FN NEWS why is Fabrinet price falling or rising

FN NEWS reasons for why stock price of Fabrinet is falling or rising

FN Fabrinet is falling or rising technical reasons

Technical analysis forecast for Fabrinet Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Fabrinet FN at this time. Stock is falling and might fall more.

It appears as if Fabrinet FN gave a large move recently.

Stock of Fabrinet (FN) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Fabrinet is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 218.9 as stoploss in an intra day buy trade for a target of 228.76. However, stock will show a bearish move below 218.9.

FN Fabrinet is falling or rising NEWS fundamental reasons

No impact of Swiss withdrawal of MFN status to India: Nestle India Nestle India has clarified that Switzerland's suspension of the Most Favored Nation clause under their tax treaty won't affect the company. The FMCG giant stated the issue is a broader policy matter between the two countries and not specific to Nestle. The - NEWS as on 2024-12-19 indiatimes.com

More announcements and NEWS

FN Fabrinet current price & indicator signals

Moving Averages for Fabrinet

  • 5Day Average: 219.9
  • 12Day Average: 226.11
  • 20Day Average: 231.46
  • 50Day Average: 240.39
  • 100Day Average: 237.63
  • 150Day Average: 237.16
  • 200Day Average: 227.04

FN Indicators & signals

Indicator MACD (12,26,9)

224.7, 230.91, -4.86
Indicator MACD is in negative zone

Indicator ADX (14)

5.7, 21.27, 23.84
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FN Fabrinet are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
31 Tue Dec 2024 219.88 213.72 to 220.78 2.38% 0.92 times
30 Mon Dec 2024 214.76 212.31 to 217.26 -2.15% 0.42 times
27 Fri Dec 2024 219.47 215.64 to 221.43 -2.09% 0.53 times
26 Thu Dec 2024 224.15 218.70 to 225.08 1.32% 0.51 times
24 Tue Dec 2024 221.24 219.92 to 223.70 0.16% 0.42 times
23 Mon Dec 2024 220.89 219.78 to 227.20 -0.17% 0.86 times
20 Fri Dec 2024 221.26 215.90 to 226.43 -0.66% 2.13 times
19 Thu Dec 2024 222.74 222.42 to 238.44 -3.84% 1.19 times
18 Wed Dec 2024 231.63 227.57 to 244.41 -0.06% 1.64 times
17 Tue Dec 2024 231.76 229.48 to 240.47 -2.47% 0.96 times
16 Mon Dec 2024 237.63 234.71 to 247.09 -4.13% 1.33 times
13 Fri Dec 2024 247.86 245.38 to 256.24 0.83% 0.73 times

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