4D MOLECULAR THERAPEUTICS IN (FDMT) Stock Technical Analysis
USA - NASDAQ:FDMT - US35104E1001 - Common Stock
Taking everything into account, FDMT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FDMT is showing a nice and steady performance.
Besides having an excellent technical rating, FDMT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 11.21, a Stop Loss order could be placed below this zone.
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8.40
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.04 to 11.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.48 to 8.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @11.51 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 | UP | POSITIVE | The long term trend for FDMT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDMT is up. |
| ChartMill Relative Strength | 94.53 | POSITIVE | FDMT has a high relative strength, it outperformed 94.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FDMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FDMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FDMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.14 | NEUTRAL | The RSI value for FDMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FDMT has a negative trend. |
| Stochastics (14,3) | 67.95 | NEUTRAL | The Stochastics value for FDMT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.49 | HIGH VOLATILITY | The high ATR as a percentage value for FDMT suggests high volalility. |
| Average Directional Index/ADX (14) | 38.7 | POSITIVE | The high ADX value value for FDMT suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.52 | 11.03 | 0.49 (4.25%) | 23.51% |
| An entry @11.52. This is a Buy Stop order right above the resistance zone. | An exit @11.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.49 points, which is 4.25%. | When investing 23.51% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of FDMT. Please evaluate whether better entry and exit points can be found.
- 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.
11.22
-0.28 (-2.43%)
4D MOLECULAR THERAPEUTICS IN / FDMT FAQ
What is the technical rating for FDMT stock?
ChartMill assigns a technical rating of 9 / 10 to FDMT.
Can you provide the trend direction for 4D MOLECULAR THERAPEUTICS IN?
The current trend direction for 4D MOLECULAR THERAPEUTICS IN (FDMT) is Bullish.
What is the RSI signal for 4D MOLECULAR THERAPEUTICS IN (FDMT) stock?
4D MOLECULAR THERAPEUTICS IN (FDMT) has an RSI value of 60.1354. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for 4D MOLECULAR THERAPEUTICS IN?
The buy/sell signal for 4D MOLECULAR THERAPEUTICS IN (FDMT) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for 4D MOLECULAR THERAPEUTICS IN (FDMT) stock?
4D MOLECULAR THERAPEUTICS IN (FDMT) has a support level at 11.21 and a resistance level at 11.51. Check the full technical report for our detailed analysis of FDMT support and resistance levels.