FORTRESS CAPITAL ACQUISITI-A (FCAX)

KYG364271059 - Common Stock

10.13  0 (0%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to FCAX. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FCAX is only an average performer.

The long and short term trends are both positive. This is looking good!
FCAX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FCAX is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, FCAX outperforms 65% of them, which is more or less in line with the market.
In the last month FCAX has a been trading in a tight range between 10.07 and 10.31.
Weekly and Daily overview Charts
FCAX Weekly chart
FCAX Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, FCAX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 10.14. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.12, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.57

10.24

When analyzing the support we notice one important area.

  • A support zone ranging from 9.67 to 10.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 10.14 to 10.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.15
Mansfield0.35
10 Day High10.14
10 Day Low10.08
20 Day High10.31
20 Day Low10.07
52 Week High10.31
52 Week Low9.71
Performance
1 Week0.1%
2 Weeks0.2%
1 Month0.55%
3 Month1.5%
6 Month2.74%
12 Month3.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)71.15
LBB10.09
UBB10.14
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
10.1510.070.08 (0.79%)25.00%
An entry @10.15. This is a Buy Stop order right above the resistance zone.An exit @10.07. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.08 points, which is 0.79%.For a 0.20% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FCAX Daily chart

FORTRESS CAPITAL ACQUISITI-A

NYSE:FCAX (1/13/2023, 7:06:49 PM)

10.13

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.1%
2 Weeks0.2%
1 Month0.55%
3 Month1.5%
6 Month2.74%
12 Month3.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.02
ATR(20)%0.26%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.14
10 Day Low10.08
20 Day High10.31
20 Day Low10.07
52 Week High10.31
52 Week Low9.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume769.20K
Volume Incr-64.45%
Vol(5)304.84K
Vol(50)394.04K