Investors can use this prediction interface to forecast Facebook historic prices and determine the direction of Facebook future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Facebook historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Facebook systematic risks associated with finding meaningful patterns of Facebook fundamentals over time. Additionally see Historical Fundamental Analysis of Facebook to cross-verify your projections.
On May 16, 2019 Facebook had Day Typical Price of 186.873333. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
On May 17 2019 Facebook was traded for 185.30 at the closing time. The highest price during the trading period was 187.58 and the lowest recorded bid was listed for 184.28 . The volume for the day was 10.5 M. This history from May 17, 2019 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the current price is 1.29% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.