Facebook (FB) Shares are Up 0.98%

Facebook (FB) : Traders are bullish on Facebook (FB) as it has outperformed the S&P 500 by a wide margin of 4.16% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.55%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.98% in the last 1 week, and is up 6.75% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

Facebook (NASDAQ:FB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $124.98 and $124.62 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $125.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $125.15, notching a gain of 0.64% for the day. The total traded volume was 20,184,035 . The stock had closed at $124.36 on the previous day.

The stock has recorded a 20-day Moving Average of 3.56% and the 50-Day Moving Average is 6.25%. Facebook, Inc. is up 4.74% in the last 3-month period. Year-to-Date the stock performance stands at 19.58%.

Facebook (FB) : Average target price received by Facebook (FB) is $154.18 with an expected standard deviation of $12.9. The most aggressive target on the stock is $185, whereas the most downbeat target is $126. 33 financial analysts are currently covering the stock.


Facebook, Inc. is a social networking company. The Company is engaged in developing products that enables users to connect and share through mobile devices and personal computers. It offers various services focused on people, marketers and developers. It offers various platforms for people to share their opinions, ideas, photos and videos, and to engage in other activities. Its products include Facebook, Instagram, Messenger and WhatsApp. The Facebook mobile app and Website enables people to connect, share, discover and communicate with each other on mobile devices and personal computers. Its Messenger is a mobile-to-mobile messaging application available on iOS and Android phones. Instagram is a mobile application and Website that enables people to take photos or videos, and share them with friends and followers. WhatsApp Messenger is a cross-platform mobile messaging application and allows people to exchange messages on iOS, Android, BlackBerry, Windows Phone and Nokia devices.

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