Facebook Inc (FB) Down 0.48%; Breaks Below 20 Day Average
Happy thanksgiving to everyone and every traders even i haven't met you.
FB
(Last Updated November 26, 2020)
Welcome to the news page for Facebook Inc (FB). Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
A trend/countertrend situation exists on FB, in which a downtrend exists on shorter timeframes but an uptrend appears on the 90 day timeframe. The countertrend on the shorter timeframe may provide an opportunity to buy for those interested in playing the longer term trend.
FB Moving Averages
Across several time periods between 20 and 200 days, the trend on FB has remained consistently bullish. Moreover, it should also be noted that the 20 SMA just turned bullish today.
The chart below illustrates.
Facebook Inc (FB) Up 3.16%; Breaks Above 20 and 50 Day Averages
The change in price came along side change in volume that was down 19.84% from previous day, but up 60.74% from the tuesday of last week.
Facebook Inc (FB) Down 0.47%, Breaks Below 50 Day Average; in a Downtrend Over Past 14 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
Facebook Inc (FB) Down 1.19%; Eyes 50 Day Average
As for how volume fared, yesterday’s volume was up 38.7% from the previous day (saturday), and up 20.22% from sunday of the week before.
Facebook (FB) Closes Prior Hour Up 0.08%; Eyes 50 Day Average
As for how volume fared, yesterday’s volume was up 38.7% from the previous day (saturday), and up 20.22% from sunday of the week before.
Facebook (FB) Price Near $269.68; Price Base in Formation Over Past 14 Days, 2 Day Down Streak Snapped
The price move occurred on stronger volume; specifically, yesterday’s volume was up 32.61% from the day prior, and up 14.94% from the same day the week before.
Facebook (FB) Closes Prior Hour Down -0.07%; Price Base in Formation Over Past 14 Days, 2 Day Down Streak Snapped
The price move occurred on volume that was up 4.5% from the day prior, but down 55.88% from the same day the week before.
Facebook (FB) Price Near $271.96; Heads Down For the 2nd Consecutive Day
This move happened on lower volume, as yesterday’s volume was down 21.75% from the day before — and down 53.14% from the same day the week before.
Facebook (FB) Closes Last Hour Down $-1.15; 2 Day Up Streak Broken, Crosses 20 Day Moving Average
The price move occurred on stronger volume; specifically, yesterday’s volume was up 11.99% from the day prior, and up 4.57% from the same day the week before.
Facebook (FB) Closes Last Hour Up $1.96; Moves Up For the 2nd Straight Day
If that's the case, why is biden having press conferences and detailing his plans next year?