FGI INDUSTRIES LTD (FGI) Stock Technical Analysis
NASDAQ:FGI - Nasdaq - KYG3302D1034 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to FGI. FGI'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.
89% of all other stocks performed better in the past year than FGI.
FGI is one of the lesser performing stocks in the Trading Companies & Distributors industry. 91% of 49 stocks in the same industry do better.
FGI 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month FGI has a been trading in the 0.53 - 0.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FGI has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.52
0.89
3 important support areas can be observed.
- A support zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.55 from a trend line in the daily time frame.
- Support @0.53 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.80 to 0.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.88 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 FGI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FGI is neutral. |
| ChartMill Relative Strength | 11.44 | NEGATIVE | FGI has a low relative strength, it was outperformed by 88.56% 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 | NEGATIVE | The current price of FGI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.28 | NEUTRAL | The RSI value for FGI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FGI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.69 | NEUTRAL | The Stochastics value for FGI is a neutral value. |
| Average True Range in percent/ATR (20) | 12.47 | HIGH VOLATILITY | The high ATR as a percentage value for FGI suggests high volalility. |
| Average Directional Index/ADX (14) | 33.38 | POSITIVE | The high ADX value value for FGI suggests a strong 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)
0.691
+0.04 (+6.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg6.8%
1 Week21.12%
2 Weeks-1.59%
1 Month-5.34%
3 Month3.12%
6 Month-16.84%
12 Month-35.72%
2 Year-60.51%
3 Year-73.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%12.47%
ATR Inc-9.14%
Range Today0.06
ADR(20)0.08
ADR(20)%11.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.44
Mansfield-1.82
10 Day High0.85
10 Day Low0.56
20 Day High0.85
20 Day Low0.53
52 Week High1.2
52 Week Low0.46
CS1 End0.55
CR1 Start0.63
Volume & EV
DER(3)-9.22%
DER(5)-1.14%
Volume114.50K
Volume Incr-7.84%
Vol(5)197.36K
Vol(50)221.99K