Fat Tail Risk ETF (FATT) Technical Analysis
NASDAQ:FATT
Current stock price
FATT Technical Rating and Analysis
Taking everything into account, FATT scores 1 out of 10 in our technical rating. In the last year, FATT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than FATT.
- FATT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FATT is lagging the market.
- In the last month FATT has a been trading in the 22.67 - 24.09 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: FATT has an average volume of 1888 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- Volume is considerably higher in the last couple of days.
FATT Weekly and Daily overview Charts
FATT Setup Rating and Analysis
The technical rating of FATT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
FATT Support and Resistance Analysis
22.49
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.59 to 24.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.46 to 25.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
FATT Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for FATT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FATT is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FATT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FATT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FATT is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 20.52 | OVERSOLD | The low RSI value suggests FATT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests FATT has a negative trend. |
| Stochastics (14,3) | 7.8 | OVERSOLD | The low Stochastics value suggests FATT may be oversold. |
| Average True Range in percent/ATR (20) | 0.63 | LOW VOLATILITY | The low ATR as a percentage value for FATT suggests low volalility. |
FATT Chart- and CandleStick Pattern Analysis
FATT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FATT (1/21/2022, 8:55:55 PM)
22.7143
-0.53 (-2.27%)
Fat Tail Risk ETF / FATT TA FAQ
What is the technical rating for FATT stock?
ChartMill assigns a technical rating of 1 / 10 to FATT.
What is the current trend direction of Fat Tail Risk ETF (FATT) stock?
The current trend direction for Fat Tail Risk ETF (FATT) is Bullish.
Can you provide the RSI signal for Fat Tail Risk ETF?
Fat Tail Risk ETF (FATT) has an RSI value of 20.517. This indicates that the stock is currently oversold.
Can you provide the short term momentum for Fat Tail Risk ETF?
The short term momentum for Fat Tail Risk ETF (FATT) is negative.
What are the support and resistance levels for Fat Tail Risk ETF (FATT) stock?
Fat Tail Risk ETF (FATT) has a resistance level at 23.59. Check the full technical report for our detailed analysis of FATT support and resistance levels.