FG GROUP HOLDINGS INC (FGH) Technical Analysis
NYSEARCA:FGH • US3024621068
Current stock price
FGH Technical Rating and Analysis
Overall FGH gets a technical rating of 0 out of 10. FGH'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, FGH is a bad performer in the overall market: 91% of all stocks are doing better.
- FGH is one of the lesser performing stocks in the Entertainment industry. 71% of 79 stocks in the same industry do better.
- FGH 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 FGH is lagging the market.
- Warning: FGH has an average volume of 13400 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FGH has a been trading in the 1.18 - 1.50 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.
FGH Weekly and Daily overview Charts
FGH Setup Rating and Analysis
FGH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.30. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FGH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FGH Support and Resistance Analysis
1.13
When analyzing the support we notice one important area.
- A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1.30 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.40 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.47 from a trend line in the daily time frame.
- Resistance @1.50 from a horizontal line in the daily time frame.
- Resistance @1.57 from a horizontal line in the daily time frame.
FGH 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 | DOWN | NEGATIVE | The long term trend for FGH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FGH is down. |
| ChartMill Relative Strength | 9.79 | NEGATIVE | FGH has a low relative strength, it was outperformed by 90.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FGH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FGH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FGH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.93 | NEUTRAL | The RSI value for FGH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FGH has a negative trend. |
| Stochastics (14,3) | 37.82 | NEUTRAL | The Stochastics value for FGH is a neutral value. |
| Average True Range in percent/ATR (20) | 9.14 | HIGH VOLATILITY | The high ATR as a percentage value for FGH suggests high volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for FGH suggests a possible start of a new trend. |
FGH Chart- and CandleStick Pattern Analysis
FGH Technicals: Chart, Performance Metrics, Trend & Indicators
1.24
-0.07 (-5.7%)
FG GROUP HOLDINGS INC / FGH TA FAQ
Can you provide the ChartMill technical rating for FG GROUP HOLDINGS INC?
ChartMill assigns a technical rating of 0 / 10 to FGH.
What is the current trend direction of FG GROUP HOLDINGS INC (FGH) stock?
The current trend direction for FG GROUP HOLDINGS INC (FGH) is Bearish.
Can you provide the RSI signal for FG GROUP HOLDINGS INC?
FG GROUP HOLDINGS INC (FGH) has an RSI value of 42.9264. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FG GROUP HOLDINGS INC?
The MACD indicator for FG GROUP HOLDINGS INC (FGH) has a value of -0.00742971, indicating a bearish trend.
What is the short term momentum for FGH stock?
The short term momentum for FG GROUP HOLDINGS INC (FGH) is negative.