Weaker Buy Today FWONK ranks #695 as BUY CANDIDATE #695 Stronger Buy

FWONK stock forecast Liberty Media Corporation Series C

FWONK stock forecast

Wednesday May 22, 2019 Change -0.57% Price $38.11
Chart period: 2019-02-25 - 2019-05-22
VOLUME
Sell
TREND
Buy
MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Sell

Will FWONK stock price go up or down on Thu, 23 May 2019?

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Liberty Media Corporation Series C Forecast and Stock Analysis

Technical FWONK stock analysis for Wednesday May 22, 2019.

Buy candidate since 2019-05-14 Gain 1.65%
Shorts n/a
Insider % n/a
Institutional % n/a
Beta 1.05
ROA -2.42%
Price to book USD 1.64
P/E Ratio -59.11
Next Earnings Date 2019-08-05


Liberty Media Corporation Series C fell by -0.57% in the last day ( Wednesday, 22nd May 2019 ) from $38.33 to $38.11 and has now fallen 3 days in a row. During day the stock fluctuated 1.37% from a day low at $38.01 to a day high of $38.53. The price has been going up and down for this period, and there has been a 1.14% 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 -397 289 shares and in total 266 214 shares bought and sold for approximately $10.15 million.

Quick summary:

  • 30 day high of the FWONK stock price was $39.60 and low was $36.66.
  • 90 day high was $39.60 and low was $29.43.
  • 52 week high for the Liberty Media Corporation Series C - $39.60 and low - $27.51.

Trend

Liberty Media Corporation Series C lies in the lower part of a strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $37.96 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 19.68% during the next 3 months and, with 90% probability hold a price between $45.43 and $48.72 at the end of this period.

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Signals

Liberty Media Corporation Series C 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 $38.02 and $37.78. 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 Monday May 20, 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.

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Relative Strength Index (RSI)

RSI14 is 46 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $33.94 and $33.88.

There is 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, Liberty Media Corporation Series C finds support just below today's level at $33.94. If this is broken, then the next support from accumulated volume will be at $33.88 and $31.12.

Support: $33.94 Price: $38.11 Resistance: $38.52

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $0.52 (1.37%) between high and low. For the last week, the stock has had a daily average volatility of 2.19%.

Our recommended stoploss: $36.39 (-4.50%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 2 days ago.)

2.19 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today FWONK ranks #695 as BUY CANDIDATE #695 Stronger Buy
FWONK $38.11 ($-0.22 -0.57%)
FWONK is down $0.22 today, but where's it headed in 2019?
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Will FWONK stock price go up or down
on Thu, 23 May 2019?

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