FG MERGER II CORP (FGMCR) Technical Analysis
NASDAQ:FGMCR
Current stock price
FGMCR Technical Rating and Analysis
Overall FGMCR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FGMCR is showing a nice and steady performance.
- 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.
- Warning: FGMCR has an average volume of 26102 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, FGMCR did better than 97% of all other stocks. We also observe that the gains produced by FGMCR over the past year are nicely spread over this period.
- FGMCR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FGMCR is lagging the market slightly.
- In the last month FGMCR has a been trading in the 0.42 - 0.62 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FGMCR Weekly and Daily overview Charts
FGMCR Setup Rating and Analysis
FGMCR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 0.52, a Stop Loss order could be placed below this zone.
More info and screens
FGMCR Support and Resistance Analysis
0.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.48 from a trend line in the weekly time frame.
- Support @0.46 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.57 from a trend line in the daily time frame.
FGMCR 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 | UP | POSITIVE | The long term trend for FGMCR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FGMCR is up. |
| ChartMill Relative Strength | 97.03 | POSITIVE | FGMCR has a high relative strength, it outperformed 97.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FGMCR is above 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) | 56.2 | NEUTRAL | The RSI value for FGMCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FGMCR has a positive trend. |
| Stochastics (14,3) | 68.35 | NEUTRAL | The Stochastics value for FGMCR is a neutral value. |
| Average True Range in percent/ATR (20) | 11.05 | HIGH VOLATILITY | The high ATR as a percentage value for FGMCR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.33 | NEGATIVE | The low ADX value for FGMCR suggests a weak or negative trend. |
FGMCR Chart- and CandleStick Pattern Analysis
FGMCR Example Setup
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 |
|---|---|---|---|
| 0.58 | 0.51 | 0.07 (12.07%) | 8.29% |
| An entry @0.58. This is a Buy Stop order right above the resistance zone. | An exit @0.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.07 points, which is 12.07%. | When investing 8.29% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of FGMCR. Please evaluate whether better entry and exit points can be found.
- 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.
FGMCR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FGMCR (5/1/2026, 8:26:58 PM)
0.57
+0.02 (+3.62%)
FG MERGER II CORP / FGMCR TA FAQ
Can you provide the ChartMill technical rating for FG MERGER II CORP?
ChartMill assigns a technical rating of 10 / 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.
What is the RSI signal for FGMCR stock?
FG MERGER II CORP (FGMCR) has an RSI value of 56.1984. This indicates that the stock is currently neutral.
What is the MACD signal for FGMCR stock?
The MACD indicator for FG MERGER II CORP (FGMCR) has a value of 0.00481068, indicating a bearish trend.
What is the buy/sell signal for FG MERGER II CORP (FGMCR) stock?
The buy/sell signal for FG MERGER II CORP (FGMCR) is buy as both the short term and long term trends are positive.