FOUNDER GROUP LTD-A (FGL) Technical Analysis
NASDAQ:FGL • VGG3662E1218
Current stock price
FGL Technical Rating and Analysis
Overall FGL gets a technical rating of 0 out of 10. FGL'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than FGL.
- FGL is part of the Construction & Engineering industry. There are 56 other stocks in this industry, of which 81% are performing better than FGL.
- FGL is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so FGL is lagging the market.
- In the last month FGL has a been trading in the 4.16 - 16.69 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.
- FGL has an average volume of 2481870 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
FGL Weekly and Daily overview Charts
FGL Setup Rating and Analysis
The technical rating of FGL is bad and it also does not present a 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
FGL Support and Resistance Analysis
4.17
When analyzing the resistance we notice one important area.
- Resistance @7.15 from a trend line in the daily time frame.
FGL 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 FGL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FGL is down. |
| ChartMill Relative Strength | 0.55 | NEGATIVE | FGL has a low relative strength, it was outperformed by 99.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FGL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FGL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.16 | NEUTRAL | The RSI value for FGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests FGL has a negative trend. |
| Stochastics (14,3) | 0.31 | OVERSOLD | The low Stochastics value suggests FGL may be oversold. |
| Average True Range in percent/ATR (20) | 45.97 | HIGH VOLATILITY | The high ATR as a percentage value for FGL suggests high volalility. |
| Average Directional Index/ADX (14) | 26.77 | POSITIVE | The high ADX value value for FGL suggests a strong trend. |
FGL Chart- and CandleStick Pattern Analysis
FGL Technicals: Chart, Performance Metrics, Trend & Indicators
4.21
-0.59 (-12.29%)
FOUNDER GROUP LTD-A / FGL TA FAQ
What is the ChartMill technical rating of FOUNDER GROUP LTD-A (FGL) stock?
ChartMill assigns a technical rating of 0 / 10 to FGL.
What is the trend direction for FGL stock?
The current trend direction for FOUNDER GROUP LTD-A (FGL) is Bearish.
Can you provide the RSI signal for FOUNDER GROUP LTD-A?
FOUNDER GROUP LTD-A (FGL) has an RSI value of 30.1611. This indicates that the stock is currently neutral.
What is the MACD signal for FOUNDER GROUP LTD-A (FGL) stock?
The MACD indicator for FOUNDER GROUP LTD-A (FGL) has a value of -0.286631, indicating a bearish trend.
Can you provide the support and resistance levels for FOUNDER GROUP LTD-A?
FOUNDER GROUP LTD-A (FGL) has a resistance level at 7.15. Check the full technical report for our detailed analysis of FGL support and resistance levels.