Foley Trasimene Acquisition Corp II Cl A (BFT) Technical Analysis
NYSE:BFT
Current stock price
BFT Technical Rating and Analysis
Overall BFT gets a technical rating of 3 out of 10. BFT was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
- When comparing the yearly performance of all stocks, BFT is a bad performer in the overall market: 100% of all stocks are doing better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- BFT has an average volume of 8007040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- BFT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BFT is lagging the market.
- In the last month BFT has a been trading in the 12.50 - 17.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
BFT Weekly and Daily overview Charts
BFT Setup Rating and Analysis
BFT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
BFT Support and Resistance Analysis
13.80
When analyzing the support we can see 2 important areas.
- Support @14.54 from a horizontal line in the weekly time frame.
- Support @13.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.24 to 15.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.91 from a trend line in the daily time frame.
- Resistance @16.62 from a horizontal line in the daily time frame.
BFT Technical Indicator Signal Analysis
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 BFT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BFT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | BFT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BFT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BFT is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 46.69 | NEUTRAL | The RSI value for BFT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests BFT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.62 | NEUTRAL | The Stochastics value for BFT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.15 | HIGH VOLATILITY | The high ATR as a percentage value for BFT suggests high volalility. |
BFT Chart- and CandleStick Pattern Analysis
BFT Technicals: Chart, Performance Metrics, Trend & Indicators
Foley Trasimene Acquisition Corp II Cl A
NYSE:BFT (3/30/2021, 8:04:01 PM)
After market: 15.38 +0.28 (+1.85%)15.1
-0.29 (-1.88%)
Foley Trasimene Acquisition Corp II Cl A / BFT TA FAQ
What is the ChartMill technical rating of Foley Trasimene Acquisition Corp II Cl A (BFT) stock?
ChartMill assigns a technical rating of 3 / 10 to BFT.
Can you provide the trend direction for Foley Trasimene Acquisition Corp II Cl A?
The current trend direction for Foley Trasimene Acquisition Corp II Cl A (BFT) is Bullish.
Can you provide the RSI signal for Foley Trasimene Acquisition Corp II Cl A?
Foley Trasimene Acquisition Corp II Cl A (BFT) has an RSI value of 46.6938. This indicates that the stock is currently neutral.
What is the short term momentum for Foley Trasimene Acquisition Corp II Cl A (BFT) stock?
The short term momentum for Foley Trasimene Acquisition Corp II Cl A (BFT) is neutral.