FG MERGER II CORP (FGMCR) Stock Technical Analysis
NASDAQ:FGMCR
Taking everything into account, FGMCR scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FGMCR is a bad performer.
- When comparing the yearly performance of all stocks, FGMCR is a bad performer in the overall market: 100% of all stocks are doing better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month FGMCR has a been trading in the 0.46 - 0.65 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.
FGMCR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
0.42
We found 3 important support areas.
- A support zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.42 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.56 to 0.56. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for FGMCR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FGMCR is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | FGMCR has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FGMCR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FGMCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FGMCR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.28 | NEUTRAL | The RSI value for FGMCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FGMCR has a negative trend. |
| Stochastics (14,3) | 44.18 | NEUTRAL | The Stochastics value for FGMCR is a neutral value. |
| Average True Range in percent/ATR (20) | 9.68 | HIGH VOLATILITY | The high ATR as a percentage value for FGMCR suggests high volalility. |
| Average Directional Index/ADX (14) | 30.06 | POSITIVE | The high ADX value value for FGMCR suggests a strong trend. |
NASDAQ:FGMCR (2/17/2026, 8:14:43 PM)
0.535
-0.01 (-2.35%)
FG MERGER II CORP / FGMCR FAQ
Can you provide the ChartMill technical rating for FG MERGER II CORP?
ChartMill assigns a technical rating of 6 / 10 to FGMCR.
Can you provide the trend direction for FG MERGER II CORP?
The current trend direction for FG MERGER II CORP (FGMCR) is Bullish.
Can you provide the RSI signal for FG MERGER II CORP?
FG MERGER II CORP (FGMCR) has an RSI value of 49.2773. This indicates that the stock is currently neutral.
What is the short term momentum for FG MERGER II CORP (FGMCR) stock?
The short term momentum for FG MERGER II CORP (FGMCR) is neutral.
What is the support and resistance level for FGMCR stock?
FG MERGER II CORP (FGMCR) has a support level at 0.53 and a resistance level at 0.56. Check the full technical report for our detailed analysis of FGMCR support and resistance levels.