Should I buy bmbl today or not?

**Bumble's stock performance and market sentiment suggest caution.** Here's a detailed analysis to help you make an informed decision:

1. **Technical Indicators Suggest Caution**:
- The closing price of BMBL on August 14, 2024, was $5.81, which is below the 5-Day, 10-Day, and 20-Day moving averages of $5.85, $7.07, and $8.08, respectively. This indicates a bearish trend.
- The resistance level is at $6.08, and the support level is at $5.89. The stock is trading close to the support level, which could be a sign of potential downward pressure.
- The MACD is negative at -0.55, and the RSI is low at 23.01, both of which suggest that the stock may be oversold. However, these indicators alone do not provide a clear buy signal.

|Ticker|Name|Date|Closing Price|code|market_code|
|---|---|---|---|---|---|
|BMBL.O|Bumble|20240814|5.8|BMBL|185|

2. **Analyst Ratings and Price Targets**:
- The average 12-month price target from analysts is $7.88, with a high of $14.00 and a low of $5.50. This suggests a potential upside from the current price.
- However, recent price target adjustments have lowered expectations, with Deutsche Bank Aktiengesellschaft lowering its target to $7.00, and Morgan Stanley cutting it to $6.00.

|Ticker|Name|Date|Fibonacci Retracement (0.382)|code|market_code|
|---|---|---|---|---|---|
|BMBL.O|Bumble|20221230-20231229|18.26066|BMBL|185|

3. **Market Sentiment and Legal Issues**:
- The stock has faced a downgrade in ratings and reduced price targets from various analysts, which could reflect concerns about the company's future performance.
- There are investigations into potential securities law violations, which could lead to legal challenges and uncertainty.
4. **Financial Ratios**:
- The P/E ratio is 17.74, which is relatively high, indicating that the stock may be overvalued compared to earnings.
- The P/B ratio is 0.44, and the P/S ratio is 0.71, both of which are low, suggesting that the stock may be undervalued based on these metrics.

|Ticker|Name|Date|P/E(TTM)|P/S|Price to Book Ratio|code|market_code|
|---|---|---|---|---|---|---|---|
|BMBL.O|Bumble|20240813|17.739347|0.7053704880590614||BMBL|185|
|BMBL.O|Bumble|20240814|||0.4448|BMBL|185|

5. **Fibonacci Retracement**:
- The 0.382 Fibonacci Retracement is $18.26, and the 0.618 Fibonacci Retracement is $21.95. These levels are significantly higher than the current price, indicating a substantial potential upside if the stock were to reach these levels.

|Ticker|Name|Date|Fibonacci Retracement (0.382)|code|market_code|
|---|---|---|---|---|---|
|BMBL.O|Bumble|20221230-20231229|18.26066|BMBL|185|

In conclusion, while there is a potential upside based on the average price target and Fibonacci Retracement levels, the current technical indicators and market sentiment suggest caution. The legal investigations and analyst downgrades add to the uncertainty. Therefore, it is advisable to carefully consider these factors before making a decision to buy BMBL stock today.