FLY-E GROUP INC (FLYE) Technical Analysis
NASDAQ:FLYE • US3439273075
Current stock price
FLYE Technical Rating and Analysis
Overall FLYE gets a technical rating of 0 out of 10. FLYE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than FLYE.
- FLYE is one of the lesser performing stocks in the Automobiles industry. 85% of 35 stocks in the same industry do better.
- FLYE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FLYE is lagging the market.
- In the last month FLYE has a been trading in the 1.80 - 2.93 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
FLYE Weekly and Daily overview Charts
FLYE Setup Rating and Analysis
FLYE 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 very little resistance above the current price.
More info and screens
FLYE Support and Resistance Analysis
1.92
When analyzing the resistance we notice 2 important areas.
- Resistance @2.19 from a horizontal line in the daily time frame.
- Resistance @3.13 from a trend line in the weekly time frame.
FLYE Technical Indicator Signal Analysis
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 FLYE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FLYE is down. |
| ChartMill Relative Strength | 0.77 | NEGATIVE | FLYE has a low relative strength, it was outperformed by 99.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FLYE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLYE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FLYE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.74 | OVERSOLD | The low RSI value suggests FLYE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests FLYE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.65 | NEUTRAL | The Stochastics value for FLYE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.04 | HIGH VOLATILITY | The high ATR as a percentage value for FLYE suggests high volalility. |
| Average Directional Index/ADX (14) | 40.1 | POSITIVE | The high ADX value value for FLYE suggests a strong trend. |
FLYE Chart- and CandleStick Pattern Analysis
FLYE Technicals: Chart, Performance Metrics, Trend & Indicators
1.94
+0.02 (+1.04%)
FLY-E GROUP INC / FLYE TA FAQ
What is the ChartMill technical rating of FLY-E GROUP INC (FLYE) stock?
ChartMill assigns a technical rating of 0 / 10 to FLYE.
What is the current trend direction of FLY-E GROUP INC (FLYE) stock?
The current trend direction for FLY-E GROUP INC (FLYE) is Bearish.
What is the RSI signal for FLY-E GROUP INC (FLYE) stock?
FLY-E GROUP INC (FLYE) has an RSI value of 29.7416. This indicates that the stock is currently oversold.
What is the short term momentum for FLYE stock?
The short term momentum for FLY-E GROUP INC (FLYE) is negative.
What is the buy/sell signal for FLYE stock?
The buy/sell signal for FLY-E GROUP INC (FLYE) is sell as both the short term and long term trends are negative.