4D MOLECULAR THERAPEUTICS IN (FDMT) Stock Technical Analysis
USA - NASDAQ:FDMT - US35104E1001 - Common Stock
7.1 USD
+0.44 (+6.61%)
7.01 USD
-0.09 (-1.27%)
We assign a technical rating of 8 out of 10 to FDMT. Although FDMT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month FDMT has a been trading in the 5.97 - 7.40 range, which is quite wide. It is currently trading near the high of this range.
FDMT has an average volume of 1287570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FDMT is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
FDMT is an average performer in the Biotechnology industry, it outperforms 64% of 540 stocks in the same industry.
FDMT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FDMT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FDMT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.27. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FDMT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.86
7.35
3 important support areas can be observed.
- A support zone ranging from 6.13 to 6.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.53 from a trend line in the daily time frame.
- Support @4.91 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.27 to 7.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 72.45 | POSITIVE | FDMT has a high relative strength, it outperformed 72.45% 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) | DOWN | MIXED | The current price of FDMT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.05 | NEUTRAL | The RSI value for FDMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FDMT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.24 | NEUTRAL | The Stochastics value for FDMT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.03 | HIGH VOLATILITY | The high ATR as a percentage value for FDMT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.17 | POSITIVE | The high ADX value value for FDMT 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)
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 |
|---|---|---|---|
| 7.29 | 6.52 | 0.77 (10.53%) | 9.50% |
| An entry @7.29. This is a Buy Stop order right above the resistance zone. | An exit @6.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.77 points, which is 10.53%. | For a 1.00% total portfolio risk, you can invest 9.50% 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.
7.1
+0.44 (+6.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg6.61%
1 Week0.42%
2 Weeks7.41%
1 Month3.65%
3 Month71.91%
6 Month81.12%
12 Month-40.34%
2 Year-44.23%
3 Year-11.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%6.03%
ATR Inc11.79%
Range Today0.43
ADR(20)0.42
ADR(20)%5.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.45
Mansfield1.4
10 Day High7.4
10 Day Low6.53
20 Day High7.4
20 Day Low5.97
52 Week High11.77
52 Week Low2.23
CS1 End6.15
CR1 Start7.27
Volume & EV
DER(3)5.41%
DER(5)2.5%
Volume597.50K
Volume Incr-24.78%
Vol(5)493.28K
Vol(50)1.29M