FGI INDUSTRIES LTD (FGI) Stock Technical Analysis
NASDAQ:FGI - KYG3302D1034 - Common Stock
4.1673 USD
-0.11 (-2.63%)
We assign a technical rating of 7 out of 10 to FGI. FGI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FGI is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 74% of 48 stocks in the same industry.
Looking at the yearly performance, FGI did better than 86% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
FGI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FGI is lagging the market.
In the last month FGI has a been trading in the 3.26 - 4.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, FGI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.29. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FGI in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
2.99
4.66
When analyzing the support we can see 5 important areas.
- A support zone ranging from 3.74 to 3.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.63 from a horizontal line in the weekly time frame.
- Support @3.57 from a trend line in the daily time frame.
- Support @3.30 from a horizontal line in the daily time frame.
- Support @3.02 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.29 to 4.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.49 from a trend line in the weekly time frame.
- Resistance @4.61 from a horizontal line in the weekly 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 FGI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FGI is up. |
| ChartMill Relative Strength | 86.6 | POSITIVE | FGI has a high relative strength, it outperformed 86.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FGI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FGI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FGI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.84 | NEUTRAL | The RSI value for FGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FGI has a positive trend. |
| Stochastics (14,3) | 76.15 | NEUTRAL | The Stochastics value for FGI is a neutral value. |
| Average True Range in percent/ATR (20) | 10.71 | HIGH VOLATILITY | The high ATR as a percentage value for FGI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.46 | NEUTRAL | The ADX value for FGI 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.30 | 3.73 | 0.57 (13.26%) | 7.54% |
| An entry @4.30. This is a Buy Stop order right above the resistance zone. | An exit @3.73. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.57 points, which is 13.26%. | For a 1.00% total portfolio risk, you can invest 7.54% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FGI (8/28/2025, 8:08:56 PM)
4.1673
-0.11 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.63%
1 Week10.83%
2 Weeks11.26%
1 Month-7.39%
3 Month54.32%
6 Month2.01%
12 Month9.29%
2 Year-45.17%
3 Year-69.02%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%10.71%
ATR Inc-48.02%
Range Today0.15
ADR(20)0.44
ADR(20)%10.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.6
Mansfield-0.13
10 Day High4.34
10 Day Low3.47
20 Day High4.89
20 Day Low3.26
52 Week High5.5
52 Week Low2.28
CS1 End3.76
CR1 Start4.29
Volume & EV
DER(3)0.44%
DER(5)3.28%
Volume2.80K
Volume Incr-0.51%
Vol(5)68.02K
Vol(50)132.19K