COMPARING FACEBOOK STOCK IN YEARS 2018 &2019

some technical analysis of FACEBOOK stock...



30-DAY & 200-DAY MOVING AVERAGE








   The indicator for the first four months of 2019 moves upward, so as 30-day moving average which crosses below the 200-day moving average. That it's a sell signal, as it indicates that the trend is shifting down. This is known as a dead/death cross.
  Trend line acts like a floor (support), so the price (128.54) bounces up off of it, while acts as resistance too; like a ceiling, the price (171.46) hits the level and then starts to drop again. Support levels show that the investors believe that they are the lowest acceptable prices, which means an upward should happen.
   By contrast to the above the same indicator for the first four months of 2018 moved downward with support level 150.04 and resistance level 195.67.  Generally in 2018 there are many downtrends which are characterized by lower peaks and lower troughs over time. The 30-day moving average has similar route as the indicator but 200-day moving average is more constant.


MACD & RSI INDICATORS







   When MACD crosses below the trigger line there is a buy signal. We notice that in 2018 and 2019 too there are many times that MACD and trigger line crossed and MACD has similar route as the indicator. However the MACD of 2019 is over the zero line while in 2018 a large part of MACD is under the zero line. When MACD and the indicator have converse routes the trade is converse too.
   The RSI indicator when is not in the purple area (30%-70%) and it is over 70% it has to be over-bought but when in under 30 it has to be over-sold. When RSI crosses over 30% then we may have a buy signal, but when RSI crosses back below 70% we may have a sell signal.




SPX ANALYSIS











   In conclusion we notice that the route of FACEBOOK stock in 2019 is way better and accretive than 2018.



Sources:












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