Facebook Stock Technical Analysis: Facebook stock is trading in a bearish trend today, recording a high of $573 and a low of $562, with current trading at $571. This movement reflects the continued negative pressure on the stock.
Facebook Stock Technical Analysis: Price Analysis
Prices are trading below the moving averages, indicating support for the downtrend. This situation reflects weak buying momentum, and reinforces expectations of a continuation of the negative trend.
Technical Analysis
The MACD indicator indicates the emergence of a negative trend, adding more pressure on the stock. This may indicate that there is a possibility of further price declines in the near future.
Trading Expectations
Based on technical and fundamental analysis, pressure on Facebook stock is expected to continue, especially if negative market conditions persist. We may see further price declines if positive signals do not appear.
Trading strategies based on Buy/Sell levels
| Facebook Stock | In case of buying | in case of selling |
| Entry point | 576 | 566 |
| Target Point 1 (TP1) | First resistance: 580 | First support: 560 |
| Target Point 2 (TP2) | Second resistance: 584 | Second support: 554 |
| Stop Loss (SL) | 566 | 576 |
Facebook stock is showing clear signs of a downtrend, trading below its moving averages and showing a negative trend on the MACD indicator. Investors are advised to monitor economic developments and news related to the company, as they can significantly impact the stock’s movement.
