FATE THERAPEUTICS INC (FATE) Stock Technical Analysis
NASDAQ:FATE - Nasdaq - US31189P1021 - Common Stock - Currency: USD
Overall FATE gets a technical rating of 3 out of 10. 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.
92% of all other stocks performed better in the past year than FATE.
FATE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FATE is lagging the market.
FATE has an average volume of 1965080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FATE is an average performer in the Biotechnology industry, it outperforms 40% of 562 stocks in the same industry.
In the last month FATE has a been trading in the 0.91 - 1.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FATE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.04, a Stop Loss order could be placed below this zone.
More info and screens
0.95
1.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.96 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.20 from a trend line in the daily time frame.
- Resistance @1.26 from a horizontal line in the daily time frame.
- Resistance @1.32 from a horizontal line in the weekly 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 FATE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FATE is up. |
| ChartMill Relative Strength | 8.18 | NEGATIVE | FATE has a low relative strength, it was outperformed by 91.82% 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 | 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) | 52.67 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 64.81 | NEUTRAL | The Stochastics value for FATE is a neutral value. |
| Average True Range in percent/ATR (20) | 11.27 | HIGH VOLATILITY | The high ATR as a percentage value for FATE suggests high volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for FATE suggests a weak or negative 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)
1.16
-0.04 (-3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.33%
1 Week8.41%
2 Weeks11.54%
1 Month-9.37%
3 Month-18.31%
6 Month-49.34%
12 Month-67.05%
2 Year-77.03%
3 Year-94.98%
5 Year-96.42%
10 Year-81.47%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%11.27%
ATR Inc-50.6%
Range Today0.06
ADR(20)0.13
ADR(20)%11.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.18
Mansfield-5.32
10 Day High1.3
10 Day Low0.93
20 Day High1.34
20 Day Low0.91
52 Week High5.92
52 Week Low0.66
CS1 End1.04
CR1 Start1.2
Volume & EV
DER(3)-4.58%
DER(5)-4.32%
Volume788.50K
Volume Incr-24.77%
Vol(5)1.58M
Vol(50)1.97M