FASTLY INC. CLASS A

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	FSLY
ISIN:

FASTLY INC. CLASS A - Daily - Technical analysis published on 08/06/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
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Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 102.72 USD

My targets

110.08 USD (+1.06%)

120.18 USD (+10.34%)

My analysis

FASTLY INC. CLASS A is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 102.72 USD. The next resistance located at 110.08 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 120.18 USD. After this resistance, buyers could then target 137.42 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Mattkh. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The FASTLY INC. CLASS A rating is 108.92 USD. On the day, this instrument lost -6.25% with the lowest point at 107.57 USD and the highest point at 117.79 USD. The deviation from the price is +1.25% for the low point and -7.53% for the high point.

107.57

117.79

108.92

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by FASTLY INC. CLASS A:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on FASTLY INC. CLASS A were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in Daily of this FASTLY INC. CLASS A chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Daily

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	48.07	78.16	102.72	108.92
Change (%)	-55.87%	-28.24%	-5.69%	-
Change	-60.85	-30.76	-6.20	-
Level	Minor	Major	Major	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.41	102.81	109.49	112.89	119.57	122.97	129.65
Camarilla	113.41	114.33	115.26	116.18	117.10	118.03	118.95
Woodie	101.06	103.63	111.14	113.71	121.22	123.79	131.30
Fibonacci	102.81	106.66	109.04	112.89	116.74	119.12	122.97

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	63.82	70.62	83.55	90.35	103.28	110.08	123.01
Camarilla	91.06	92.87	94.68	96.49	98.30	100.11	101.92
Woodie	66.90	72.15	86.63	91.88	106.36	111.61	126.09
Fibonacci	70.62	78.15	82.81	90.35	97.88	102.54	110.08

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	50.18	62.02	79.26	91.10	108.34	120.18	137.42
Camarilla	88.49	91.16	93.82	96.49	99.16	101.82	104.49
Woodie	52.87	63.37	81.95	92.45	111.03	121.53	140.11
Fibonacci	62.02	73.13	80.00	91.10	102.21	109.08	120.18

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	68.63
MACD (12,26,9):	8.7700
Directional Movement:	28.70
AROON (14):	57.14
DEMA (21):	101.72
Parabolic SAR (0,02-0,02-0,2):	80.48
Elder Ray (13):	17.38
Super Trend (3,10):	88.50
Zig ZAG (10):	108.92
VORTEX (21):	1.1000
Stochastique (14,3,5):	92.91
TEMA (21):	103.21
Williams %R (14):	-20.84
Chande Momentum Oscillator (20):	24.07
Repulse (5,40,3):	8.4900
ROCnROLL:	1
TRIX (15,9):	1.1500
Courbe Coppock:	37.87

MA7:	98.77
MA20:	89.15
MA50:	73.21
MA100:	49.07
MAexp7:	101.68
MAexp20:	90.73
MAexp50:	75.21
MAexp100:	58.62
Price / MA7:	+10.28%
Price / MA20:	+22.18%
Price / MA50:	+48.78%
Price / MA100:	+121.97%
Price / MAexp7:	+7.12%
Price / MAexp20:	+20.05%
Price / MAexp50:	+44.82%
Price / MAexp100:	+85.81%

Quotes : 2020-08-05 19:59:59 - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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