Taking everything into account, FATBB scores 0 out of 10 in our technical rating. FATBB'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 technical rating of FATBB 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
1.25
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.22 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 FATBB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FATBB is down. |
| ChartMill Relative Strength | 3.99 | NEGATIVE | FATBB has a low relative strength, it was outperformed by 96.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FATBB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FATBB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FATBB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.85 | NEUTRAL | The RSI value for FATBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FATBB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.74 | OVERSOLD | The low Stochastics value suggests FATBB may be oversold. |
| Average True Range in percent/ATR (20) | 17.25 | HIGH VOLATILITY | The high ATR as a percentage value for FATBB suggests high volalility. |
| Average Directional Index/ADX (14) | 31.89 | POSITIVE | The high ADX value value for FATBB suggests a strong trend. |
1.26
0 (0%)
FAT BRANDS INC-CL B / FATBB FAQ
What is the ChartMill technical rating of FAT BRANDS INC-CL B (FATBB) stock?
ChartMill assigns a technical rating of 0 / 10 to FATBB.
What is the current trend direction of FAT BRANDS INC-CL B (FATBB) stock?
The current trend direction for FAT BRANDS INC-CL B (FATBB) is Bearish.
Can you provide the RSI signal for FAT BRANDS INC-CL B?
FAT BRANDS INC-CL B (FATBB) has an RSI value of 30.8506. This indicates that the stock is currently neutral.
What is the MACD signal for FAT BRANDS INC-CL B (FATBB) stock?
The MACD indicator for FAT BRANDS INC-CL B (FATBB) has a value of -0.00143808, indicating a bearish trend.
What are the support and resistance levels for FAT BRANDS INC-CL B (FATBB) stock?
FAT BRANDS INC-CL B (FATBB) has a resistance level at 1.27. Check the full technical report for our detailed analysis of FATBB support and resistance levels.