Facebook, Inc. (NASDAQ:FB) Price Target $200
Stifel rated the Facebook, Inc. (NASDAQ:FB)’s stock as a Buy in a research note published on Thursday, July 26th, 2018 and posted a $202 price target on the common stock of Facebook, Inc. (NASDAQ:FB). Other Wall Street experts have also recently posted reports on these shares. Monness Crespi & Hardt gave the stock a Buy rating, while setting a price target at $205 in a research note from Thursday, July 26th, 2018. JP Morgan posted a $205 price target for Facebook, Inc. stock and rated the stock as an Overweight in a research note dated Thursday, July 26th, 2018.
At the moment, there are a total of 45 analysts who cover Facebook, Inc. (NASDAQ:FB) stock. Among that group, 20 of them gave BUY ratings, 20 of them rated the stock as OUTPERFORM, 3 recommended it as HOLD, 1 set the rating at UNDERPERFORM and 1 rated it as a SELL. Looking at the big picture from the data above, the average analyst rating for Facebook, Inc. is 1.80.
Overall, the bias in prices is: Downwards.
Note: this chart shows extraordinary price action to the downside.
By the way, prices are vulnerable to a correction towards 183.80.
The projected upper bound is: 195.15.
The projected lower bound is: 156.49.
The projected closing price is: 175.82.
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 25 white candles and 25 black candles.
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.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 75.4876. This is not an overbought or oversold reading. The last signal was a buy 3 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 42.14. 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 buy 18 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 -1. This is not a topping or bottoming area. The last signal was a buy 4 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 1 period(s) ago.
Rex Takasugi – TD Profile
FACEBOOK INC A closed down -1.200 at 176.260. Volume was 34% below average (neutral) and Bollinger Bands were 38% narrower than normal.
Open High Low Close Volume___
178.100 178.240 175.830 176.260 15,910,675
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 174.81 190.74 181.66
Volatility: 22 63 44
Volume: 21,377,348 26,428,042 26,066,746
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.
FACEBOOK INC A is currently 3.0% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of FB.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on FB.O and have had this outlook for the last 22 periods.