FACEDRIVE INC (FD.CA) Stock Technical Analysis
TSX-V:FD - TSX Venture Exchange - CA30311W1005 - Common Stock - Currency: CAD
We assign a technical rating of 3 out of 10 to FD. Recently some decent action could be observed, but in the medium term time frame this is still negative. FD was also a bad performer in the overall market in the last year.
86% of all other stocks performed better in the past year than FD.
FD is one of the lesser performing stocks in the Ground Transportation industry. 100% of 6 stocks in the same industry do better.
FD 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 FD is lagging the market.
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.
In the last month FD has a been trading in the 0.29 - 0.58 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
0.72
We found 1 important support 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. |
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)
TSX-V:FD (1/19/2023, 7:00:00 PM)
0.455
+0.01 (+1.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg1.11%
1 Week10.98%
2 Weeks13.75%
1 Month28.17%
3 Month-9%
6 Month-12.5%
12 Month-46.47%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%10.03%
ATR Inc-12.82%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.23
Mansfield-2.36
10 Day High0.58
10 Day Low0.4
20 Day High0.58
20 Day Low0.29
52 Week High1.27
52 Week Low0.29
CS1 End0.45
CR1 Start0.47
Volume & EV
DER(3)-63.05%
DER(5)-46.82%
Volume18.52K
Volume Incr-9.59%
Vol(5)85.51K
Vol(50)66.05K