FUNDAMENTAL GLOBAL INC (FGF) Stock Technical Analysis
NASDAQ:FGF - US30329Y3045 - Common Stock
18.78 USD
-17.39 (-48.08%)
19.18 USD
+0.4 (+2.13%)
We assign a technical rating of 4 out of 10 to FGF. Recently some decent action could be observed, but in the medium term time frame this is still negative. FGF was also a bad performer in the overall market in the last year.
80% of all other stocks performed better in the past year than FGF.
FGF is one of the lesser performing stocks in the Insurance industry. 69% of 146 stocks in the same industry do better.
FGF 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 FGF has a been trading in the 14.60 - 41.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FGF has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.10
38.08
4 important support areas can be observed.
- Support @16.86 from a trend line in the daily time frame.
- Support @16.32 from a trend line in the daily time frame.
- A support zone ranging from 16.00 to 16.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.25 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @37.70 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 | NEUTRAL | NEUTRAL | The long term trend for FGF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FGF is neutral. |
| ChartMill Relative Strength | 20.26 | NEGATIVE | FGF has a low relative strength, it was outperformed by 79.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FGF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FGF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FGF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.26 | NEUTRAL | The RSI value for FGF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests FGF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.93 | NEUTRAL | The Stochastics value for FGF is a neutral value. |
| Average True Range in percent/ATR (20) | 30.6 | HIGH VOLATILITY | The high ATR as a percentage value for FGF suggests high volalility. |
| Average Directional Index/ADX (14) | 24.67 | NEUTRAL | The ADX value for FGF 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)
18.78
-17.39 (-48.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-48.08%
1 Week-50.97%
2 Weeks-7.4%
1 Month10.15%
3 Month13.82%
6 Month-21.09%
12 Month-29.13%
2 Year-48.9%
3 Year-46.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)7.16
ATR(20)%30.6%
ATR Inc112.56%
Range Today6
ADR(20)4.84
ADR(20)%25.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.26
Mansfield-2.18
10 Day High41.25
10 Day Low14.6
20 Day High41.25
20 Day Low14.6
52 Week High41.25
52 Week Low14.21
CS1 End16.86
CR1 Start37.7
Volume & EV
DER(3)4.01%
DER(5)4.72%
Volume695.10K
Volume Incr38.86%
Vol(5)316.48K
Vol(50)125.74K