FRANKLIN WIRELESS CORP (FKWL) Stock Technical Analysis
NASDAQ:FKWL - US3551841022 - Common Stock
4.28 USD
+0.07 (+1.66%)
4 USD
-0.28 (-6.54%)
Taking everything into account, FKWL scores 5 out of 10 in our technical rating. In the past year, FKWL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
FKWL is one of the lesser performing stocks in the Communications Equipment industry. 65% of 48 stocks in the same industry do better.
FKWL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: FKWL has an average volume of 15980 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month FKWL has a been trading in the 3.71 - 4.47 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, FKWL outperforms 44% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FKWL has an average technical rating and it also 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
3.71
4.39
We found 2 important support areas.
- A support zone ranging from 3.96 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 3.75 to 3.75. 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 4.29 to 4.35. 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 | NEUTRAL | NEUTRAL | The long term trend for FKWL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FKWL is up. |
| ChartMill Relative Strength | 44.57 | NEUTRAL | FKWL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FKWL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FKWL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FKWL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.04 | NEUTRAL | The RSI value for FKWL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FKWL has a positive trend. |
| Stochastics (14,3) | 74.56 | NEUTRAL | The Stochastics value for FKWL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for FKWL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.14 | POSITIVE | The high ADX value value for FKWL 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)
4.28
+0.07 (+1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.66%
1 Week7%
2 Weeks13.95%
1 Month7.54%
3 Month3.38%
6 Month-37.61%
12 Month3.13%
2 Year34.8%
3 Year48.47%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%3.42%
ATR Inc7.35%
Range Today0.12
ADR(20)0.14
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.57
Mansfield-1.67
10 Day High4.47
10 Day Low3.74
20 Day High4.47
20 Day Low3.71
52 Week High7.45
52 Week Low3.67
CS1 End4.02
CR1 Start4.29
Volume & EV
DER(3)-5.8%
DER(5)-7.26%
Volume11.10K
Volume Incr59.07%
Vol(5)26.78K
Vol(50)15.98K