Facebook Inc (FB) Up 2.91%; in an Uptrend Over Past 90 Days

Facebook Inc 4 Hour Price Update

Updated July 01, 2020 04:31 PM GMT (12:31 PM EST)

FB’s price is up $7.2 (3.17%) over the past four hours of trading. For context, Facebook Inc’s peers in the in the Business Services industry are up 0.64% on average in this time, while its peers in the broader Technology sector are down by an average of -0.67%.

Facebook Inc Daily Price Recap

Facebook Inc closed the previous day up 2.91% ($6.43); this denotes the 2nd day in a row it has gone up. The change in price came along side change in volume that was down 41.93% from previous day, but up 12.53% from the Tuesday of last week. The daily price chart of Facebook Inc below illustrates.

Facebook Inc Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Facebook Inc’s price has gone up 10 them.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about FB:

    i posted my reaction to the $FB boycott by advertisers. they don't really care and even if they did the EXECs are OBLIGATED to not care. they nbr1 responsibility is the fiscal health of their Stakeholders not the current moral theme. $PG $UL $VZ are full of crap. they need to cut cost and FB price action here is proof of this. +the FB eyeballs are NOT American. that's the honeypot for advertisers not US issues.