Facebook Inc (FB) Up 0.17%; in an Uptrend Over Past 30 Days

Facebook Inc Daily Price Recap

Facebook Inc entered today at $235.94, up 0.17% ($0.41) from the day prior. This move happened on lower volume, as yesterday’s volume was down 19.92% from the day before — and down 42.91% from the same day the week before. Below is a daily price chart of Facebook Inc.

Facebook Inc Technical Analysis

The first thing we should note is that the current price of Facebook Inc is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Volatility for Facebook Inc has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Facebook Inc’s price has gone up 7 them.

Overheard Around the Web

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

    @JimmyJamm I must be doing something GREAT to help stock traders New and even veterans become better at trading stocks for profits. Ive Only been a member since May 23 rd 2020 not even 20 trading days and its over 700 stock trader willing to research and even trade stocks with my stock pick advice on my page.@JimmyJamm it Looks like you need to be worrying about your page instead of throwing HATE on my page just for the Joy of not wanting to see anyone win in Life. Stop being a pathetic loser you and others on Stocktwits harassing stock traders like myself who are just here to help and join a winning group. You have been BLOCKED either way by me. Happy Trading Mam. $GNUS $PSTV $FB $SNAP