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Wed 07'th Feb 2018

PERIOD 2017-11-08 - 2018-02-07
CHANGE -2.77%
PRICE $180.18
VOLUME
Sell
TREND
Buy

MV LONG
Sell

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

0.00%

Facebook Stock Analysis

Technical stock analysis for Wed 07'th Feb 2018

Shorts 1.48% ( 2018-01-12 )
Cash 147 758.0 mill
Loans n/a
Beta 0.65
ROA 20.33
Hold candidate since 2018-02-06 Loss -2.77%

Facebook fell by -2.77% in the last day from $185.31 to $180.18 The price has been going up and down for this period, and there has been a -3.41% loss 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 -9.94 million shares and in total 26.89 million shares bought and sold for approximately $4 845.27 million.

Access today's Top 5 Hold/Accumulates

Trend

Facebook lies in the lower part of a weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $178.39 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 5.21% during the next 3 months and, with 90% probability hold a price between $187.69 and $203.81 at the end of this period.

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Signals

There are few to none technical positive signals at the moment. Facebook holds sales signals from both short- and long-term moving averages. On corrections up there will be some resistance from the lines at $186.50 and $183.34. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Thursday February 01, 2018, 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.

The stock had a Golden Star Signal* on Thursday December 28, 2017 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and priceline meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

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Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Facebook finds support from accumulated volume at $179.37. On the upside the stock meets some resistance just above today's level from accumulated volume at $185.31, $186.89 and $193.09.

The stock is about to test the resistance from accumulated volume at $185.31 and this may cause the stock to take a minor break or get into a more sideways move for a few days.

Support: $179.37 Price: $180.18 Resistance: $185.31

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 $5.13 (2.85%) between high and low. For the last week, the stock has had a daily average volatility of 3.82%.

Our recommended stoploss: $168.63 (-6.41%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 4 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation

Facebook holds several negative signals and this should give a sell recommendation, but due to the general chance for a turnaround situation we recommend to hold or accumulate whilst awaiting for further development. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Buy Candidate to a Hold/Accumulate.

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