DIGIASIA CORP (FAAS) Stock Technical Analysis
NASDAQ:FAAS - Nasdaq - KYG276171025 - Common Stock - Currency: USD
Taking everything into account, FAAS scores 2 out of 10 in our technical rating. FAAS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FAAS is a bad performer in the overall market: 68% of all stocks are doing better.
FAAS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FAAS has a been trading in the 0.39 - 0.78 range, which is quite wide. It is currently trading near the lows of this range.
FAAS has an average volume of 24210100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FAAS is an average performer in the Financial Services industry, it outperforms 41% of 101 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
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 very little resistance above the current price.
More info and screens
0.41
0.53
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.52 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 | 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 | 32.73 | 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) | 45.45 | 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) | 24.62 | NEUTRAL | The Stochastics value for FAAS is a neutral value. |
| Average True Range in percent/ATR (20) | 14.92 | HIGH VOLATILITY | The high ATR as a percentage value for FAAS suggests high volalility. |
| Average Directional Index/ADX (14) | 26.76 | POSITIVE | The high ADX value value for FAAS suggests a strong 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)
0.477
-0.01 (-1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.61%
1 Week-3.46%
2 Weeks-7.56%
1 Month-18.66%
3 Month83.46%
6 Month-15.2%
12 Month-83.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%14.92%
ATR Inc-63.37%
Range Today0.04
ADR(20)0.07
ADR(20)%14.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.73
Mansfield-4.58
10 Day High0.55
10 Day Low0.43
20 Day High0.78
20 Day Low0.39
52 Week High3.5
52 Week Low0.16
CS1 End0.47
CR1 Start0.52
Volume & EV
DER(3)-7.46%
DER(5)-7.06%
Volume215.00K
Volume Incr-87.02%
Vol(5)759.56K
Vol(50)24.21M