FINWISE BANCORP (FINW) Stock Technical Analysis
USA - NASDAQ:FINW - US31813A1097 - Common Stock
18.44 USD
-1.93 (-9.47%)
18.44 USD
0 (0%)
Taking everything into account, FINW scores 6 out of 10 in our technical rating. FINW has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Warning: FINW has an average volume of 17206 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
FINW is one of the better performing stocks in the Banks industry, it outperforms 83% of 392 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that FINW is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FINW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FINW is lagging the market.
In the last month FINW has a been trading in the 17.86 - 22.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FINW has an average technical rating and the quality of the presented setup is also not ideal 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
13.65
20.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 18.43 to 18.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.26 from a trend line in the weekly time frame.
- Support @14.69 from a trend line in the weekly time frame.
- Support @13.79 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 20.06 to 20.37. This zone is formed by a combination of multiple trend lines and important moving averages 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 FINW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FINW is neutral. |
| ChartMill Relative Strength | 76.74 | POSITIVE | FINW has a high relative strength, it outperformed 76.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FINW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FINW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FINW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for FINW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests FINW has a negative trend. |
| Stochastics (14,3) | 34.77 | NEUTRAL | The Stochastics value for FINW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for FINW suggests high volalility. |
| Average Directional Index/ADX (14) | 28.17 | POSITIVE | The high ADX value value for FINW 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)
18.44
-1.93 (-9.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-9.47%
1 Week-11.3%
2 Weeks-18.01%
1 Month-4.7%
3 Month17.68%
6 Month28.06%
12 Month14.46%
2 Year116.94%
3 Year101.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.33
ATR(20)%5.97%
ATR Inc63.6%
Range Today2.09
ADR(20)1.05
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.74
Mansfield-0.3
10 Day High21.92
10 Day Low17.86
20 Day High22.49
20 Day Low17.86
52 Week High22.49
52 Week Low13.49
CS1 End18.43
CR1 Start20.06
Volume & EV
DER(3)1.34%
DER(5)-0.76%
Volume21.60K
Volume Incr49.77%
Vol(5)21.56K
Vol(50)17.21K