- Naranj Research Desk
FOX — NASDAQ —
Current RSI of this stock is 71.23, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our short term trading ideas in USA stocks, Fox Corporation stock price target will be USD 39 - USD 39.5 in the next 14-15 trading sessions.
Fox Corp. specializes in television production and broadcasting services, offering news through its various brands, including FOX News Media, FOX Sports, FOX Entertainment, and FOX Television Stations, as well as Tubi Media Group. The company operates in several segments: Cable Network Programming, Television, and Other and Corporate. The Cable Network Programming segment involves the creation and licensing of news and sports content, primarily distributed via traditional cable systems, direct broadcast satellite providers, telecommunications companies, and online multi-channel video distributors. The Television segment is dedicated to acquiring, marketing, and distributing broadcast network programming. Meanwhile, the Other and Corporate segment encompasses the FOX Studio Lot, Credible Labs Inc., corporate overhead expenses, and intracompany eliminations. Founded by Keith Rupert Murdoch on May 3, 2018, Fox Corp. is based in New York, NY.
FOX — NASDAQ —
Current RSI of this stock is 71.23, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our short term trading ideas in USA stocks, Fox Corporation stock price target will be USD 39 - USD 39.5 in the next 14-15 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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