Face Book is a social networking site. It is listed on NASDAQ.
Below is my technical analysis of FB stock.
TECHNICAL TECHNIQUES USED IN ANALYSIS: TREND ANALYSIS, MOVING AVERAGES, RSI, BOLLINGER BANDS.
FB is in bullish trend from 15august2013, face books stock price is above middle band. lower,middle and upper bands are in rising in upward direction, RSI is above its midpoint of 50 and currently its 74 conforming strength of stock. Moving average 5 and 20 are moving in upward direction, Moving average 5 is above 20 moving average.
CONCLUSION: FB price is in bullish trend.
RECOMENDATION: buy this stock.
Below is my technical analysis of FB stock.
TECHNICAL TECHNIQUES USED IN ANALYSIS: TREND ANALYSIS, MOVING AVERAGES, RSI, BOLLINGER BANDS.
FB is in bullish trend from 15august2013, face books stock price is above middle band. lower,middle and upper bands are in rising in upward direction, RSI is above its midpoint of 50 and currently its 74 conforming strength of stock. Moving average 5 and 20 are moving in upward direction, Moving average 5 is above 20 moving average.
CONCLUSION: FB price is in bullish trend.
RECOMENDATION: buy this stock.
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