We assign a technical rating of 2 out of 10 to FATBB. 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. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.53
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The long term trend for FATBB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FATBB is neutral. |
| ChartMill Relative Strength | 5.45 | NEGATIVE | FATBB has a low relative strength, it was outperformed by 94.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FATBB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FATBB is above 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) | 57.16 | NEUTRAL | The RSI value for FATBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FATBB has a positive trend. |
| Stochastics (14,3) | 21.26 | NEUTRAL | The Stochastics value for FATBB is a neutral value. |
| Average True Range in percent/ATR (20) | 14.38 | HIGH VOLATILITY | The high ATR as a percentage value for FATBB suggests high volalility. |
| Average Directional Index/ADX (14) | 30.9 | POSITIVE | The high ADX value value for FATBB suggests a strong trend. |
1.55
+1.23 (+384.38%)
ChartMill assigns a technical rating of 2 / 10 to FATBB.
The current trend direction for FAT BRANDS INC-CL B (FATBB) is Bearish.
FAT BRANDS INC-CL B (FATBB) has an RSI value of 57.157. This indicates that the stock is currently neutral.
The MACD indicator for FAT BRANDS INC-CL B (FATBB) has a value of 0.00945121, indicating a bearish trend.
FAT BRANDS INC-CL B (FATBB) has a resistance level at 1.56. Check the full technical report for our detailed analysis of FATBB support and resistance levels.