FUBOTV INC -CLASS A (FUBO) Stock Technical Analysis
USA - NYSE:FUBO - US35953D1046 - Common Stock
Overall FUBO gets a technical rating of 5 out of 10. In the last year, FUBO was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
FUBO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for FUBO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.33
When analyzing the support we can see 3 important areas.
- Support @3.61 from a horizontal line in the weekly time frame.
- A support zone ranging from 3.45 to 3.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @3.36 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @4.09 from a horizontal line in the daily time frame.
- Resistance @4.20 from a trend line in the weekly time frame.
- Resistance @4.58 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 | NEUTRAL | NEUTRAL | The long term trend for FUBO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FUBO is neutral. |
| ChartMill Relative Strength | 96.11 | POSITIVE | FUBO has a high relative strength, it outperformed 96.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FUBO is above 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) | 50.08 | NEUTRAL | The RSI value for FUBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FUBO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.08 | NEUTRAL | The Stochastics value for FUBO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for FUBO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.51 | NEUTRAL | The ADX value for FUBO suggests a possible start of a new trend. |
3.77
-0.31 (-7.6%)
FUBOTV INC -CLASS A / FUBO FAQ
What is the ChartMill technical rating of FUBOTV INC -CLASS A (FUBO) stock?
ChartMill assigns a technical rating of 5 / 10 to FUBO.
What is the current trend direction of FUBOTV INC -CLASS A (FUBO) stock?
The current trend direction for FUBOTV INC -CLASS A (FUBO) is Bearish.
What is the RSI signal for FUBOTV INC -CLASS A (FUBO) stock?
FUBOTV INC -CLASS A (FUBO) has an RSI value of 50.0784. This indicates that the stock is currently neutral.
What is the MACD signal for FUBOTV INC -CLASS A (FUBO) stock?
The MACD indicator for FUBOTV INC -CLASS A (FUBO) has a value of 0.034996, indicating a bearish trend.
What is the support and resistance level for FUBO stock?
FUBOTV INC -CLASS A (FUBO) has a support level at 3.61 and a resistance level at 4.09. Check the full technical report for our detailed analysis of FUBO support and resistance levels.