Fiverr International Ltd (FVRR): Price Now Near $253.81; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for FVRR

At the time of this writing, FVRR (Get Ratings)’s price is up $1.58 (0.63%) from the hour prior. The hourly chart shows that FVRR has seen 3 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. Of note is that the 200 hour changed directions on FVRR; it is now pointing up. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Business Services stocks, FVRR ranks 11th in regards to today’s price percentage change.

FVRR’s Technical Outlook on the Daily Chart

At the time of this writing, FVRR’s price is up $8.24 (3.37%) from the day prior. FVRR has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. Of note is that the 20 day changed directions on FVRR; it is now pointing up. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows FVRR’s price action over the past 90 days.

FVRR

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FVRR: Daily RSI Analysis

  • For FVRR, its RSI is now at 100.
  • FVRR and RSI may be exhibiting divergent trends. This may be something to monitor.

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