FINWISE BANCORP (FINW) Technical Analysis
NASDAQ:FINW • US31813A1097
Taking everything into account, FINW scores 0 out of 10 in our technical rating. FINW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 78% of all other stocks performed better in the past year than FINW.
- FINW is one of the lesser performing stocks in the Banks industry. 91% of 381 stocks in the same industry do better.
- FINW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FINW is lagging the market.
- In the last month FINW has a been trading in the 15.91 - 18.16 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: FINW has an average volume of 20130 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of FINW 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
16.07
When analyzing the support we notice one important area.
- A support zone ranging from 16.23 to 16.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.42 to 17.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.25 to 18.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @19.35 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for FINW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FINW is down. |
| ChartMill Relative Strength | 22.45 | NEGATIVE | FINW has a low relative strength, it was outperformed by 77.55% 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) | DOWN | NEGATIVE | The current price of FINW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FINW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.04 | NEUTRAL | The RSI value for FINW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FINW has a negative trend. |
| Stochastics (14,3) | 18.61 | OVERSOLD | The low Stochastics value suggests FINW may be oversold. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for FINW suggests some volalility. |
| Average Directional Index/ADX (14) | 10.98 | NEGATIVE | The low ADX value for FINW suggests a weak or negative trend. |
FINW Technicals: Chart, Performance Metrics, Trend & Indicators
16.24
-0.13 (-0.79%)
FINWISE BANCORP / FINW FAQ
What is the ChartMill technical rating of FINWISE BANCORP (FINW) stock?
ChartMill assigns a technical rating of 0 / 10 to FINW.
Can you provide the trend direction for FINWISE BANCORP?
The current trend direction for FINWISE BANCORP (FINW) is Bearish.
What is the RSI signal for FINWISE BANCORP (FINW) stock?
FINWISE BANCORP (FINW) has an RSI value of 34.0364. This indicates that the stock is currently neutral.
What is the buy/sell signal for FINW stock?
The buy/sell signal for FINWISE BANCORP (FINW) is sell as both the short term and long term trends are negative.
What is the support and resistance level for FINW stock?
FINWISE BANCORP (FINW) has a support level at 16.23 and a resistance level at 17.42. Check the full technical report for our detailed analysis of FINW support and resistance levels.