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Archive - 5/26/2023 - Sign In to see current Signals. |
F5 Networks (FFIV) |
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| Summary:
| | Weekly :  | | Daily :  Move cursor over the icon to see details.
| | It was a third consecutive positive week for the F5 Networks (FFIV). During the week, the FFIV gained 5.67 points, or 3.98%, and closed at 148.20 on Friday, May 26, 2023. Weekly volume was 7% above average. FFIV is a member of Information Technology Sector. Information Technology is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See FFIV long-term trend chart] A long-term downtrend had started on December 29, 2021 at 249.00 and reached 127.05 on April 20, 2023. FFIV lost 121.95 points, or 48.98%, in 68 weeks. The price is now at the 17.34% retracement level.
Medium-term trend: [See FFIV medium-term trend chart] A medium-term downtrend had started on December 13, 2022 at 159.96 and reached 127.05 on April 20, 2023. FFIV lost 32.91 points, or 20.57%, in 18 weeks. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See FFIV weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 12, 2023. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See FFIV short-term trend chart] A short-term uptrend had started on April 20, 2023 at 127.05 and reached 148.93 on May 26, 2023. FFIV gained -21.88 points, or -17.22%, in 36 days. Price is near the trend high.
Daily Technical Indicators: [See FFIV daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Daily Relative Strength Index, Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Relative Strength Index, Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index, Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is above its signal line since May 5, 2023. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
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