facebook technical analysis charts
TRANSCRIPT
February 12, 2016
FB: Facebook technical analysis charts
On Thursday, compared to Wednesday, price action opened lower (99.60, vs
Wednesday's close of 101.00), saw a higher high (105.11, vs Wednesday's high of
103.25) but lower low (98.88, vs Wednesday's low of 100.24); and closed higher
(101.91, vs Wednesday's close of 101.00). The day's range was 623 ticks.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action rose
towards the middle of the 20 day moving average envelope (102.23). The
parameters of the envelope (99.16-105.29) are pointing higher.
The RSI (48.03) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.
February 12, 2016
The MACD 12 day moving average is below the MACD 26 day moving average;
both are above zero.
The Slow Stochastics, below, are in negative mode, with the K line below the D
line.
The Commodity Channel Index (-1.58), below, is in negative mode below the
overbought 200 level.
On the DAILY BOLLINGER BANDS CHART below, Thursday represents the 4th
consecutive close below the middle of the Bollinger Band envelope (102.23). The
Bollinger Bands (87.81-116.65) are pointing higher; and narrowed from a width of
2,942 ticks on Wednesday to a width of 2,884 ticks on Thursday.
February 12, 2016
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (101.25, moving down) is equal to the 20 day moving average (102.23,
moving up); the 5 day moving average has just crossed below the 20 day moving
average to generate a negative signal. The 3-50 day strip of moving averages
ranges from the 3 day moving average (100.82) at the bottom of the range to the
10 day moving average (107.16) at the top of the range.
February 12, 2016
The Parabolic Stop and Reverse (113.44) below is in the 5th day of sell mode.
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 2nd
consecutive close below the middle of the Bollinger Bands envelope (102.08). The
Bollinger Bands (92.07-112.09) are converging; contracting from a width of 2,160
ticks on Wednesday to a width of 2,002 ticks on Thursday.