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 FIVN
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Weaker technical forecast for Five9 as stock downgraded to Sell Candidate.
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The Five9 stock price fell by -1.08% on the last day (Wednesday, 27th Mar 2024) from $62.98 to $62.30. During the last trading day the stock fluctuated 3.95% from a day low at $61.37 to a day high of $63.79. The price has risen in 7 of the last 10 days and is up by 3.82% over the past 2 weeks. Volume has increased on the last day by 80 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, 952 thousand shares were bought and sold for approximately $59.28 million.

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 -25.00% during the next 3 months and, with a 90% probability hold a price between $38.53 and $50.41 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.

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FIVN Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 06, 2024, and so far it has risen 9.53%. Further rise is indicated until a new top pivot has been found. 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. The Five9 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 $64.85. On a fall, the stock will find some support from the short-term average at $61.92. 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. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Five9 stock

Five9 finds support from accumulated volume at $61.52 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.43 between high and low, or 3.95%. For the last week, the stock has had daily average volatility of 3.04%.

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

Trading Expectations (FIVN) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Five9 to open at $62.49, and during the day (based on 14 day Average True Range), to move between $59.97 and $64.63, which gives a possible trading interval of +/-$2.33 (+/-3.74%) up or down from last closing price. If Five9 takes out the full calculated possible swing range there will be an estimated 7.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $62.32 (0.03%) than the support at $61.52 (1.25%), 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 Five9 stock A Buy?

Five9 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. 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 Sell candidate.

Current score: -1.116 Sell Candidate Downgraded

Predicted Opening Price for Five9 of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$62.49 ( 0.297%) $62.30

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

Trading levels for FIVN

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 64.91 4.19 %
R2 63.98 2.70 %
R1 63.41 1.78 %
Current price: 62.30
Support S1 61.56 -1.19 %
S2 60.99 -2.11 %
S3 60.06 -3.60 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 71.05 14.04 %
R2 64.00 2.73 %
R1 62.32 0.0321 %
Current price 62.30
Support S1 61.52 -1.25%
S2 61.09 -1.94%
S3 60.66 -2.63%

FAQ

What is the symbol for Five9 Stock and on which exchange is it traded?
The symbol for Five9 is FIVN and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Five9 Stock?
Five9 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. 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 Sell candidate.

How to buy Five9 Stock?
Five9 Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Five9 Stock.

What's the current price of Five9 Stock?
As of the end of day on the 2024-03-27, the price of an Five9 (FIVN) share was $62.30.

What is the 52-week high and low for Five9 Stock?
The 52-week high for Five9 Stock is $92.20 and the 52-week low is $51.01.

What is the market capitalization of Five9 Stock?
As of the 2024-03-27, the market capitalization of Five9 is 4.568B.

When is the next earnings date for Five9?
The upcoming earnings date for Five9 is May 02, 2024.
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About Five9

Five9 Five9, Inc., together with its subsidiaries, provides cloud software for contact centers in the United States and internationally. The company offers virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions. Its solution enables its clients to manage these customer interactions across various channels, including voice, video, c... FIVN Profile

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