FLYWIRE CORP-VOTING (FLYW) Stock Technical Analysis
NASDAQ:FLYW - Nasdaq - US3024921039 - Common Stock - Currency: USD
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: 83% of all stocks are doing better.
FLYW is part of the Financial Services industry. There are 101 other stocks in this industry, of which 78% are performing better than FLYW.
FLYW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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 10.11 - 13.23 range, which is quite wide. It is currently trading near the high of this range.
FLYW has an average volume of 2585070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is only medium, FLYW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 11.71, a Stop Loss order could be placed below this zone.
More info and screens
10.44
17.77
2 important support areas can be observed.
- A support zone ranging from 11.32 to 11.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.55 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.38 to 12.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.59 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 | 17.45 | NEGATIVE | FLYW has a low relative strength, it was outperformed by 82.55% off all stocks 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 | NEGATIVE | The current price of FLYW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.07 | NEUTRAL | The RSI value for FLYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FLYW has a positive trend. |
| Stochastics (14,3) | 68.43 | NEUTRAL | The Stochastics value for FLYW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.71 | MEDIUM VOLATILITY | The ATR as a percentage value for FLYW suggests some volalility. |
| Average Directional Index/ADX (14) | 22.97 | NEUTRAL | The ADX value for FLYW suggests a possible start of a new 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)
12.37
+0.22 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.81%
1 Week4.92%
2 Weeks19.29%
1 Month14.11%
3 Month8.89%
6 Month-36.6%
12 Month-29.92%
2 Year-64.23%
3 Year-50.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.68
ATR(20)%4.71%
ATR Inc-38.81%
Range Today0.35
ADR(20)0.5
ADR(20)%4.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.45
Mansfield-2.46
10 Day High13.23
10 Day Low10.11
20 Day High13.23
20 Day Low10.11
52 Week High23.4
52 Week Low8.2
CS1 End11.71
CR1 Start12.38
Volume & EV
DER(3)1.12%
DER(5)1.44%
Volume1.75M
Volume Incr-21.84%
Vol(5)2.17M
Vol(50)2.59M