Fire and Flower Holdings Corporation (FAF.CA) Technical Analysis
TSX:FAF • CA3181083054
Current stock price
FAF.CA Technical Rating and Analysis
Overall FAF gets a technical rating of 0 out of 10. FAF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, FAF is a bad performer in the overall market: 100% of all stocks are doing better.
- FAF is one of the lesser performing stocks in the Specialty Retail industry. 94% of 18 stocks in the same industry do better.
- FAF 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 FAF has a been trading in the 0.27 - 1.40 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
FAF.CA Weekly and Daily overview Charts
FAF.CA Setup Rating and Analysis
The technical rating of FAF is bad and it also does not present a quality setup 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
FAF.CA Support and Resistance Analysis
FAF.CA 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 | DOWN | NEGATIVE | The long term trend for FAF.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAF.CA is down. |
| ChartMill Relative Strength | 0.49 | NEGATIVE | FAF.CA has a low relative strength, it was outperformed by 99.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAF.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAF.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAF.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.34 | OVERSOLD | The low RSI value suggests FAF.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FAF.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.88 | OVERSOLD | The low Stochastics value suggests FAF.CA may be oversold. |
| Average True Range in percent/ATR (20) | 35.52 | HIGH VOLATILITY | The high ATR as a percentage value for FAF.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.21 | POSITIVE | The high ADX value value for FAF.CA suggests a strong trend. |
FAF.CA Chart- and CandleStick Pattern Analysis
FAF.CA Technicals: Chart, Performance Metrics, Trend & Indicators
Fire and Flower Holdings Corporation
TSX:FAF (6/5/2023, 7:00:00 PM)
0.29
+0.01 (+3.57%)
Fire and Flower Holdings Corporation / FAF.CA TA FAQ
What is the technical rating for FAF stock?
ChartMill assigns a technical rating of 0 / 10 to FAF.CA.
What is the trend direction for FAF stock?
The current trend direction for Fire and Flower Holdings Corporation (FAF.CA) is Bearish.
What is the RSI signal for FAF stock?
Fire and Flower Holdings Corporation (FAF.CA) has an RSI value of 19.3434. This indicates that the stock is currently oversold.
What is the short term momentum for Fire and Flower Holdings Corporation (FAF.CA) stock?
The short term momentum for Fire and Flower Holdings Corporation (FAF.CA) is negative.