Shareholder returns and stock trends
Let’s see what the technical indicators say about FireEye (FEYE) stock. Technical indicators help us make market entry and exit decisions. Let’s start with the company’s moving average.
On November 29, 2017, FireEye’s last trading price was $13.82. The stock was trading 7.0% below its 20-day moving average of $14.00 and 14.0% below its 50-day moving average as well as its 100-day moving average of $16.00.
On November 29, 2017, FireEye (FEYE) stock rose ~2.3% in the trailing 12-month period. In the trailing one-month period, it rose ~1.2%. It seems that after its recent sharp decline, FireEye stock has stabilized. It rose ~0.4% in the trailing five-day period.
In comparison, Cisco Systems (CSCO) and Symantec (SYMC) have generated returns of 4.4% and ~1.9%, respectively, in the trailing five-day period. Palo Alto Networks (PANW) generated a return of ~-3.0% in the same period.
FireEye’s MACD and RSI
A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. It is helpful in gauging the stock price’s movement trend.
FireEye’s 14-day MACD stood at -0.63. FireEye’s MACD is a negative figure, which indicates a downward trading trend.
RSI is a technical indicator that measures a stock’s momentum on a scale of 0–100. If an RSI is above 70, it indicates that a company’s stock has been overbought. An RSI figure below 30 suggests that a company’s stock has been oversold. With a 14-day RSI of 30, FireEye stock was neither in overbought or oversold territory.