We assign a technical rating of 0 out of 10 to FATBP. FATBP 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 technical rating of FATBP 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
0.56
We found 1 important resistance area.
- Resistance @1.10 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 FATBP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FATBP is down. |
| ChartMill Relative Strength | 0.72 | NEGATIVE | FATBP has a low relative strength, it was outperformed by 99.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FATBP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FATBP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FATBP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.93 | OVERSOLD | The low RSI value suggests FATBP may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FATBP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.41 | OVERSOLD | The low Stochastics value suggests FATBP may be oversold. |
| Average True Range in percent/ATR (20) | 20.07 | HIGH VOLATILITY | The high ATR as a percentage value for FATBP suggests high volalility. |
| Average Directional Index/ADX (14) | 51.05 | POSITIVE | The high ADX value value for FATBP suggests a strong trend. |
0.5611
+0.05 (+8.85%)
FAT BRANDS INC - FAT 8 1/4 PERP / FATBP FAQ
What is the ChartMill technical rating of FAT BRANDS INC - FAT 8 1/4 PERP (FATBP) stock?
ChartMill assigns a technical rating of 0 / 10 to FATBP.
What is the current trend direction of FAT BRANDS INC - FAT 8 1/4 PERP (FATBP) stock?
The current trend direction for FAT BRANDS INC - FAT 8 1/4 PERP (FATBP) is Bearish.
What is the RSI signal for FATBP stock?
FAT BRANDS INC - FAT 8 1/4 PERP (FATBP) has an RSI value of 20.9293. This indicates that the stock is currently oversold.
What is the short term momentum for FAT BRANDS INC - FAT 8 1/4 PERP (FATBP) stock?
The short term momentum for FAT BRANDS INC - FAT 8 1/4 PERP (FATBP) is negative.
Can you provide the buy/sell signal for FAT BRANDS INC - FAT 8 1/4 PERP?
The buy/sell signal for FAT BRANDS INC - FAT 8 1/4 PERP (FATBP) is sell as both the short term and long term trends are negative.