FLYWIRE CORP-VOTING (FLYW) Stock Technical Analysis
USA - NASDAQ:FLYW - US3024921039 - Common Stock
13.77 USD
+0.46 (+3.46%)
13.77 USD
0 (0%)
Taking everything into account, FLYW scores 6 out of 10 in our technical rating. FLYW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, FLYW is a bad performer in the overall market: 69% 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 12.36 - 14.02 range, which is quite wide. It is currently trading near the high of this range.
FLYW has an average volume of 1789040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FLYW is part of the Financial Services industry. There are 99 other stocks in this industry, FLYW did better than 55% of them.
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.
FLYW has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.78. Right above this resistance zone may be a good entry point.
More info and screens
11.63
16.35
We found 4 important support areas.
- Support @13.74 from a horizontal line in the daily time frame.
- A support zone ranging from 12.84 to 13.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.55 to 12.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.75 to 11.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 13.78 to 13.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.19 from a trend line in the weekly 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 | 31.09 | NEUTRAL | FLYW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FLYW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FLYW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FLYW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.6 | NEUTRAL | The RSI value for FLYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FLYW has a positive trend. |
| Stochastics (14,3) | 74.76 | NEUTRAL | The Stochastics value for FLYW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for FLYW suggests some volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for FLYW suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.79 | 13.73 | 0.06 (0.44%) | 25.00% |
| An entry @13.79. This is a Buy Stop order right above the resistance zone. | An exit @13.73. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.06 points, which is 0.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- The distance between exit and entry is rather small compared to the average daily movement of FLYW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.77
+0.46 (+3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg3.46%
1 Week6.33%
2 Weeks9.55%
1 Month1.1%
3 Month17.79%
6 Month54.03%
12 Month-20.5%
2 Year-48.79%
3 Year-37.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%3.21%
ATR Inc6.86%
Range Today0.45
ADR(20)0.43
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.09
3 months CRS84.23
6 months CRS86.54
Mansfield-1.36
10 Day High14.02
10 Day Low12.36
20 Day High14.02
20 Day Low12.36
52 Week High23.4
52 Week Low8.2
CS1 End13.74
CR1 Start13.78
Volume & EV
DER(3)-2.16%
DER(5)-1.86%
Volume2.05M
Volume Incr-9.94%
Vol(5)1.41M
Vol(50)1.79M
FLYWIRE CORP-VOTING / FLYW FAQ
What is the ChartMill technical rating of FLYWIRE CORP-VOTING (FLYW) stock?
ChartMill assigns a technical rating of 6 / 10 to FLYW.
What is the current trend direction of FLYWIRE CORP-VOTING (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 60.5968. This indicates that the stock is currently neutral.
What is the MACD signal for FLYW stock?
The MACD indicator for FLYWIRE CORP-VOTING (FLYW) has a value of 0.0633143, indicating a bearish trend.