Taking everything into account, AFRM scores 0 out of 10 in our technical rating. AFRM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 86% of all other stocks performed better in the past year than AFRM.
- AFRM is one of the lesser performing stocks in the Financial Services industry. 77% of 97 stocks in the same industry do better.
- In the last month AFRM has a been trading in the 55.33 - 84.65 range, which is quite wide. It is currently trading near the lows of this range.
- AFRM has an average volume of 5597010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- AFRM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AFRM is lagging the market.
- Volume is considerably higher in the last couple of days.
The technical rating of AFRM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
48.60
When analyzing the support we notice one important area.
- Support @49.09 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @79.20 from a trend line in the weekly time frame.
- Resistance @80.49 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for AFRM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AFRM is down. |
| ChartMill Relative Strength | 14.28 | NEGATIVE | AFRM has a low relative strength, it was outperformed by 85.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AFRM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AFRM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of AFRM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.67 | OVERSOLD | The low RSI value suggests AFRM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.28 | NEGATIVE | The MACD value suggests AFRM has a negative trend. |
| Stochastics (14,3) | 11.75 | OVERSOLD | The low Stochastics value suggests AFRM may be oversold. |
| Average True Range in percent/ATR (20) | 7.2 | HIGH VOLATILITY | The high ATR as a percentage value for AFRM suggests high volalility. |
| Average Directional Index/ADX (14) | 28.25 | POSITIVE | The high ADX value value for AFRM suggests a strong trend. |
57.03
-2.39 (-4.02%)
AFFIRM HOLDINGS INC / AFRM FAQ
What is the ChartMill technical rating of AFFIRM HOLDINGS INC (AFRM) stock?
ChartMill assigns a technical rating of 0 / 10 to AFRM.
Can you provide the trend direction for AFFIRM HOLDINGS INC?
The current trend direction for AFFIRM HOLDINGS INC (AFRM) is Bearish.
What is the RSI signal for AFFIRM HOLDINGS INC (AFRM) stock?
AFFIRM HOLDINGS INC (AFRM) has an RSI value of 27.6728. This indicates that the stock is currently oversold.
Can you provide the short term momentum for AFFIRM HOLDINGS INC?
The short term momentum for AFFIRM HOLDINGS INC (AFRM) is negative.