Symbols

What price is a good price to buy fubo today for short term trade

6/5/2025 03:13pm

Aime

The deep research logic is organized as follows: 

Okay, let's tackle this question about FUBO's short-term buy price. The user is interested in technical analysis and wants a good entry point today. First, I need to check the latest data from the references provided.

Looking at the closing price on 2025-06-05, FUBO closed at $3.5598 . The last price is $3.57 with a slight drop of 0.48%. The user is looking for a short-term trade, so I should focus on recent technical indicators.

The MACD is 0.06, KDJ at 52.63, RSI at 58.52, and Bollinger Band at 3.27 . The MACD is positive but close to zero, indicating a possible bullish signal. The RSI is around 58, which is neutral but leaning towards overbought if it goes above 60. The KDJ is also in the middle, suggesting no strong trend. The Bollinger Band shows the price is near the lower band, which might indicate support.

Moving averages: The 5-day MA is $3.57, same as the last price, 10-day at $3.53, and 20-day at $3.27 . The price is above the 5-day and 10-day MAs, which is bullish. The 20-day MA is lower, so a break above that could be a confirmation.

Fibonacci retracement levels: The 0.618 level is $4.41, and the 0.382 is $3.14 . The current price is above the 0.382 level, which is a key support. If the price drops to $3.14, that could be a strong buy point. However, the user wants to buy today, so maybe looking for a pullback to the 0.382 level or the 20-day MA.

The average price target from analysts is $4.8 , which is higher than the current price. Some analysts have higher targets like $5.00, suggesting upside potential. The stock has outperformed the S&P 500 significantly , which is a positive sign.

Institutional ownership shows some activity, with some increasing and others decreasing stakes . This mixed activity might indicate uncertainty, but the overall ownership is around 39.31%, which is moderate.

The trading volume over the last five days shows a decrease, with the highest volume on 2025-05-29 at 21.26 million shares . Lower volume might mean less liquidity, but the price action is still within a tight range.

Options activity shows high implied volatility for some strikes, but the main focus is on the current price and support levels. The user's interest in technical analysis aligns with looking at these indicators.

Putting it all together, the key support levels are the 0.382 Fibonacci at $3.14 and the 20-day MA at $3.27. The price is currently around $3.57, which is above these levels. If the price pulls back to $3.27 or $3.14, that could be a good entry point. Alternatively, waiting for a breakout above the 20-day MA or the 0.618 Fibonacci level at $4.41 could be another strategy. The user should consider these levels and the recent performance against the S&P 500 to make an informed decision.

🎯 Conclusion

FUBO presents a short-term trading opportunity with key support levels at $3.14 (0.382 Fibonacci retracement) and $3.27 (20-day moving average). A pullback to these levels could offer a high-probability entry point for a bullish trade, given the stock’s relative strength and positive technical setup.

📊 Analysis

1. Current Price & Key Levels

Last Closing Price: $3.56
Key Support Levels:
- 0.382 Fibonacci Retracement: $3.14
- 20-Day Moving Average: $3.27
Key Resistance Levels:
- 0.618 Fibonacci Retracement: $4.41
- 5-Day Moving Average: $3.57

2. Technical Indicators

Metric	Value	Implication
MACD	0.06	Bullish signal (positive divergence)
RSI	58.52	Neutral (closer to overbought at 60)
KDJ	52.63	Neutral (no strong trend signal)
Bollinger Band	3.27	Price near lower band (potential breakout)

3. Market Context

Relative Strength: FUBO outperformed the S&P 500 by 182.52% YTD .
Analyst Targets: Average price target of $4.8 (upside potential: +35%) .
Institutional Activity: Mixed signals (some buying, some selling) .

4. Risk/Reward Setup

Entry Point: $3.14–$3.27 (support levels).
Stop Loss: Below $3.14 (break of Fibonacci support).
Profit Target: $4.41 (0.618 Fibonacci resistance).

📊 Conclusion

For a short-term trade, $3.14–$3.27 is the ideal price range to enter a bullish position in FUBO. The stock’s technical setup and relative strength suggest high upside potential, with $4.41 as the primary target.