FUBO Technical Analysis - FUBOTV INC

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to FUBO. Both in the recent history as in the last year, FUBO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, FUBO did better than 96% of all other stocks.

FUBO is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 89% of 69 stocks in the same industry.

In the last month FUBO has a been trading in the 3.37 - 4.54 range, which is quite wide. It is currently trading near the high of this range.

FUBO has an average volume of 15751500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

FUBO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FUBO is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although FUBO has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.28

4.43

3 important support areas can be observed.

A support zone ranging from 3.61 to 3.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @3.48 from a trend line in the daily time frame.
Support @3.31 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 4.36 to 4.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for FUBO is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for FUBO is up.
ChartMill Relative Strength	96.68	POSITIVE	FUBO has a high relative strength, it outperformed 96.68% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of FUBO is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of FUBO is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of FUBO is above the rising SMA(200).
Relative Strength Index/RSI (14)	64.88	NEUTRAL	The RSI value for FUBO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.05	POSITIVE	The MACD value suggests FUBO has a positive trend, although the MACD value is declining.
Stochastics (14,3)	81.29	OVERBOUGHT	The high Stochastics value suggests FUBO may be overbought.
Average True Range in percent/ATR (20)	4.92	MEDIUM VOLATILITY	The ATR as a percentage value for FUBO suggests some volalility.
Average Directional Index/ADX (14)	29.39	POSITIVE	The high ADX value value for FUBO suggests a strong trend.