FIGS INC-CLASS A (FIGS) Stock Technical Analysis
NYSE:FIGS - New York Stock Exchange, Inc. - US30260D1037 - Common Stock - Currency: USD
Overall FIGS gets a technical rating of 8 out of 10. Both in the recent history as in the last year, FIGS has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
FIGS is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 81% of 50 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.
In the last month FIGS has a been trading in the 5.66 - 7.00 range, which is quite wide. It is currently trading near the high of this range.
FIGS has an average volume of 2132060 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 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although FIGS has an excellent technical rating, it does not offer a high 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
5.30
6.76
When analyzing the support we can see 2 important areas.
- Support @6.16 from a horizontal line in the daily time frame.
- Support @5.35 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.27 to 6.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.55 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.67 to 6.69. This zone is formed by a combination of multiple trend lines in the daily 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 FIGS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FIGS is neutral. |
| ChartMill Relative Strength | 84.04 | POSITIVE | FIGS has a high relative strength, it outperformed 84.04% 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) | DOWN | MIXED | The current price of FIGS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.21 | NEUTRAL | The RSI value for FIGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FIGS has a negative trend. |
| Stochastics (14,3) | 49.56 | NEUTRAL | The Stochastics value for FIGS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for FIGS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.54 | 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)
6.22
-0.33 (-5.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-5.04%
1 Week0.16%
2 Weeks-4.89%
1 Month3.67%
3 Month26.42%
6 Month16.92%
12 Month26.42%
2 Year0.65%
3 Year-46.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%4.86%
ATR Inc129.43%
Range Today0.93
ADR(20)0.29
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.04
Mansfield0.55
10 Day High7
10 Day Low6.07
20 Day High7
20 Day Low5.66
52 Week High7.06
52 Week Low3.57
CS1 End6.16
CR1 Start6.27
Volume & EV
DER(3)2%
DER(5)1.48%
Volume3.80M
Volume Incr41.84%
Vol(5)2.63M
Vol(50)2.13M