AFFIRM HOLDINGS INC (AFRM) Stock Technical Analysis
NASDAQ:AFRM - Nasdaq - US00827B1061 - Common Stock - Currency: USD
Taking everything into account, AFRM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AFRM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AFRM did better than 95% of all other stocks.
AFRM is part of the Financial Services industry. There are 99 other stocks in this industry. AFRM outperforms 95% of them.
AFRM has an average volume of 8417280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
In the last month AFRM has a been trading in the 46.70 - 65.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although AFRM has an excellent technical rating, it does not present a decent entry opportunity 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
34.53
64.15
When analyzing the support we can see 4 important areas.
- A support zone ranging from 58.28 to 59.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 52.84 to 52.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.78 from a trend line in the weekly time frame.
- Support @34.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @59.12 from a horizontal line in the weekly time frame.
- Resistance @63.51 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 | UP | POSITIVE | The long term trend for AFRM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AFRM is up. |
| ChartMill Relative Strength | 95.07 | POSITIVE | AFRM has a high relative strength, it outperformed 95.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AFRM is above 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 | POSITIVE | The current price of AFRM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.25 | NEUTRAL | The RSI value for AFRM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests AFRM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.04 | NEUTRAL | The Stochastics value for AFRM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for AFRM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.22 | NEUTRAL | The ADX value for AFRM suggests a possible start of a new 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)
59.11
-1.94 (-3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-3.18%
1 Week0.32%
2 Weeks13.89%
1 Month14.22%
3 Month18.03%
6 Month-16.39%
12 Month91.29%
2 Year285.58%
3 Year227.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.58
ATR(20)%4.28%
ATR Inc-0.33%
Range Today2.23
ADR(20)2.27
ADR(20)%3.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.07
Mansfield1.68
10 Day High65.49
10 Day Low50.58
20 Day High65.49
20 Day Low46.71
52 Week High82.53
52 Week Low22.25
CS1 End59.1
CR1 Start59.12
Volume & EV
DER(3)0.64%
DER(5)0.18%
Volume6.53M
Volume Incr-16.69%
Vol(5)7.10M
Vol(50)8.42M