FUBOTV INC (FUBO) Stock Technical Analysis
NYSE:FUBO - US35953D1046 - Common Stock
3.41 USD
-0.04 (-1.16%)
3.4 USD
-0.01 (-0.29%)
Overall FUBO gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month FUBO has a been trading in the 3.25 - 4.40 range, which is quite wide. It is currently trading near the lows of this range.
FUBO is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 85% of 70 stocks in the same industry.
FUBO has an average volume of 14990400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that FUBO is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, FUBO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.40, a Stop Loss order could be placed below this zone.
More info and screens
3.28
4.10
We found 1 important support area.
- A support zone ranging from 3.31 to 3.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 3.43 to 3.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.52 to 3.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.76 to 3.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.97 from a trend line in the daily time frame.
- Resistance @4.06 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for FUBO is down. |
| ChartMill Relative Strength | 91.77 | POSITIVE | FUBO has a high relative strength, it outperformed 91.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FUBO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FUBO is below 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) | 43.87 | NEUTRAL | The RSI value for FUBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FUBO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.48 | NEUTRAL | The Stochastics value for FUBO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.51 | HIGH VOLATILITY | The high ATR as a percentage value for FUBO suggests high volalility. |
| Average Directional Index/ADX (14) | 12.72 | NEGATIVE | The low ADX value for FUBO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.41
-0.04 (-1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.16%
1 Week1.49%
2 Weeks-9.31%
1 Month-18.03%
3 Month-6.83%
6 Month12.54%
12 Month102.98%
2 Year45.73%
3 Year-5.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%6.51%
ATR Inc-57%
Range Today0.07
ADR(20)0.21
ADR(20)%6.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.77
Mansfield1.27
10 Day High3.8
10 Day Low3.25
20 Day High4.4
20 Day Low3.25
52 Week High6.45
52 Week Low1.21
CS1 End3.4
CR1 Start3.43
Volume & EV
DER(3)0.3%
DER(5)2.52%
Volume7.65M
Volume Incr-59.01%
Vol(5)8.79M
Vol(50)14.99M