DIGIASIA CORP (FAAS) Stock Technical Analysis
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 24235100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FAAS turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
FAAS is part of the Financial Services industry. There are 100 other stocks in this industry, FAAS did better than 52% of them.
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 a support zone below the current price at 0.47, a Stop Loss order could be placed below this zone.
More info and screens
0.47
0.52
When analyzing the support we notice one important area.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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. |
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)
0.4848
-0.01 (-2.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-2.85%
1 Week4.14%
2 Weeks17.99%
1 Month-20.27%
3 Month86.46%
6 Month-13.81%
12 Month-83.15%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%14.72%
ATR Inc-56.53%
Range Today0.02
ADR(20)0.07
ADR(20)%14.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.01
Mansfield-4.47
10 Day High0.78
10 Day Low0.43
20 Day High0.78
20 Day Low0.39
52 Week High3.5
52 Week Low0.16
CS1 End0.47
CR1 Start0.51
Volume & EV
DER(3)-4.02%
DER(5)-4.47%
Volume348.00K
Volume Incr-81.94%
Vol(5)1.05M
Vol(50)24.24M