NASDAQ:FDMT - Nasdaq - US35104E1001 - Common Stock - Currency: USD
Taking everything into account, FDMT scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. FDMT was also a bad performer in the overall market in the last year.
FDMT has an average technical rating and it also does not offer a high 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.
3.91
We found 3 important support areas.
2 important resistance areas can be observed.
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 FDMT is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDMT is up. |
ChartMill Relative Strength | 7.86 | NEGATIVE | FDMT has a low relative strength, it was outperformed by 92.14% 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 | NEGATIVE | The current price of FDMT is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 59.56 | NEUTRAL | The RSI value for FDMT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FDMT has a positive trend. |
Stochastics (14,3) | 76.18 | NEUTRAL | The Stochastics value for FDMT is a neutral value. |
Average True Range in percent/ATR (20) | 5.53 | HIGH VOLATILITY | The high ATR as a percentage value for FDMT suggests high volalility. |
Average Directional Index/ADX (14) | 21.83 | NEUTRAL | The ADX value for FDMT suggests a possible start of a new trend. |
4.64
+0.07 (+1.53%)