FUBO Stock Price Prediction 2022

FUBO Stock Price Prediction 2022

FUBO Stock Price Prediction 2022

fubo stock

FUBO Stock Price Prediction 2022

FUBO stock price today is 28.50 USD with a volume of 3,338,678. At the same time, its chart fluctuates between 24.105 USD – 26.22 USD. FUBO stock price was a maximum of 62.29 USD and a minimum of 8.12 USD within 52 weeks.  Its average volume is 3.413B and it is ranked 16,007,970 in the MarketCap listings. The target point of FUBO stock price at the end of 1 year is 39.00 USD.

FUBO stock price rose 2.36% from $23.74 to $24.30 on the last trading day. During the day, the stock fluctuated 4.83% from a minimum of $23.61 to a maximum of $24.75. The price has been fluctuating up and down for this period and there has been an overall 19.12% increase over the last 2 weeks. Volume lost -7 million shares in the last day. In total, 10 million shares were traded for approximately $231.83 million. The upside for price and volume is generally not a good thing and could be an early warning for divergences in the next few days.

FUBO stock is on top of a very broad and downtrend in short-term environments. This can be a good selling opportunity for traders looking for short-term trading as a move to the lower end of the trend is expected. A breakout of $25.19 might signal a slower bearish rate first. however, it can also be the first sign of a trend change. Looking at the current position, the stock could drop by -34.38% in the next 3 months and at the end of this 3 month period it could be priced between $8.67 and $16.53.


fubo sports

FuboTV is an American broadcast television service that primarily distributes many live sports, including NFL, MLB, NBA, NHL, MLS and international football, but also focuses on news, network television series and movies.

FuboTV was launched on January 1, 2015 as a football streaming service. It evolved into an all-sports service and subsequently a virtual multi-channel video programming distributor (MVPD) model in 2017. FuboTV still calls itself a sports priority channel. However, the extended conduit array is aimed at cable cutters. It also offers services such as smart TVs, mobile devices and tablets, and major cable channels that can be streamed over the web, and OTT-sourced features. The service is available to users in the United States, Canada, and Spain as of 2018.

Various service options with many different lineups include the basic package with over 100 channels and add-on packages such as Extra, Sports Plus, Latino Plus and Português Plus.

The company announced that it closed 2020 with approximately 548,000 paid subscriptions, surpassing $100 million in quarterly revenue for the first time.

FUBO Stock Review

fubo tv

FUBO stock has both short-term and long-term buy signals that give a positive forecast for the stock. In addition, a general buy signal appears from the relationship between the two signals where short-term trades are above long-term trades. There might be some support near the $22.87 and $20.34 levels, with downside corrections. A break below any of these levels may give sell signals. It also has a buy signal at the 3-month Moving Average Convergence Divergence.

Despite the price increase in FUBO stock, there is a decrease in volume. The fact that volume and price do not move in parallel is an early warning signal. The stock should be followed for a while. Since some negative signals are also given, these signals can create some effects in the short term.

A sell signal was issued from the pivot apex on May 27, 2021. On top of that, a -5.12% drop has been observed so far. Further declines may occur until a new low pivot is published. Although FUBO stock has a few positive signals, they are not enough to make it a buy candidate. It should be watched a little more in its location.