FAT BRANDS INC-CL A (FAT) Stock Technical Analysis
NASDAQ:FAT • US30258N1054
Overall FAT gets a technical rating of 0 out of 10. FAT 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.
- 100% of all other stocks performed better in the past year than FAT.
- FAT is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 92% of 126 stocks in the same industry do better.
- FAT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month FAT has a been trading in the 0.14 - 0.54 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.
- FAT has an average volume of 4982500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of FAT 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
0.16
When analyzing the resistance we notice one important area.
- Resistance @0.26 from a trend 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 FAT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAT is down. |
| ChartMill Relative Strength | 0.34 | NEGATIVE | FAT has a low relative strength, it was outperformed by 99.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FAT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.16 | OVERSOLD | The low RSI value suggests FAT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FAT has a negative trend. |
| Stochastics (14,3) | 18.76 | OVERSOLD | The low Stochastics value suggests FAT may be oversold. |
| Average True Range in percent/ATR (20) | 45.78 | HIGH VOLATILITY | The high ATR as a percentage value for FAT suggests high volalility. |
| Average Directional Index/ADX (14) | 26.05 | POSITIVE | The high ADX value value for FAT suggests a strong trend. |
0.1626
-0.05 (-22.57%)
FAT BRANDS INC-CL A / FAT FAQ
What is the technical rating for FAT stock?
ChartMill assigns a technical rating of 0 / 10 to FAT.
What is the trend direction for FAT stock?
The current trend direction for FAT BRANDS INC-CL A (FAT) is Bearish.
What is the RSI signal for FAT stock?
FAT BRANDS INC-CL A (FAT) has an RSI value of 28.159. This indicates that the stock is currently oversold.
What is the buy/sell signal for FAT BRANDS INC-CL A (FAT) stock?
The buy/sell signal for FAT BRANDS INC-CL A (FAT) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for FAT BRANDS INC-CL A?
FAT BRANDS INC-CL A (FAT) has a resistance level at 0.26. Check the full technical report for our detailed analysis of FAT support and resistance levels.