4D MOLECULAR THERAPEUTICS IN (FDMT) Stock Technical Analysis
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.
93% of all other stocks performed better in the past year than FDMT.
FDMT is one of the lesser performing stocks in the Biotechnology industry. 62% of 553 stocks in the same industry do better.
FDMT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FDMT has a been trading in the 3.68 - 4.80 range, which is quite wide. It is currently trading near the high of this range.
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.
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
3.91
4.85
We found 3 important support areas.
- Support @4.64 from a trend line in the daily time frame.
- A support zone ranging from 4.08 to 4.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.95 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @4.65 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.80 to 4.80. This zone is formed by a combination of multiple trend lines in the daily 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 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. |
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)
4.64
+0.07 (+1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.53%
1 Week9.43%
2 Weeks5.94%
1 Month20.83%
3 Month23.4%
6 Month-17.14%
12 Month-71.16%
2 Year-74.64%
3 Year-50.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%5.53%
ATR Inc-21.71%
Range Today0.22
ADR(20)0.25
ADR(20)%5.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.86
Mansfield-3.66
10 Day High4.8
10 Day Low4.11
20 Day High4.8
20 Day Low3.68
52 Week High17.41
52 Week Low2.23
CS1 End4.64
CR1 Start4.65
Volume & EV
DER(3)-2.3%
DER(5)0.63%
Volume266.40K
Volume Incr-28.56%
Vol(5)276.86K
Vol(50)405.64K