FAT BRANDS INC-CL A (FAT) Stock Technical Analysis
NASDAQ:FAT - Nasdaq - US30258N1054 - Common Stock - Currency: USD
Overall FAT gets a technical rating of 1 out of 10. FAT'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FAT is a bad performer in the overall market: 94% of all stocks are doing better.
FAT is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, of which 89% are performing better than FAT.
FAT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FAT has a been trading in the 2.30 - 2.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FAT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.43, a Stop Loss order could be placed below this zone.
More info and screens
2.15
4.01
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.41 to 2.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.17 to 2.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.51 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.64 from a trend line in the daily time frame.
- Resistance @3.97 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for FAT is neutral. |
| ChartMill Relative Strength | 6.05 | NEGATIVE | FAT has a low relative strength, it was outperformed by 93.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FAT is above 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) | 51.31 | NEUTRAL | The RSI value for FAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FAT has a positive trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for FAT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for FAT suggests some volalility. |
| Average Directional Index/ADX (14) | 12.99 | NEGATIVE | The low ADX value for FAT suggests a weak or negative 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)
2.45
+0.02 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.82%
1 Week1.24%
2 Weeks1.27%
1 Month2.94%
3 Month-8.58%
6 Month-57.76%
12 Month-53.33%
2 Year-66.48%
3 Year-72.16%
5 Year-12.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%4.63%
ATR Inc-43.17%
Range Today0.08
ADR(20)0.11
ADR(20)%4.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.05
Mansfield-4.46
10 Day High2.5
10 Day Low2.3
20 Day High2.6
20 Day Low2.3
52 Week High6.17
52 Week Low2.01
CS1 End2.43
CR1 Start2.51
Volume & EV
DER(3)-2.34%
DER(5)-0.37%
Volume39.20K
Volume Incr-3.74%
Vol(5)37.86K
Vol(50)54.43K