FUBOTV INC (FUBO) Stock Technical Analysis
NYSE:FUBO - New York Stock Exchange, Inc. - US35953D1046 - Common Stock - Currency: USD
Overall FUBO gets a technical rating of 7 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.
In the last month FUBO has a been trading in the 3.02 - 3.91 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that FUBO is one of the better performing stocks in the market, outperforming 97% of all stocks.
FUBO is part of the Interactive Media & Services industry. There are 71 other stocks in this industry. FUBO outperforms 95% of them.
FUBO has an average volume of 16543900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
FUBO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FUBO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
FUBO has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
2.81
3.64
We found 2 important support areas.
- A support zone ranging from 3.10 to 3.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.84 to 2.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.39 to 3.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.60 from a trend 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 | 97.04 | POSITIVE | FUBO has a high relative strength, it outperformed 97.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FUBO is below 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) | 44.82 | NEUTRAL | The RSI value for FUBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FUBO has a negative trend. |
| Stochastics (14,3) | 5.67 | OVERSOLD | The low Stochastics value suggests FUBO may be oversold. |
| Average True Range in percent/ATR (20) | 6.44 | HIGH VOLATILITY | The high ATR as a percentage value for FUBO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.71 | 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)
3.12
-0.04 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.27%
1 Week-8.5%
2 Weeks-7.14%
1 Month0.97%
3 Month-1.89%
6 Month124.46%
12 Month171.3%
2 Year50%
3 Year26.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%6.44%
ATR Inc-29.87%
Range Today0.15
ADR(20)0.19
ADR(20)%5.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.04
Mansfield2.78
10 Day High3.53
10 Day Low3.08
20 Day High3.91
20 Day Low3.02
52 Week High6.45
52 Week Low1.11
CS1 End3.11
CR1 Start3.39
Volume & EV
DER(3)-3.68%
DER(5)-5.13%
Volume10.81M
Volume Incr-43.12%
Vol(5)8.87M
Vol(50)16.54M