Friendfinder Networks Inc. ($FFN) - Overbought - views

Friendfinder Networks Inc. has hit a technical signal on 3 different technical indicators. FFN is in the sector. The technical signals indicate that the stock is Overbought right now. The 3 indicators: Commodity Channel Index, Relative Strength Index and the Fast Stochastics were all triggered based on the last closing price of $2.25 on Feb 13.

There are currently no analysts that cover the company.

Over the last 52 weeks, the stock has been trading between $0.51 and $7.20. More recently in the last 4 weeks, the stock has been trading between $0.62 and $2.54. Yesterday the stock traded between $2.12 and $2.39. The stock currently has a PE ratio of 0.0.

Friendfinder Networks Inc. is trading 79.4% from its 20-day simple moving average (SMA) of $1.25 and 142.4% from its 50-day SMA and -9.87% from its 200-day SMA. Average daily volume over the last 30 days has been 1,352,105 shares.

At yesterdays close: the RSI was at 80.5, the CCI was at 165.0 and the Fast Stochastic was at 84.9. FFN closed yesterday at $2.25, on volume of 788,923 shares as compared to an average volume of 1,352,105 over the last 4 weeks.

FriendFinder Networks Inc., an Internet and technology company, provides services in the social networking and Web-based video sharing markets. It involves in creating and operating technology platforms, which run various heavily visited Websites in the world, including AdultFriendFinder.com, Amigos.com, AsiaFriendFinder.com, Cams.com, FriendFinder.com, BigChurch.com, and SeniorFriendFinder.com. The company operates in two segments, Internet and Entertainment. The Internet segment offers services and features that include social networking, online personals, premium content, live interactive video, recorded video, online chatrooms, instant messaging, photo, video and voice sharing, blogs, message boards, and free e-mail. The Entertainment segment produces and distributes original pictorial and video content; licenses the Penthouse brand to various consumer product companies and entertainment venues; and publishes branded men's lifestyle magazines and books. FriendFinder Networks Inc. serves visitors, registrants, members, subscribers, and paid users. The company was formerly known as Penthouse Media Group Inc. and changed its name to FriendFinder Networks Inc. in July 2008. FriendFinder Networks Inc. was founded in 1965 and is headquartered in Boca Raton, Florida.

Technical Indicators should be used as the starting point for further analysis. These indicators are provided as a guide to help you determine what assets to analyze. The technical indicators used in this article can indicate that an asset is either overbought or oversold, but that indication could be the result of a fundamental or other type of event like an earnings announcement.

To learn more about technical analysis, please refer to our technical analysis primer.