uploads/2018/06/clock-865941_1920-1.jpg

Fossil Stock Has Risen 276% This Year

By

Updated

Fossil’s stock returns

Fossil (FOSL) stock has returned 204% in the last 12 months, 50% in the last month, and 2.4% in the last five days. It fell 29% in 2016 and 70% in 2017. Since the start of 2018, Fossil stock has risen significantly, by 276%. In comparison, consumer tech stocks Garmin (GRMN), Fitbit (FIT), and GoPro (GPRO) have returned 19%, 41%, and -19%, respectively, in the last 12 months.

Article continues below advertisement

Analysts’ recommendations and price targets

Of the 11 analysts tracking Fossil stock, one recommends “buy,” seven recommend “hold,” and three recommend “sell.” Their 12-month average price target for Fossil is $16.50, and their median estimate is $17. Fossil is trading at a premium of 42% to its median estimate, driven by its recent price increase.

Moving averages

On June 20, Fossil stock closed at $29.23. Based on that price, the stock is trading as follows:

  • 81% above its 100-day moving average of $16.11
  • 45% above its 50-day moving average of $20.10
  • 13% above its 20-day moving average of $25.89

Technical indicators

Fossil’s 14-day MACD (moving average convergence divergence) is 1.2. MACDs mark the difference between a stock’s short-term and long-term moving averages. The company’s positive MACD indicates an upward trading trend.

Fossil has a 14-day RSI (relative strength index) score of 78, which shows that the stock has entered overbought territory. An RSI score above 70 indicates a stock has been overbought, while an RSI score below 30 suggests it has been oversold.

Advertisement

More From Market Realist