Stock Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
Fitbit, Inc (NYSE:FIT)
Weak Downtrend (-65) - FIT is showing signs of a strengthening downtrend. Monitor FIT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid FIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for FIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FIT
The long-term trend has been UP since Apr 14th, 2020 at 6.79
The intermediate-term trend has been DOWN since May 11th, 2020 at 6.65
The short-term trend has been DOWN since May 29th, 2020 at 6.40
Smart Scan Analysis for FIT
Based on our trend formula, FIT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||7.79||Year High Date||2018-06-12|
|Year Low||4.23||Year Low Date||2018-10-29|
|52wk High||7.26||52wk High Date||2019-11-01|
|52wk Low||2.81||52wk Low Date||2019-08-28|
|Average Volume||9,910,218||Shares Outstanding||265,275|