FATE THERAPEUTICS INC (FATE) Stock Technical Analysis
NASDAQ:FATE - Nasdaq - US31189P1021 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to FATE. In the past year, FATE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
82% of all other stocks performed better in the past year than FATE.
FATE 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.
FATE has an average volume of 2172310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
FATE is part of the Biotechnology industry. There are 557 other stocks in this industry, FATE did better than 58% of them.
In the last month FATE has a been trading in the 1.00 - 1.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
FATE has an average technical rating and it also does not offer a high 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
1.16
1.73
When analyzing the support we notice one important area.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.26 to 1.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.63 from a trend line in the daily time frame.
- Resistance @1.71 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for FATE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FATE is neutral. |
| ChartMill Relative Strength | 18.33 | NEGATIVE | FATE has a low relative strength, it was outperformed by 81.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FATE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FATE is above 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) | 48.74 | NEUTRAL | The RSI value for FATE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FATE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.03 | NEUTRAL | The Stochastics value for FATE is a neutral value. |
| Average True Range in percent/ATR (20) | 12.2 | HIGH VOLATILITY | The high ATR as a percentage value for FATE suggests high volalility. |
| Average Directional Index/ADX (14) | 29.84 | POSITIVE | The high ADX value value for FATE suggests a strong 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)
1.24
-0.03 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.36%
1 Week-20.31%
2 Weeks5.37%
1 Month26.24%
3 Month35.42%
6 Month-30.33%
12 Month-64.68%
2 Year-73.21%
3 Year-94.85%
5 Year-96.28%
10 Year-80.29%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%12.2%
ATR Inc-8.96%
Range Today0.09
ADR(20)0.15
ADR(20)%11.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.33
Mansfield-4.68
10 Day High1.82
10 Day Low1.24
20 Day High1.82
20 Day Low1
52 Week High5.92
52 Week Low0.66
CS1 End1.18
CR1 Start1.63
Volume & EV
DER(3)-4.05%
DER(5)-3.48%
Volume1.48M
Volume Incr65.77%
Vol(5)3.00M
Vol(50)2.17M