FACEDRIVE INC (FD.CA) Stock Technical Analysis
Canada - TSX-V:FD - CA30311W1005 - Common Stock
Taking everything into account, FD scores 3 out of 10 in our technical rating. In the past year, FD 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.
The technical rating of FD is bad and it also does not present a 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
0.45
When analyzing the support we notice one important area.
- A support zone ranging from 0.45 to 0.45. 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 4 important areas.
- A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.51 from a trend line in the daily time frame.
- Resistance @0.53 from a horizontal line in the daily time frame.
- Resistance @0.71 from a trend 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 FD.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FD.CA is up. |
| ChartMill Relative Strength | 14.23 | NEGATIVE | FD.CA has a low relative strength, it was outperformed by 85.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FD.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FD.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.6 | NEUTRAL | The RSI value for FD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.88 | NEUTRAL | The Stochastics value for FD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10.03 | HIGH VOLATILITY | The high ATR as a percentage value for FD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.39 | POSITIVE | The high ADX value value for FD.CA suggests a strong trend. |
TSX-V:FD (1/19/2023, 7:00:00 PM)
0.455
+0.01 (+1.11%)
FACEDRIVE INC / FD.CA FAQ
Can you provide the ChartMill technical rating for FACEDRIVE INC?
ChartMill assigns a technical rating of 3 / 10 to FD.CA.
Can you provide the trend direction for FACEDRIVE INC?
The current trend direction for FACEDRIVE INC (FD.CA) is Bearish.
What is the RSI signal for FD stock?
FACEDRIVE INC (FD.CA) has an RSI value of 53.5962. This indicates that the stock is currently neutral.
What is the buy/sell signal for FD stock?
The buy/sell signal for FACEDRIVE INC (FD.CA) is hold as the short term and long term trends are mixed.
What is the support and resistance level for FD stock?
FACEDRIVE INC (FD.CA) has a support level at 0.45 and a resistance level at 0.47. Check the full technical report for our detailed analysis of FD.CA support and resistance levels.