FINWISE BANCORP (FINW) Stock Technical Analysis
NASDAQ:FINW • US31813A1097
Overall FINW gets a technical rating of 1 out of 10. 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.
- 77% of all other stocks performed better in the past year than FINW.
- FINW is part of the Banks industry. There are 381 other stocks in this industry, of which 92% are performing better than FINW.
- In the last month FINW has a been trading in the 17.23 - 19.04 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: FINW has an average volume of 24696 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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.
- Considerably lower volume is observed in the last couple of days.
FINW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.35, a Stop Loss order could be placed below this zone.
More info and screens
16.50
We found 2 important support areas.
- A support zone ranging from 17.35 to 17.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.67 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 17.51 to 17.92. 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 @18.86 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for FINW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FINW is neutral. |
| ChartMill Relative Strength | 23.14 | NEGATIVE | FINW has a low relative strength, it was outperformed by 76.86% 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) | 43.59 | NEUTRAL | The RSI value for FINW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FINW has a negative trend. |
| Stochastics (14,3) | 9.49 | OVERSOLD | The low Stochastics value suggests FINW may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for FINW suggests some volalility. |
| Average Directional Index/ADX (14) | 6.46 | NEGATIVE | The low ADX value for FINW suggests a weak or negative trend. |
17.36
-0.12 (-0.69%)
FINWISE BANCORP / FINW FAQ
What is the ChartMill technical rating of FINWISE BANCORP (FINW) stock?
ChartMill assigns a technical rating of 1 / 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 43.5865. This indicates that the stock is currently neutral.
What is the support and resistance level for FINW stock?
FINWISE BANCORP (FINW) has a support level at 17.35 and a resistance level at 17.51. Check the full technical report for our detailed analysis of FINW support and resistance levels.