62%) up or down from last closing price. If Fossil Group takes out the full calculated possible swing range there will be an estimated 17.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $2.30 (0.44%) than the support at $2.14 (6.55%), 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 Fossil Group stock A Buy?

Fossil Group holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -3.926 Open Broker Account

Sell Candidate Unchanged

Predicted Opening Price for Fossil Group of Tuesday, May 30, 2023

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

Fair opening price May 30, 2023 Current price
$2.30 $2.29 (Undervalued)

Remember To Visit Our YouTube Channel

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.39 4.37 %
R2 2.36 2.87 %
R1 2.33 1.94 %
Current price: 2.29
Support S1 2.27 -1.06 %
S2 2.24 -1.99 %
S3 2.21 -3.49 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 2.62 14.41 %
R1 2.30 0.437 %
Current price 2.29
Support S1 2.14 -6.55%
S2 2.05 -10.48%
S3 1.94 -15.28%


What is the symbol for Fossil Group Stock and on which exchange is it traded?
The symbol for Fossil Group is FOSL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Fossil Group Stock?
Fossil Group holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

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

What's the current price of Fossil Group Stock?
As of the end of day on the 2023-05-26, the price of an Fossil Group (FOSL) share was $2.29.

What is the 52-week high and low for Fossil Group Stock?
The 52-week high for Fossil Group Stock is $7.55 and the 52-week low is $1.89.

What is the market capitalization of Fossil Group Stock?
As of the 2023-05-26, the market capitalization of Fossil Group is 285.101M.

When is the next earnings date for Fossil Group?
The upcoming earnings date for Fossil Group is 2023-08-08 00:00:00.

Click to get the best stock tips daily for free!

About Fossil Group

Fossil Group Fossil Group, Inc., together with its subsidiaries, designs, develops, markets, and distributes consumer fashion accessories in the United States, Europe, Asia, and internationally. The company's products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts, and sunglasses. It also manufactures and distributes private label brands, as well as purchases and resells branded products in non-FOSSIL branded retail s... FOSL Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE