FUNDAMENTAL GLOBAL INC (FGF) Technical Analysis
NASDAQ:FGF • US30329Y3045
Current stock price
FGF Technical Rating and Analysis
Taking everything into account, FGF scores 4 out of 10 in our technical rating. In the past year, FGF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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. 64% of 147 stocks in the same industry do better.
- FGF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FGF is lagging the market.
- 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
FGF Weekly and Daily overview Charts
FGF Setup Rating and Analysis
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
FGF Support and Resistance Analysis
15.10
We found 4 important support areas.
- 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.
FGF Technical Indicator Signal Analysis
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. |
FGF Chart- and CandleStick Pattern Analysis
FGF Technicals: Chart, Performance Metrics, Trend & Indicators
18.78
-17.39 (-48.08%)
FUNDAMENTAL GLOBAL INC / FGF TA FAQ
What is the technical rating for FGF stock?
ChartMill assigns a technical rating of 4 / 10 to FGF.
What is the trend direction for FGF stock?
The current trend direction for FUNDAMENTAL GLOBAL INC (FGF) is Bearish.
What is the RSI signal for FGF stock?
FUNDAMENTAL GLOBAL INC (FGF) has an RSI value of 43.2553. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FUNDAMENTAL GLOBAL INC?
The MACD indicator for FUNDAMENTAL GLOBAL INC (FGF) has a value of 0.373288, indicating a bearish trend.
What is the support and resistance level for FGF stock?
FUNDAMENTAL GLOBAL INC (FGF) has a support level at 16.86 and a resistance level at 37.7. Check the full technical report for our detailed analysis of FGF support and resistance levels.