FARADAY FUTURE INTELLIGENT E (FFAI) Stock Technical Analysis
NASDAQ:FFAI - Nasdaq - US3073598852 - Common Stock - Currency: USD
Taking everything into account, FFAI scores 3 out of 10 in our technical rating. FFAI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, FFAI is a bad performer in the overall market: 100% of all stocks are doing better.
FFAI is one of the lesser performing stocks in the Automobiles industry. 94% of 39 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
FFAI has an average volume of 7218620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FFAI has a been trading in the 1.08 - 1.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
FFAI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.15, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.09
1.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.13 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.25 from a trend line in the daily time frame.
- Resistance @1.32 from a horizontal line 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 | UP | POSITIVE | The long term trend for FFAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FFAI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FFAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FFAI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FFAI is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 56.27 | NEUTRAL | The RSI value for FFAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FFAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 52.63 | NEUTRAL | The Stochastics value for FFAI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.87 | HIGH VOLATILITY | The high ATR as a percentage value for FFAI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.97 | NEGATIVE | The low ADX value for FFAI suggests a weak or negative 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)
1.22
+0.03 (+2.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg2.52%
1 Week7.96%
2 Weeks-1.61%
1 Month-6.87%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.87%
ATR Inc21.46%
Range Today0.09
ADR(20)0.1
ADR(20)%7.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.26
10 Day Low1.08
20 Day High1.38
20 Day Low1.08
52 Week HighN/A
52 Week LowN/A
CS1 End1.15
CR1 Start1.25
Volume & EV
DER(3)1.07%
DER(5)-3.4%
Volume6.31M
Volume Incr-45.78%
Vol(5)4.66M
Vol(50)7.22M