Facebook Inc (NASDAQ:FB) Big Brothers Eyes

Facebook Inc (NASDAQ:FB) Big Brothers Eyes

Facebook Inc (NASDAQ:FB) Big Brothers Eye

  • Advertisers can now target Facebook users based on where they’ve been in the real world.
  • The social network is allowing thousands of companies to serve ads specifically to people who have walked into their physical stores, in order to get them to come back.
  • They can also choose to exclude people who have visited brick-and-mortar stores, in order to attract new customers with offers just for them.
  • Lots of sites do something very similar by tracking your browsing activities, but people might not feel so comfortable knowing their real-world movements are being monitored too.
  • Fortunately, you can switch Facebook’s location tracking feature off. In Settings, go to the Adverts section and manage your preferences.

Facebook, Inc. is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Instagram enables people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends. Messenger allows communicating with people and businesses alike across a range of platforms and devices. WhatsApp Messenger is a messaging application that is used by people around the world and is available on a range of mobile platforms. Its Oculus virtual reality technology and content platform offers products that allow people to enter an interactive environment to play games, consume content and connect with others.

Overall, the bias in prices is: Upwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

The projected upper bound is: 175.79.

The projected lower bound is: 165.74.

The projected closing price is: 170.77.

FACEBOOK INC A closed down -0.570 at 170.540. Volume was 100% below average (consolidating) and Bollinger Bands were 30% narrower than normal.

Open           High          Low           Close          Volume
170.210      171.730     169.220     170.540     32,043

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period        50-period        200-period
Close:                       171.85              169.06             146.73
Volatility:                17                      19                      19
Volume:                  11,353,403      15,688,760      17,028,890

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

FACEBOOK INC A is currently 16.2% above its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of FB.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on FB.O and have had this outlook for the last 0 periods.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 52.6221. This is not an overbought or oversold reading. The last signal was a sell 6 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 50.66. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 32 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -116.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a sell 8 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 6 period(s) ago.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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