Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
FuboTV (NYSE:FUBO) got off to a hot start at the beginning of 2021, but has since fallen off a bit. Nonetheless, sentiment appears to remain positive when it comes to FUBO stock. Source: monticello / Shutterstock.com The sports TV streaming subscription service just reported very strong growth for the third quarter 2021. It now is near 1 million subscribers, up from just 286,000 in Q2 of last year. In other words, the company’s base subscriber level has almost quadrupled in a little more than on
The company is gaining traction with consumers, and growing revenue and subscribers at a rapid rate. Let's look at fuboTV's Q3 earnings and see if the dip is a buying opportunity. Revenue growth was an impressive 156% for fuboTV's third quarter.
Instead, the issues arise from fuboTV's profit margins -- or lack thereof. It's losing money at a rapid rate and keeps raising capital that is diluting shareholders. Let's look closer at two reasons the market is concerned about fuboTV.
Don't let the recent analyst naysaying distract you from what makes this company unique from any cable competitor.
In their specific realms, Snowflake and fuboTV each have differentiators that give them a real edge.
Shares of fuboTV (NYSE: FUBO) and Latch (NASDAQ: LTCH) are among the higher volatility stocks in the market, but that does not mean they are not worth investing in. With two co-founders leading the way, fuboTV's trying to become the next generation of live TV. Although Sportsbook is currently only operational in Iowa, fubo does have sports betting licenses in four other states with New Jersey being one of those included.
The announcement reveals fuboTV is growing revenue rapidly as consumers increasingly prefer the convenient service. Let's take a closer look at fuboTV's impressive sales figures and discern why the market did not like what it saw. Streaming service fuboTV reported revenue of $156.7 million in its fiscal third quarter ended Sept. 30.