Here is my chart for FNKO very Bullish on this stock!
What is Funko? is a pop culture consumer products company. It offers figures, plush, apparel, toys, vinyl, bags, wallets, homewares and accessories.
This could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
Current Quarter Estimates For FNKO
In the past 30 days, four estimates have gone higher for Funko while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 2 cents a share 30 days ago, to earnings of 9 cents today.
The stock rallied Tuesday as traders circulated a story from Toy News International titled “Funko Looking To Cash In on the NFT Craze.”
Analysts BMO upgraded Funko from a under perform to a Market perform with a price of $16 (2021/03/17)
Analyst JPMorgon Chase upgraded Funko from a underweight to a neutral with a price of $20 (2021/03/15
Analyst Piper Sandler Raised the target with a price of $15 > $22 (2021/03/12)
Short-Term: The 5-minute chart above shows the stock is trading between key levels of $17.75 and the high of the day at $21.17
The daily chart shown above displays three potential key levels for the stock.
The price level near $20 has shown resistance previously and may potentially show resistance again in the future.
This could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
Current Quarter Estimates For FNKO
In the past 30 days, four estimates have gone higher for Funko while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 2 cents a share 30 days ago, to earnings of 9 cents today.
The stock rallied Tuesday as traders circulated a story from Toy News International titled “Funko Looking To Cash In on the NFT Craze.”
Analysts BMO upgraded Funko from a under perform to a Market perform with a price of $16 (2021/03/17)
Analyst JPMorgon Chase upgraded Funko from a underweight to a neutral with a price of $20 (2021/03/15
Analyst Piper Sandler Raised the target with a price of $15 > $22 (2021/03/12)
Short-Term: The 5-minute chart above shows the stock is trading between key levels of $17.75 and the high of the day at $21.17
The daily chart shown above displays three potential key levels for the stock.
The price level near $20 has shown resistance previously and may potentially show resistance again in the future.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.