Bullish vs. Bearish (121 opinions)
Social Sentiment 0.10
FB Forecast and Technical Stock Analysis
Buy candidate since 2019-11-15 Gain 1.24% PDF
Facebook fell by -0.91% in the last day ( Wednesday, 20th Nov 2019 ) from $199.32 to $197.51 During the day the stock fluctuated 2.13% from a day low at $195.43 to a day high of $199.59. The price has been going up and down for this period, and there has been a 3.11% gain for the last 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -6.59 million shares and in total 11.82 million shares bought and sold for approximately $2 333.95 million.
- 30 day high of the FB stock price was $200.00 and low was $181.50.
- 90 day high was $200.00 and low was $173.09.
- 52 week high for Facebook - $208.66 and low - $123.02.
Facebook lies in the upper part of a wide and weak rising trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $200.35 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 5.92% during the next 3 months and, with 90% probability hold a price between $191.42 and $212.21 at the end of this period.
Facebook holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $195.73 and $188.73. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Tuesday November 19, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
* 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 63 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Facebook finds support from accumulated volume at $191.65.
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 $4.16 (2.13%) between high and low. For the last week, the stock has had daily average volatility of 1.79%.
Our recommended stop-loss: $189.01 (-4.30%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 day(s) ago.)
1.79 %Average volatility
Very Low Low Medium High Very High
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Strong Buy Candidate to a Buy Candidate.
The general sentiment holds a neutral evaluation of the stock right now. The sentiment is based upon 110 votes on StockTwits.
|FB $197.51 ($-1.81 -0.91%)|
FB is down $1.81 today, but where's it headed in 2020?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!