FIGMA INC-CL A (FIG) Stock Technical Analysis
NYSE:FIG - US3168411052 - Common Stock
54.86 USD
+0.3 (+0.55%)
54.66 USD
-0.2 (-0.36%)
We assign a technical rating of 7 out of 10 to FIG. In the last year, FIG was one of the better performers, but we do observe some doubts in the very recent evolution.
FIG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FIG has a been trading in the 50.49 - 91.00 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FIG is one of the better performing stocks in the Software industry, it outperforms 96% of 280 stocks in the same industry.
FIG has an average volume of 7928630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, FIG did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although FIG has an excellent technical rating, it does not offer a high 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
20.20
55.41
We found 5 important support areas.
- A support zone ranging from 54.55 to 54.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.22 from a horizontal line in the daily time frame.
- Support @21.75 from a horizontal line in the daily time frame.
- Support @20.88 from a horizontal line in the weekly time frame.
- Support @20.40 from a horizontal line in the weekly 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 FIG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FIG is neutral. |
| ChartMill Relative Strength | 98.18 | POSITIVE | FIG has a high relative strength, it outperformed 98.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.43 | NEUTRAL | The RSI value for FIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.92 | NEGATIVE | The MACD value suggests FIG has a negative trend. |
| Stochastics (14,3) | 12.93 | OVERSOLD | The low Stochastics value suggests FIG may be oversold. |
| Average True Range in percent/ATR (20) | 10.65 | HIGH VOLATILITY | The high ATR as a percentage value for FIG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.18 | POSITIVE | The high ADX value value for FIG suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
54.86
+0.3 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.55%
1 Week-23.01%
2 Weeks-24.6%
1 Month-29.88%
3 Month165.16%
6 Month161.58%
12 Month158.87%
2 Year141.36%
3 Year119.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.46
ATR(20)%10.65%
ATR Inc97.68%
Range Today4.47
ADR(20)5.07
ADR(20)%9.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.18
Mansfield7.69
10 Day High78
10 Day Low50.49
20 Day High91
20 Day Low50.49
52 Week High142.92
52 Week Low18.41
CS1 End54.85
CR1 StartN/A
Volume & EV
DER(3)1.21%
DER(5)-0.36%
Volume20.81M
Volume Incr14.53%
Vol(5)14.77M
Vol(50)7.93M