FUBOTV INC. - Daily - Technical analysis published on 06/15/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 27.39 USD
My targets
33.47 USD (+13.58%)
40.46 USD (+37.28%)
My analysis
FUBOTV INC. 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 27.39 USD. The next resistance located at 33.47 USD is the next bullish target 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 40.46 USD. After this resistance, buyers could then target 41.89 USD.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.7
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This analysis was given by DipFarda. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The FUBOTV INC. rating is 29.47 USD. The price is lower by -1.07% since the last closing with the lowest point at 28.83 USD and the highest point at 30.33 USD. The deviation from the price is +2.22% for the low point and -2.84% for the high point.28.83
30.33
29.47
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of FUBOTV INC. indicates that the overall trend is bullish. The signals returned by the moving averages are 71.43% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
The technical indicators are bullish. There is still some doubt about the price increase.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 16.35 | 22.15 | 27.39 | 29.47 | 41.89 | 52.40 | 62.00 |
Change (%) | -44.52% | -24.84% | -7.06% | - | +42.14% | +77.81% | +110.38% |
Change | -13.12 | -7.32 | -2.08 | - | +12.42 | +22.93 | +32.53 |
Level | Minor | Major | Minor | - | Minor | Intermediate | Intermediate |
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 | 27.26 | 28.04 | 28.76 | 29.54 | 30.26 | 31.04 | 31.76 |
Camarilla | 29.06 | 29.20 | 29.33 | 29.47 | 29.61 | 29.75 | 29.88 |
Woodie | 27.22 | 28.03 | 28.72 | 29.53 | 30.22 | 31.03 | 31.72 |
Fibonacci | 28.04 | 28.62 | 28.97 | 29.54 | 30.12 | 30.47 | 31.04 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 27.26 | 28.04 | 28.76 | 29.54 | 30.26 | 31.04 | 31.76 |
Camarilla | 29.06 | 29.20 | 29.33 | 29.47 | 29.61 | 29.75 | 29.88 |
Woodie | 27.22 | 28.03 | 28.72 | 29.53 | 30.22 | 31.03 | 31.72 |
Fibonacci | 28.04 | 28.62 | 28.97 | 29.54 | 30.12 | 30.47 | 31.04 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 4.91 | 9.77 | 16.76 | 21.62 | 28.61 | 33.47 | 40.46 |
Camarilla | 20.48 | 21.57 | 22.65 | 23.74 | 24.83 | 25.91 | 27.00 |
Woodie | 5.97 | 10.30 | 17.82 | 22.15 | 29.67 | 34.00 | 41.52 |
Fibonacci | 9.77 | 14.30 | 17.10 | 21.62 | 26.15 | 28.95 | 33.47 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 63.11 | |
MACD (12,26,9): | 2.2800 | |
Directional Movement: | 18.80 | |
AROON (14): | 71.43 | |
DEMA (21): | 28.64 | |
Parabolic SAR (0,02-0,02-0,2): | 31.39 | |
Elder Ray (13): | 2.29 | |
Super Trend (3,10): | 23.08 | |
Zig ZAG (10): | 29.47 | |
VORTEX (21): | 1.2000 | |
Stochastique (14,3,5): | 77.63 | |
TEMA (21): | 30.79 | |
Williams %R (14): | -19.18 | |
Chande Momentum Oscillator (20): | 5.75 | |
Repulse (5,40,3): | -0.7400 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 1.2500 | |
Courbe Coppock: | 72.47 |
MA7: | 29.09 | |
MA20: | 25.13 | |
MA50: | 22.03 | |
MA100: | 29.43 | |
MAexp7: | 28.68 | |
MAexp20: | 25.96 | |
MAexp50: | 24.77 | |
MAexp100: | 25.62 | |
Price / MA7: | +1.31% | |
Price / MA20: | +17.27% | |
Price / MA50: | +33.77% | |
Price / MA100: | +0.14% | |
Price / MAexp7: | +2.75% | |
Price / MAexp20: | +13.52% | |
Price / MAexp50: | +18.97% | |
Price / MAexp100: | +15.03% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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