FRANKLIN WIRELESS CORP (FKWL)
US3551841022 - Common Stock
Taking everything into account, FKWL scores 2 out of 10 in our technical rating. In the past year, FKWL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
81% of all other stocks performed better in the past year than FKWL.
FKWL 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 FKWL is lagging the market.
Warning: FKWL has an average volume of 14100 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
FKWL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
FKWL is part of the Communications Equipment industry. There are 54 other stocks in this industry, FKWL did better than 43% of them.
In the last month FKWL has a been trading in a tight range between 2.90 and 3.02.
Although the technical rating is bad, FKWL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.96, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FKWL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.77
3.43
2 important support areas can be observed.
- A support zone ranging from 2.91 to 2.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.80 to 2.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @2.99 from a horizontal line in the daily time frame.
- Resistance @3.17 from a trend line in the weekly time frame.
- Resistance @3.23 from a trend line in the daily time frame.
- A resistance zone ranging from 3.40 to 3.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.63
Mansfield-1.61
10 Day High3.02
10 Day Low2.92
20 Day High3.02
20 Day Low2.9
52 Week High3.99
52 Week Low2.69
Performance
1 Week1.37%
2 Weeks0.34%
1 Month-0.67%
3 Month-3.26%
6 Month2.77%
12 Month-25.56%
2 Year-13.41%
3 Year-77.48%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)54.38
LBB2.91
UBB3.01
FRANKLIN WIRELESS CORP
NASDAQ:FKWL (4/26/2024, 7:00:00 PM)
2.97
-0.02 (-0.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.67%
1 Week1.37%
2 Weeks0.34%
1 Month-0.67%
3 Month-3.26%
6 Month2.77%
12 Month-25.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%1.83%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.02
10 Day Low2.92
20 Day High3.02
20 Day Low2.9
52 Week High3.99
52 Week Low2.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.90K
Volume Incr-82.12%
Vol(5)3.20K
Vol(50)14.10K