NYSEARCA:FIAT - NYSE Arca - US88636J4774 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to FIAT. FIAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of FIAT 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.
3.38
We can see 2 important resistance areas.
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 FIAT is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FIAT is down. |
ChartMill Relative Strength | 0 | NEGATIVE | FIAT 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 FIAT is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FIAT is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FIAT is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 21.53 | OVERSOLD | The low RSI value suggests FIAT may be oversold. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FIAT has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 6.68 | OVERSOLD | The low Stochastics value suggests FIAT may be oversold. |
Average True Range in percent/ATR (20) | 7 | HIGH VOLATILITY | The high ATR as a percentage value for FIAT suggests high volalility. |
Average Directional Index/ADX (14) | 47.51 | POSITIVE | The high ADX value value for FIAT suggests a strong trend. |
3.41
+0.16 (+4.92%)