FLYWIRE CORP-VOTING (FLYW) Stock Technical Analysis
NASDAQ:FLYW - Nasdaq - US3024921039 - Common Stock - Currency: USD
Taking everything into account, FLYW scores 4 out of 10 in our technical rating. In the past year, FLYW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, FLYW is a bad performer in the overall market: 66% of all stocks are doing better.
FLYW is one of the lesser performing stocks in the Financial Services industry. 60% of 100 stocks in the same industry do better.
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.
In the last month FLYW has a been trading in the 9.96 - 12.02 range, which is quite wide. It is currently trading near the high of this range.
FLYW has an average volume of 2639710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
FLYW has an average technical rating and it also does not offer a high 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
10.39
18.61
3 important support areas can be observed.
- A support zone ranging from 11.23 to 11.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.97 to 11.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.49 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 11.84 to 11.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.23 from a trend line in the weekly time frame.
- Resistance @18.43 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 | DOWN | NEGATIVE | The long term trend for FLYW is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FLYW is up. |
| ChartMill Relative Strength | 34.58 | 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 | NEGATIVE | The current price of FLYW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.61 | NEUTRAL | The RSI value for FLYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FLYW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.75 | OVERBOUGHT | The high Stochastics value suggests FLYW may be overbought. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for FLYW suggests some volalility. |
| Average Directional Index/ADX (14) | 28.6 | POSITIVE | The high ADX value value for FLYW suggests a strong 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)
11.83
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week4.32%
2 Weeks8.23%
1 Month18.3%
3 Month30%
6 Month-42.15%
12 Month-26.2%
2 Year-65.35%
3 Year-49.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%3.16%
ATR Inc-34.72%
Range Today0.22
ADR(20)0.36
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.58
Mansfield-3.06
10 Day High12.02
10 Day Low10.66
20 Day High12.02
20 Day Low9.97
52 Week High23.4
52 Week Low8.2
CS1 End11.44
CR1 Start11.84
Volume & EV
DER(3)2.63%
DER(5)4.41%
Volume818.80K
Volume Incr-10.73%
Vol(5)2.28M
Vol(50)2.64M