FIGS Stock Today: December 27 — Profit-Taking Cools Recent Rally
FIGS stock today is drawing attention as profit taking cools a sharp multi-week rally. For FIGS, the FIGS stock price sits near recent highs, so short-term traders in Canada are reassessing market momentum into year-end. The stock trades in USD on the NYSE, which matters for CAD returns. Below, we cover today’s pullback, key technical levels, valuation context, and practical steps Canadians can use to manage risk around this momentum name.
Why shares pulled back today
FIGS slipped about 3.7% intraday as traders banked gains after a big climb. The FIGS stock price hovered around 11.87 USD, within a tight 11.81 to 11.91 range, and just below the 52-week high of 12.348. With 1M up 27.97% and 1Y up 85.89%, booking profits near highs is common, especially into year-end.
Turnover reached 544,214 shares versus a 2,312,641 average, pointing to a softer tape. Several signals flagged overbought conditions: RSI 71.84, Stochastic %K 88.99, and MFI 82.09. MACD histogram turned slightly negative at -0.02 while ADX at 51.83 still shows a strong trend. This mix supports a pause without yet breaking the broader uptrend. See recent momentum coverage that included Figs here.
Trend and key levels to watch
Price holds above the 50-day at 9.657 USD and the 200-day at 6.6312 USD, a classic bullish setup. Bollinger Bands show the middle band near 11.18 and the upper band at 12.84. Keltner channels center on 11.17. FIGS stock today remains in an established uptrend, though momentum is stretched and may consolidate.
Short-term support sits around 11.17 to 11.20, aligning with Bollinger and Keltner midlines. Initial resistance is 12.00 to 12.35, then the Bollinger upper at 12.84. Average True Range is 0.46, implying typical daily swings of roughly 4% relative to price. Traders can size positions or stops using ATR while watching volume for confirmation.
Valuation, quality, and Street stance
At about 11.87 USD, FIGS trades near 109.8x TTM earnings and 3.33x TTM sales, with gross margin near 68%, operating margin 4.86%, and net margin 3.03%. Inventory days sit around 297, reflecting slower turns for apparel. FIGS stock today prices in growth expectations, so execution on profitable growth will matter.
Leverage looks low with debt-to-equity at 0.13 and a healthy current ratio of 4.82. No dividend is paid. Analysts show 3 Buys and 2 Holds, a consensus of Hold, with a 12.00 USD median target, high 15.00 and low 9.00. Our stock grade reads B with a HOLD suggestion, aligning with a disciplined stance for Canada-based investors.
Canada-focused takeaways and strategy
FIGS trades on the NYSE in USD, so Canadian investors should plan for FX conversion or use USD accounts to manage costs. There is no dividend, so withholding tax is not a factor. FIGS stock today can fit a momentum sleeve, but remember CAD-USD moves can amplify or reduce your actual return.
Data currently lists the next earnings date as Feb 26, 2026, which is subject to update. Beyond earnings, watch margins, inventory efficiency, and product cadence. Sentiment across momentum names can shift quickly, as seen in coverage of Lucid, a peer momentum watch, in Canada’s press here. Use price and volume to validate entries.
Final Thoughts
FIGS stock today cooled as profit taking met overbought readings, yet the uptrend remains intact above the 50-day and 200-day averages. For traders, the near-term playbook is straightforward: respect support near 11.17 to 11.20, watch 12.00 to 12.35 as resistance, and use ATR near 0.46 for position sizing and stops. A close back above 12 with rising volume would suggest momentum is reasserting. A fade toward the mid-band could offer a controlled entry. For Canadian investors, manage FX costs by using a USD side and avoid chasing extended moves. Valuation is rich, so demand improving margins to justify further upside. Stay patient, scale entries, and let price confirm direction.
FAQs
The stock eased about 3.7% intraday as traders locked in gains after a strong multi-week run. Overbought readings, like RSI near 72 and elevated Stochastic, signaled stretched conditions. Volume ran below average, suggesting a controlled pause rather than heavy liquidation, with the broader uptrend still intact above key moving averages.
Yes. Price sits above the 50-day at 9.657 USD and the 200-day at 6.6312 USD, with ADX around 52 showing a strong trend. Pullbacks toward the 11.17 to 11.20 mid-bands can be healthy consolidations within an uptrend. Confirmation comes from price holding support with firming volume.
Support is around 11.17 to 11.20, matching Bollinger and Keltner midlines. Initial resistance is 12.00 to 12.35, then 12.84 at the Bollinger upper band. ATR near 0.46 suggests typical daily swings of about 4%, useful for setting stop-losses and sizing positions.
Treat it as a momentum name with careful risk controls. Use a USD account to manage FX costs and avoid frequent conversions. Consider scaling in on dips toward support rather than chasing strength. Valuation is rich, so look for improving margins and healthy inventory trends before adding size.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
