Million

Resistance

Simply

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>FUBO stock price decreased by 19.94% over the past week.</a> </li> 
 <li> <span>2</span> <a>FuboTV Inc. ( NYSE: FUBO) stock’s 52-week price range is $1.03 – $3.87.</a> </li> 
</ul> 
<p>FuboTV experienced a decline in its earnings at a rate of 39.6% per year on average, according to a financial website called Simply Wall St. The Interactive Media and services industry’s average annual earnings growth is 5.3%. Therefore, FUBO earnings are much lower than the industry average.</p> 
<p>FuboTV has a debt-to-equity ratio of 98.3%, as reported by Simply Wall St. This implies that it has slightly less debt than equity, which is the difference between its total assets of $1.24 Billion and total liabilities of $830.14 Million. FuboTV’s debt is $403.06 Million, while its equity is $410.11 Million.</p> 
<p>The market capitalization of FuboTV stock is $773.403 Million and the total revenue is $1.009 Billion. Moreover, the stock’s basic EPS is -1.85 and the price-to-earnings ratio is -2.3. The average volume is 23.815 Million and the current volume is 23.8 Million where the current volume is below average volume.</p> 
<p>Moreover, FuboTV stock has done well in the last month increasing by 31.84%, and has increased by 4.33% in the last six months. FuboTV Inc. (NYSE: FUBO) stock has a positive year-to-date return of 49.72% and a negative one-year return of 25.98%.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-fubotv-stock-stock-price-in-1-d-timeframe-strong"><strong>Technical Analysis of FuboTV Stock Stock Price in 1-D Timeframe</strong></h2> 
<p>The price action shows that FuboTV Inc’s ( NYSE: FUBO) stock price has been on an inclining trend for the last three months, increasing by 24.41% making higher highs and higher lows, and rising. At the time of writing, FUBO stock faced resistance from the last couple of days at around $3.86 and fell drastically breaking in between supports and trading around $2.43.&nbsp;</p> 
<p>Therefore, if the FUBO price fails to sustain the current level and drops, it might hit the nearest support levels of $2.43 and $1.49.</p> 
<p>However, if it maintains the current level, the FUBO price could continue to move upward and reach the first and second resistances of $3.86 and $4.34.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/hyJ9H1DlzuNRSIUf-fpENSGZu7UmwxuTrvtM-O3evFLu4U_0Lv_UOKxH3PY4kM1BVGEhjZ6yNggNPMOEUuqJGKP_N-KZ-kU0uy6l9OjADSaUPsZ2_M7SujTCB8NqetAXCuzYFxSiRIIDdTjhIatvCEE" alt="FuboTV Stock Price Prediction: Can FUBO Stock Surpass $5 Mark?"> 
  <figcaption class="wp-element-caption">
    Source: FUBO.1D.NYSE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>At the time of publishing, <a href="https://www.thecoinrepublic.com/2023/01/16/fubo-stock-closed-with-an-over-4-rise-yesterday/" target="_blank" rel="noopener noreferrer nofollow">FuboTV Inc. (NYSE: FUBO) </a>is trading below the 20-day EMA (exponential moving average), which is rejecting the FUBO price trend. However, 50-day EMA is supporting the trend if more selling volume adds up then the price might conquer supporting EMA’s by making lower highs and lows. Hence, the FUBO price is expected to move downwards showing bearish views over the daily time frame chart.<br></p> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh3.googleusercontent.com/r5pyQTT1Yw0qfh54aijNKe5Z7oNfmfXEg36drzyv_HfI5O_Dqc0T9T5LTlffPrKc-OtXK34LwwDYMZ2ZEX540XdH32oQC2vP7fVtvhyF2KZLh_Xoza0kDNct6fSNcxHaVJFh4_cTo32J60wWIz4L8M8" alt="FuboTV Stock Price Prediction: Can FUBO Stock Surpass $5 Mark?"> 
  <figcaption class="wp-element-caption">
    Source: FUBO.1D.NYSE by TradingView 
  </figcaption> 
 </figure> 
</div> 
<p>The current value of RSI is 48.89 points. The 14 SMA is above the median line at 57.29 points which indicates that FuboTV stock is bearish as the RSI took rejection from 14 SMA and below the neutral line indicating the price is headed for oversold territory.</p> 
<p>The MACD line at 0.1633 and signal line at 0.2100 are below the zero line and both lines have crossed each other. A bearish crossover is observed in the MACD oscillator which might signal more bearishness for the FuboTV stock price.</p> 
<h4 class="wp-block-heading"><strong>Summary</strong></h4> 
<p>FuboTV Inc. (NYSE: FUBO) indicates that the investors and traders of the stock price are bearish on the 1-D time frame. The price action reflects a bearish outlook at the time of publishing. The technical analysis tools of the FuboTV stock price also support the bearish trend. The MACD, RSI, and EMA highlight negative signals and imply that the downtrend may continue in <a href="https://www.thecoinrepublic.com/2023/01/16/fubo-stock-closed-with-an-over-4-rise-yesterday/" target="_blank" rel="noopener noreferrer nofollow">FuboTV’s stock price.</a></p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support levels</strong>: The nearest support levels for FuboTV’s stock price are $2.43 and $1.49.</li> 
 <li><strong>Resistance levels:</strong> The nearest resistance levels for FuboTV stock price are $3.86 and $4.34.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

FuboTV Stock Price Prediction: Can FUBO Stock Surpass $5 Mark?

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