FLYWIRE CORP-VOTING (FLYW) Stock Technical Analysis
NASDAQ:FLYW • US3024921039
Taking everything into account, FLYW scores 2 out of 10 in our technical rating. FLYW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, FLYW is a bad performer in the overall market: 70% of all stocks are doing better.
- 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 FLYW has a been trading in the 10.55 - 12.98 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.
- FLYW has an average volume of 1468420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FLYW is an average performer in the Financial Services industry, it outperforms 58% of 98 stocks in the same industry.
- FLYW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FLYW is lagging 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.
The technical rating of FLYW is bad and it also does not present a 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
10.52
We found 2 important support areas.
- Support @10.96 from a horizontal line in the weekly time frame.
- A support zone ranging from 10.63 to 10.65. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.70 to 13.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.91 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 FLYW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLYW is up. |
| ChartMill Relative Strength | 30.55 | NEUTRAL | FLYW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FLYW is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FLYW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FLYW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.78 | NEUTRAL | The RSI value for FLYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests FLYW has a positive trend. |
| Stochastics (14,3) | 88.74 | OVERBOUGHT | The high Stochastics value suggests FLYW may be overbought. |
| Average True Range in percent/ATR (20) | 4.98 | MEDIUM VOLATILITY | The ATR as a percentage value for FLYW suggests some volalility. |
| Average Directional Index/ADX (14) | 37.47 | POSITIVE | The high ADX value value for FLYW suggests a strong trend. |
12.31
-0.55 (-4.28%)
FLYWIRE CORP-VOTING / FLYW FAQ
What is the ChartMill technical rating of FLYWIRE CORP-VOTING (FLYW) stock?
ChartMill assigns a technical rating of 2 / 10 to FLYW.
What is the trend direction for FLYW stock?
The current trend direction for FLYWIRE CORP-VOTING (FLYW) is Bearish.
What is the RSI signal for FLYW stock?
FLYWIRE CORP-VOTING (FLYW) has an RSI value of 52.7778. This indicates that the stock is currently neutral.
What is the support and resistance level for FLYW stock?
FLYWIRE CORP-VOTING (FLYW) has a support level at 10.96 and a resistance level at 12.7. Check the full technical report for our detailed analysis of FLYW support and resistance levels.