FB Forecast and Technical Stock Analysis
Buy candidate since 2019-09-17 PDF
Facebook gained 1.00% in the last trading day ( Tuesday, 17th Sep 2019 ), rising from $186.22 to $188.08 During the day the stock fluctuated 1.50% from a day low at $185.54 to a day high of $188.32. The price has been going up and down for this period, and there has been a 3.12% gain for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 1.64 million more shares were traded than the day before. In total, 9.63 million shares bought and sold for approximately $1 810.64 million.
- 30 day high of the FB stock price was $191.36 and low was $176.66.
- 90 day high was $208.66 and low was $176.66.
- 52 week high for Facebook - $208.66 and low - $123.02.
Facebook lies in the middle of a 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 -6.36% during the next 3 months and, with 90% probability hold a price between $163.27 and $184.11 at the end of this period.
Only positive signals in the chart today. 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 $187.48 and $186.01. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday September 10, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 61 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 $187.48.
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 $2.78 (1.50%) between high and low. For the last week, the stock has had daily average volatility of 1.43%.
Our recommended stop-loss: $177.40 (-5.68%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 5 days ago.)
1.43 %Average volatility
Very Low Low Medium High Very High
Several short-term signals are positive, despite the stock being in a falling trend, 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. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.
|FB $188.08 ($1.86 1.00%)|
FB is up $1.86 today, but where's it headed in 2019?
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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!