Fg New America Acquisition Corp Cl A (FGNA) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FGNA -
Taking everything into account, FGNA scores 2 out of 10 in our technical rating. In the last year, FGNA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of FGNA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.86
When analyzing the support we notice one important area.
- A support zone ranging from 9.96 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.00 to 10.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.21 to 11.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FGNA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FGNA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | FGNA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FGNA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FGNA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.34 | NEUTRAL | The RSI value for FGNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FGNA has a negative trend. |
| Stochastics (14,3) | 45.09 | NEUTRAL | The Stochastics value for FGNA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.08 | MEDIUM VOLATILITY | The ATR as a percentage value for FGNA suggests some volalility. |
Fg New America Acquisition Corp Cl A
NYSE:FGNA (7/20/2021, 10:10:19 PM)
After market: 10 +0.03 (+0.3%)9.97
-0.08 (-0.8%)
Fg New America Acquisition Corp Cl A / FGNA FAQ
What is the ChartMill technical rating of Fg New America Acquisition Corp Cl A (FGNA) stock?
ChartMill assigns a technical rating of 2 / 10 to FGNA.
Can you provide the trend direction for Fg New America Acquisition Corp Cl A?
The current trend direction for Fg New America Acquisition Corp Cl A (FGNA) is Bullish.
What is the RSI signal for Fg New America Acquisition Corp Cl A (FGNA) stock?
Fg New America Acquisition Corp Cl A (FGNA) has an RSI value of 43.3421. This indicates that the stock is currently neutral.
What is the short term momentum for FGNA stock?
The short term momentum for Fg New America Acquisition Corp Cl A (FGNA) is neutral.