Taking everything into account, FDMT scores 6 out of 10 in our technical rating. Although FDMT has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- When comparing the yearly performance of all stocks, we notice that FDMT is one of the better performing stocks in the market, outperforming 81% of all stocks.
- FDMT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FDMT is lagging the market slightly.
- In the last month FDMT has a been trading in the 7.13 - 9.78 range, which is quite wide. It is currently trading near the high of this range.
- FDMT is an average performer in the Biotechnology industry, it outperforms 66% of 524 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
7.36
When analyzing the support we can see 3 important areas.
- Support @7.94 from a trend line in the weekly time frame.
- Support @7.72 from a trend line in the daily time frame.
- Support @7.43 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.50 to 9.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.81 to 10.93. 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 | NEUTRAL | NEUTRAL | The long term trend for FDMT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FDMT is up. |
| ChartMill Relative Strength | 81.81 | POSITIVE | FDMT has a high relative strength, it outperformed 81.81% 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) | DOWN | MIXED | The current price of FDMT is above a declining 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) | 59.42 | NEUTRAL | The RSI value for FDMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FDMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.65 | OVERBOUGHT | The high Stochastics value suggests FDMT may be overbought. |
| Average True Range in percent/ATR (20) | 6.34 | HIGH VOLATILITY | The high ATR as a percentage value for FDMT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for FDMT suggests a possible start of a new trend. |
9.29
-0.2 (-2.11%)
4D MOLECULAR THERAPEUTICS IN / FDMT FAQ
What is the technical rating for FDMT stock?
ChartMill assigns a technical rating of 6 / 10 to FDMT.
What is the current trend direction of 4D MOLECULAR THERAPEUTICS IN (FDMT) stock?
The current trend direction for 4D MOLECULAR THERAPEUTICS IN (FDMT) is Bearish.
What is the RSI signal for 4D MOLECULAR THERAPEUTICS IN (FDMT) stock?
4D MOLECULAR THERAPEUTICS IN (FDMT) has an RSI value of 59.4172. This indicates that the stock is currently neutral.
What is the short term momentum for 4D MOLECULAR THERAPEUTICS IN (FDMT) stock?
The short term momentum for 4D MOLECULAR THERAPEUTICS IN (FDMT) is positive.