AFFIRM HOLDINGS INC (AFRM) Stock Technical Analysis
NASDAQ:AFRM - Nasdaq - US00827B1061 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to AFRM. In the past year, AFRM was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
In the last month AFRM has a been trading in the 45.54 - 58.14 range, which is quite wide. It is currently trading near the lows of this range.
AFRM is part of the Financial Services industry. There are 101 other stocks in this industry. AFRM outperforms 89% of them.
AFRM has an average volume of 9047580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, AFRM did better than 88% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
AFRM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AFRM is lagging the market slightly.
AFRM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 46.40, a Stop Loss order could be placed below this zone.
More info and screens
33.89
57.13
When analyzing the support we can see 3 important areas.
- A support zone ranging from 46.40 to 46.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.87 from a trend line in the weekly time frame.
- Support @34.23 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 50.39 to 51.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.58 from a horizontal line in the weekly time frame.
- Resistance @53.70 from a trend line in the daily time frame.
- Resistance @56.56 from a horizontal 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 | NEUTRAL | NEUTRAL | The short term trend for AFRM is neutral. |
| ChartMill Relative Strength | 88.23 | POSITIVE | AFRM has a high relative strength, it outperformed 88.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AFRM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AFRM is above the rising 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) | 49.18 | NEUTRAL | The RSI value for AFRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.53 | NEGATIVE | The MACD value suggests AFRM has a negative trend. |
| Stochastics (14,3) | 23.52 | NEUTRAL | The Stochastics value for AFRM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for AFRM suggests high volalility. |
| Average Directional Index/ADX (14) | 12.84 | NEGATIVE | The low ADX value for AFRM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
49.3
+0.33 (+0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.67%
1 Week-6.22%
2 Weeks6.23%
1 Month0.43%
3 Month-28.08%
6 Month-25.92%
12 Month64.17%
2 Year231.76%
3 Year72.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.65
ATR(20)%6.92%
ATR Inc-22.59%
Range Today3.11
ADR(20)2.81
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.23
Mansfield0.32
10 Day High58.14
10 Day Low46.71
20 Day High58.14
20 Day Low45.54
52 Week High82.53
52 Week Low22.25
CS1 End46.4
CR1 Start50.39
Volume & EV
DER(3)-0.22%
DER(5)0.12%
Volume6.82M
Volume Incr-37.92%
Vol(5)5.89M
Vol(50)9.05M