NASDAQ:FAAS - Nasdaq - KYG276171025 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to FAAS. FAAS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, FAAS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.47, a Stop Loss order could be placed below this zone.
0.47
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The long term trend for FAAS is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAAS is down. |
ChartMill Relative Strength | 41.01 | NEUTRAL | FAAS is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAAS is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of FAAS is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAAS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 45.99 | NEUTRAL | The RSI value for FAAS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FAAS has a positive trend. |
Stochastics (14,3) | 25.61 | NEUTRAL | The Stochastics value for FAAS is a neutral value. |
Average True Range in percent/ATR (20) | 14.72 | HIGH VOLATILITY | The high ATR as a percentage value for FAAS suggests high volalility. |
Average Directional Index/ADX (14) | 27.2 | POSITIVE | The high ADX value value for FAAS suggests a strong trend. |
0.4848
-0.01 (-2.85%)