Taking everything into account, FATE scores 1 out of 10 in our technical rating. FATE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
FATE has a poor technical rating and the quality of the setup is also only medium 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.
0.94
We found 2 important support areas.
We can see 3 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 | DOWN | NEGATIVE | The long term trend for FATE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FATE is neutral. |
| ChartMill Relative Strength | 11.81 | NEGATIVE | FATE has a low relative strength, it was outperformed by 88.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FATE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FATE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FATE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.94 | NEUTRAL | The RSI value for FATE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FATE has a positive trend. |
| Stochastics (14,3) | 73.17 | NEUTRAL | The Stochastics value for FATE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.97 | HIGH VOLATILITY | The high ATR as a percentage value for FATE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.55 | NEGATIVE | The low ADX value for FATE suggests a weak or negative trend. |
1.14
+0.04 (+3.64%)
ChartMill assigns a technical rating of 1 / 10 to FATE.
The current trend direction for FATE THERAPEUTICS INC (FATE) is Bearish.
FATE THERAPEUTICS INC (FATE) has an RSI value of 49.9403. This indicates that the stock is currently neutral.
The MACD indicator for FATE THERAPEUTICS INC (FATE) has a value of 0.0149438, indicating a bearish trend.
FATE THERAPEUTICS INC (FATE) has a support level at 0.98 and a resistance level at 1.27. Check the full technical report for our detailed analysis of FATE support and resistance levels.