Facebook, Inc. (NASDAQ:FB) shares drop

Facebook, Inc. (NASDAQ:FB) shares drop

Facebook, Inc. (NASDAQ:FB) shares drop

Major market players are buzzing over Facebook, Inc. (NASDAQ:FB) as their share price hit $197.36 at the end of the most recent trading session.

Outstanding shares are common stock authorized by a company that are issued, purchased, and held by investors.  Outstanding shares include restricted shares owned by the company’s employees and officers as well as the public.  “Capital Stock” is the number of outstanding shares listed on a company’s balance sheet and is reported with the company’s quarterly filings with the US Securities and Exchange Commission.  Facebook, Inc. (NASDAQ:FB)’s shares outstanding are 2905.

The mathematical calculation that represents the degree of change over time is known as “percentage change”.  In finance, it serves many purposes, and is often used to represent the price change of a commodity.

Facebook, Inc. (NASDAQ:FB)’s Price Change % over the last week is 0.51%. It’s % Price Change over the previous month is 2.11% and previous three months is 24.97%. Finally, looking back over the past year-to-date, Facebook, Inc. (NASDAQ:FB)’s Price Change % is 11.84%.

Market capitalization is the total dollar market value of a company’s shares.  It is calculated by multiplying a company’s shares outstanding by the current market price of one share.  Investors use this figure to figure out a company’s size, as opposed to just using total asset or sales figures.  Market capitalization is important because company size is a basic indicator of multiple characteristics in which investors are interested in, including risk. It is easy to calculate.  For example, a company with 40 million shares selling at $100 a share would have a market cap of $4 billion.

Overall, the bias in prices is: Upwards.

The projected upper bound is: 202.57.

The projected lower bound is: 183.97.

The projected closing price is: 193.27.

Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 31 white candles and 19 black candles for a net of 12 white candles.

Momentum Indicators

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 27.7733. 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 49.06. 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 6 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 -128.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a sell 6 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 5 period(s) ago.

Rex Takasugi – TD Profile

FACEBOOK INC A closed down -4.630 at 192.730. Volume was 54% below average (consolidating) and Bollinger Bands were 32% narrower than normal.

Open High Low Close Volume___
194.550 195.400 192.520 192.730 13,489,514

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

Moving Averages: 10-period 50-period 200-period
Close: 197.71 187.09 178.67
Volatility: 30 33 34
Volume: 18,803,904 20,402,734 23,673,822

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 7.9% above its 200-period moving average and is in an downward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. 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 0 periods.

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