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 67.95, which indicates the strength of buyers.
MACD line has crossed the signal line from the below, generates bullish signal.
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 stock trading advice in Saudi Arabia, Fox Corporation stock price target will be USD 53 - USD 54 in the next 14-15 trading sessions.
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