FIGS INC-CLASS A (FIGS) Stock Technical Analysis
USA - NYSE:FIGS - US30260D1037 - Common Stock
7.46 USD
-0.33 (-4.24%)
7.46 USD
0 (0%)
Overall FIGS gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FIGS is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
FIGS is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 74% of 48 stocks in the same industry.
FIGS 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 FIGS is lagging the market slightly.
FIGS has an average volume of 1739140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FIGS is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month FIGS has a been trading in the 6.77 - 8.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although FIGS has an excellent technical rating, it does not present a decent entry opportunity 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
6.49
8.37
We found 3 important support areas.
- A support zone ranging from 7.09 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.97 from a trend line in the daily time frame.
- A support zone ranging from 6.56 to 6.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.24 to 8.29. 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 FIGS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FIGS is neutral. |
| ChartMill Relative Strength | 79.08 | POSITIVE | FIGS has a high relative strength, it outperformed 79.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FIGS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FIGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FIGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.5 | NEUTRAL | The RSI value for FIGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FIGS has a negative trend. |
| Stochastics (14,3) | 48.79 | NEUTRAL | The Stochastics value for FIGS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for FIGS suggests some volalility. |
| Average Directional Index/ADX (14) | 32.58 | POSITIVE | The high ADX value value for FIGS 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)
7.46
-0.33 (-4.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-4.24%
1 Week-9.36%
2 Weeks-5.09%
1 Month4.92%
3 Month20.13%
6 Month65.04%
12 Month19.36%
2 Year35.39%
3 Year1.08%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%3.83%
ATR Inc-1%
Range Today0.36
ADR(20)0.27
ADR(20)%3.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.08
3 months CRS82.73
6 months CRS89.97
Mansfield1.78
10 Day High8.49
10 Day Low7.39
20 Day High8.49
20 Day Low6.77
52 Week High8.49
52 Week Low3.57
CS1 End7.27
CR1 Start8.24
Volume & EV
DER(3)1.67%
DER(5)-1.66%
Volume1.43M
Volume Incr12.76%
Vol(5)1.70M
Vol(50)1.74M
FIGS INC-CLASS A / FIGS FAQ
Can you provide the ChartMill technical rating for FIGS INC-CLASS A?
ChartMill assigns a technical rating of 7 / 10 to FIGS.
What is the trend direction for FIGS stock?
The current trend direction for FIGS INC-CLASS A (FIGS) is Bullish.
What is the RSI signal for FIGS INC-CLASS A (FIGS) stock?
FIGS INC-CLASS A (FIGS) has an RSI value of 47.5015. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FIGS INC-CLASS A?
The short term momentum for FIGS INC-CLASS A (FIGS) is neutral.