FIGMA INC-CL A (FIG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FIG - US3168411052 - Common Stock
We assign a technical rating of 0 out of 10 to FIG. FIG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 100% of all other stocks performed better in the past year than FIG.
- FIG is part of the Software industry. There are 277 other stocks in this industry, of which 90% are performing better than FIG.
- In the last month FIG has a been trading in the 26.79 - 39.37 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.
- FIG has an average volume of 6745740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of FIG 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
28.14
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 | NEUTRAL | NEUTRAL | The long term trend for FIG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FIG is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FIG 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 FIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FIG is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 25.6 | OVERSOLD | The low RSI value suggests FIG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests FIG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.26 | OVERSOLD | The low Stochastics value suggests FIG may be oversold. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for FIG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.05 | POSITIVE | The high ADX value value for FIG suggests a strong trend. |
28.42
+1.35 (+4.99%)
FIGMA INC-CL A / FIG FAQ
What is the technical rating for FIG stock?
ChartMill assigns a technical rating of 0 / 10 to FIG.
What is the current trend direction of FIGMA INC-CL A (FIG) stock?
The current trend direction for FIGMA INC-CL A (FIG) is Bearish.
What is the RSI signal for FIGMA INC-CL A (FIG) stock?
FIGMA INC-CL A (FIG) has an RSI value of 25.6022. This indicates that the stock is currently oversold.
Can you provide the MACD signal for FIGMA INC-CL A?
The MACD indicator for FIGMA INC-CL A (FIG) has a value of -0.876745, indicating a bearish trend.