eBay stock: buy or sell
Jun 22nd, 2021
eBay stock brief
- EBay stock rose 1.80% to close at $64.40 on the stock market on Monday.
- Price is drawing a scaled uptrend since November 2020 with higher tops and higher bottoms. This rally marked a 43.30% gain
- 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 $EBAY will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell eBay stock?
When you own a stock with some profit, it's really hard to decide the good moment to sell and get your profits. Like when we have to buy shares, determining when is appropiate to sell is not a random decision, and we must use our own trading strategy. When selling, as well as buying, detailed setups are very easy to use and are only applicable for selling shares you already own, not for shorting eBay stock
As a golden rule, you must never mantain a trading operation that leads to greater losses than those expected upon purchase. The moment to sell shares should always be determined by the stop-loss (automatic or manual)
Is it time to sell eBay stock?
Currently, eBay stock doesn't match any of our preferred sell setups, so if you own eBay shares and your operation is in profit probably is not time to sell now
In the last month we couldn't find any rating for eBay
eBay stock analysis
EBay shares started an uptrend in November 2020, and grew an amazing 43.30%. The price shows higher highs and higher troughs, and along the way provided some buying opportunities for those who wanted to trade in. Latest pullback was last April, when price bounced at $54.78. Now, the price swings in a consolidation between its last top ($67.42) and its last bottom ($54.78)
Supports and resistances
The current resistance levels are:
The current supports are:
Since the price surpassed the upper band on June 11, the price sliced by 4.48%
Relative strength index
The RSI dropped below the overbought level of 70 on June 14 after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Monday was 53.74. EBay shares collapsed a 4.07% since RSI lost the overbought zone
eBay stock price history
EBay started trading on Sep 24th, 1998 at $0.91 per share1. Since then, EBAY stock has risen by 6,976.92%, with an average of 317.13% per year. If you had invested $1,000USD in eBay stock on Sep 1998, it would be valued $70,769.23 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for eBay stock
Nobody knows how much a share will be priced tomorrow. Banks and financial organisations post their analysis predicting how a stock will performance in the future.
Along with buy or sell recommendations, brokerage institutions publish their price forecasts based on the stock price action and the company fundamental data. Most of these predictions follow the publication of new fundamental information by the company, and usually. If you are a small investor you must not trade based on these predictions.
We don't have any target price posted in the last 30 days for eBay.
Earnings and financials
EBay Inc. ($EBAY) published earnings of $1.09 per share last April, matching the analysts consensus estimate of $1.07 per share. Reported sales were $3.0 billion, aligned with the market estimates as well.Same quarter last year, reported EPS was $0.77, so current EPS is an increase of 41.56%. Sales exploded a 27.34% on an annualized basis in the , from $23.7B to $30.2B last quarter.
EBay ($EBAY) is releasing financial report late next July. Wall Street analysts estimate of $0.95, that is a 12.84% lower than Q1.
Important:The viewpoints contained in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not know the particular situations of the reader, his or her own finances 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 Thoughts are provided for informational purposes only
|Monday, June 21st, 2021|
|Day range||$63.36 - $64.97|
|Average true range||$1.76|
|50d mov avg||$61.84|
|100d mov avg||$60.49|
|200d mov avg||$55.97|
|Earnings date||July 27th, 2021|