We assign a technical rating of 1 out of 10 to FGEN. FGEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FGEN is a bad performer in the overall market: 94% of all stocks are doing better.
FGEN is part of the Biotechnology industry. There are 566 other stocks in this industry, of which 67% are performing better than FGEN.
FGEN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month FGEN has a been trading in the 0.23 - 0.35 range, which is quite wide. It is currently trading near the high of this range.
FGEN has an average volume of 3937320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.