Facebook Inc (NASDAQ:FB) on Target to $200

Facebook Inc (NASDAQ:FB) on Target to $200

Facebook Inc (NASDAQ:FB) on Target to $200

Growth for Facebook Inc

1 Year 3 Year 5 Year
Sales % 54.16 51.99 49.42
EPS (TTM) % 170.22 80.30 62.06
Dividend %

Institutional Holders

% Shares Owned: 72.47%
# of Holders: 2,606
Total Shares Held: 1,717,818,141
3 Mo. Net Change: -4,969,732
# New Positions: 160
# Closed Positions: 74
# Increased Positions: 1,164
# Reduced Positions: 901
# Net Buyers: 263

News Highlights

Spain has fined Facebook €1.2 million euros (roughly $1.44 million), after it found three instances when it collected personal data on its Spanish users without informing them of how it was to be used.

The judgement is the latest in a series of legal issues that have befallen the social media giant.

Following on the heels of Apple’s recent announcement that they also plan to invest as much as $1 billion in original programming, it’s unclear whether Facebook wants to develop actual scripted series or rely on their video-creation ecosystem. The Facebook Watch feature, with hundreds of shows ranging from scripted dramas to reality-TV offerings, is oriented towards community involvement, with Facebook and the content creators splitting the proceeds.

Technicals

FACEBOOK INC A closed down -2.260 at 170.950. Volume was 100% below average (consolidating) and Bollinger Bands were 34% narrower than normal.

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

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 18.7% above its 200-period moving average and is in an downward trend. Volatility is low 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 bearish on FB.O and have had this outlook for the last 9 periods.

Momentum

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 73.3340. This is not an overbought or oversold reading. The last signal was a sell 0 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 56.07. 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 22 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 82. This is not a topping or bottoming area. The last signal was a sell 0 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 buy 4 period(s) ago.

 

 

 

 

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.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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