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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FLYE has a been trading in the 1.92 - 2.57 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: FLYE has an average volume of 19616 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
FLYE Weekly and Daily overview Charts
FLYE Setup Rating and Analysis
Although the technical rating is bad, FLYE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.22. Right above this resistance zone may be a good entry point.
More info and screens
FLYE Support and Resistance Analysis
1.98
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.22 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 0.96 | NEGATIVE | FLYE has a low relative strength, it was outperformed by 99.04% 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) | 42.07 | NEUTRAL | The RSI value for FLYE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FLYE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27 | NEUTRAL | The Stochastics value for FLYE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.65 | HIGH VOLATILITY | The high ATR as a percentage value for FLYE suggests high volalility. |
| Average Directional Index/ADX (14) | 15.17 | NEGATIVE | The low ADX value for FLYE suggests a weak or negative trend. |
FLYE Chart- and CandleStick Pattern Analysis
FLYE Technicals: Chart, Performance Metrics, Trend & Indicators
2
-0.14 (-6.42%)
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.
Can you provide the RSI signal for FLY-E GROUP INC?
FLY-E GROUP INC (FLYE) has an RSI value of 42.0673. This indicates that the stock is currently neutral.
What is the MACD signal for FLY-E GROUP INC (FLYE) stock?
The MACD indicator for FLY-E GROUP INC (FLYE) has a value of 0.014468, indicating a bearish trend.
What is the short term momentum for FLYE stock?
The short term momentum for FLY-E GROUP INC (FLYE) is negative.