FANSUNITE ENTERTAINMENT INC. (FANS.CA) Technical Analysis
CNSX:FANS • CA30727R1091
Current stock price
FANS.CA Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to FANS. FANS'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, FANS is a bad performer in the overall market: 100% of all stocks are doing better.
- FANS 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 FANS has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
FANS.CA Weekly and Daily overview Charts
FANS.CA Setup Rating and Analysis
FANS has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
FANS.CA Support and Resistance Analysis
0.07
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FANS.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 FANS.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FANS.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FANS.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FANS.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FANS.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.69 | NEUTRAL | The RSI value for FANS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FANS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20 | NEUTRAL | The Stochastics value for FANS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.33 | HIGH VOLATILITY | The high ATR as a percentage value for FANS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for FANS.CA suggests a weak or negative trend. |
FANS.CA Chart- and CandleStick Pattern Analysis
FANS.CA Technicals: Chart, Performance Metrics, Trend & Indicators
CNSX:FANS (12/8/2022, 7:00:00 PM)
0.075
+0 (+7.14%)
FANSUNITE ENTERTAINMENT INC. / FANS.CA TA FAQ
Can you provide the ChartMill technical rating for FANSUNITE ENTERTAINMENT INC.?
ChartMill assigns a technical rating of 1 / 10 to FANS.CA.
Can you provide the trend direction for FANSUNITE ENTERTAINMENT INC.?
The current trend direction for FANSUNITE ENTERTAINMENT INC. (FANS.CA) is Bearish.
What is the RSI signal for FANS stock?
FANSUNITE ENTERTAINMENT INC. (FANS.CA) has an RSI value of 44.6937. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FANSUNITE ENTERTAINMENT INC.?
The short term momentum for FANSUNITE ENTERTAINMENT INC. (FANS.CA) is negative.
Can you provide the support and resistance levels for FANSUNITE ENTERTAINMENT INC.?
FANSUNITE ENTERTAINMENT INC. (FANS.CA) has a resistance level at 0.09. Check the full technical report for our detailed analysis of FANS.CA support and resistance levels.