eBay stock: buy or sell
Apr 22nd, 2021
eBay stock brief
- EBay only changed a -0.02% after hitting new all-time highs last Monday
- The stock is configuring an uptrend pattern since November 2020, when it bottomed at $45.08. Up to date, shares made a 37.05% gain since the beginning of this rally
- EBay Inc. operates marketplace platforms that connect buyers and sellers worldwide. The company's Marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps.
Should I buy eBay stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $EBAY stock a buy?
In the current situation of eBay there is not any eligible buy setup. This doesn't mean we expect a selloff for $EBAY in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell eBay stock?
Knowing when to sell a stock is even more difficult than knowing when to buy it. Trading strategies give us the ability us to avoid impetuous decisions based on our personal moods or the noise that surrounds the market. Our trading system selects very simple setups to guide us on when is the best moment to sell a stock. Be aware that these setups should not be used for selling short eBay stock
As a golden rule, you should never hold an investment that produces higher than expected losses upon the buy. When to sell your stock should always be determined by the stop-loss (automatic or manual)
Is it time to sell eBay stock?
In the current situation of eBay there is not any eligible sell setup, so eBay stock holders with operations in profit can keep their positions
In the last 30 days, 3 ratings were published for eBay
|Mar 31st, 2021|
|Apr 6th, 2021|
|Apr 13th, 2021|
eBay stock analysis
Since in November 2020, eBay has been printing an uptrend that by now marked an amazing 37.05%. During this uptrend, the price provided some buy points on the breakouts. Latest pullback was in early March, when price bounced at $51.51. Like in all uptrends, price needs to take breath and currently price is consolidating the gains in a range between $65.11 and $51.51
$EBAY at Highs
Last Monday, eBay marked new all-time highs (ATH) again at $65.11
Supports and resistances
The current resistance levels are:
The current supports are:
Relative strength index
The has been between the the levels of 30 and 70 for several weeks, and therefore, without this indicator really serving to help us make any decisions.
eBay stock price history
EBay started trading on Sep 24th, 1998 at $0.91 per share1. Since then, EBAY stock has risen by 6,689.01%, with an average of 304.05% per year. An investment of $1,000USD on Sep 1998 would be valued $67,890.11 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for eBay stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis forecasting how a stock will performance in the future.
Along with buy or sell recommendations, financial institutions release their price estimates based on the stock price action and the company fundamental data. Most of these predictions follow the release of new fundamental data by the company, and many times. If you are a small trader you must not buy or sell based on these predictions.
Averaging all price targets exposed below, the forecasted price for eBay stock is $65.00. That is a 5.21% than the last price ($61.78).
|Brokerage firm||Price target|
|Mar 31st, 2021|
|Wolfe Research||Not available|
|Apr 6th, 2021|
|Apr 13th, 2021|
Earnings and financials
EBay Inc. ($EBAY) released earnings of $0.86 per share last February, slightly uplifting the Market consensus estimate of $0.83 per share. This quarterly report represents an earnings surprise of 3.61%. Company's sales was $2.9 billion in contrast to $2.7 billion forecasted by market consensus.This compares to Earnings of $0.81 per share same quarter last year, so current EPS means an increase of 6.17%. Looking at turnover, figures barely moved compared to $28.2B same quarter last year.
EBay ($EBAY) is hosting the earnings call next Wednesday. Wall Street analysts estimate of $1.07, that is a 24.42% higher than previous quarter.
Important note:The viewpoints published in this post are personal and not recommendations for you to buy or sell stocks. The author of this paper does not know the particular positions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for general educational purposes only
|Wednesday, April 21st, 2021|
|Day range||$60.88 - $61.87|
|Average true range||$1.88|
|50d mov avg||$59.99|
|100d mov avg||$56.74|
|200d mov avg||$54.95|
|Earnings date||April 28th, 2021|