FACEBOOK INC.
FACEBOOK INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: FB
ISIN:

FACEBOOK INC. - Daily - Technical analysis published on 04/02/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 282.05 USD
My targets
303.91 USD (+1.76%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on FACEBOOK INC. as long as the price remains well above 282.05 USD. The buyers” bullish objective is set at 303.91 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.6

Complete this analysis for another time unit:
15 min. 1H Weekly
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

FACEBOOK INC. rating 298.66 USD. On the day, this instrument gained +1.40% and was between 296.60 USD and 302.40 USD. This implies that the price is at +0.69% from its lowest and at -1.24% from its highest.

296.60
302.40
298.66

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of FACEBOOK INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 16 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


MACD indicator: bearish divergence

Type : Bearish

Timeframe : Daily


MACD indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Horizontal resistance is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 268.43 282.05 294.68 298.66 303.91
Change (%) -10.12% -5.56% -1.33% - +1.76%
Change -30.23 -16.61 -3.98 - +5.25
Level Intermediate Minor Intermediate - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard290.24293.42296.04299.22301.84305.02307.64
Camarilla297.07297.60298.13298.66299.19299.72300.26
Woodie289.96293.28295.76299.08301.56304.88307.36
Fibonacci293.42295.64297.00299.22301.44302.80305.02


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard252.00264.87273.95286.82295.90308.77317.85
Camarilla276.98279.00281.01283.02285.03287.04289.06
Woodie250.10263.92272.05285.87294.00307.82315.95
Fibonacci264.87273.26278.44286.82295.21300.39308.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard219.25236.38265.45282.58311.65328.78357.85
Camarilla281.83286.06290.30294.53298.77303.00307.24
Woodie225.23239.37271.43285.57317.63331.77363.83
Fibonacci236.38254.03264.93282.58300.23311.13328.78

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 64.14
MACD (12,26,9): 6.9900
Directional Movement: 19.96
AROON (14): 100.00
DEMA (21): 290.59
Parabolic SAR (0,02-0,02-0,2): 282.72
Elder Ray (13): 13.40
Super Trend (3,10): 272.36
Zig ZAG (10): 298.66
VORTEX (21): 1.1100
Stochastique (14,3,5): 80.55
TEMA (21): 295.26
Williams %R (14): -11.03
Chande Momentum Oscillator (20): 19.38
Repulse (5,40,3): 0.7800
ROCnROLL: 1
TRIX (15,9): 0.3000
Courbe Coppock: 15.86
MA7: 287.99
MA20: 279.92
MA50: 271.97
MA100: 272.24
MAexp7: 290.53
MAexp20: 282.19
MAexp50: 275.00
MAexp100: 270.63
Price / MA7: +3.70%
Price / MA20: +6.69%
Price / MA50: +9.81%
Price / MA100: +9.70%
Price / MAexp7: +2.80%
Price / MAexp20: +5.84%
Price / MAexp50: +8.60%
Price / MAexp100: +10.36%

Quotes : 2021-04-01 19:59:59 - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on FACEBOOK INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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