USA - NASDAQ:FLYW - US3024921039 - Common Stock
We assign a technical rating of 6 out of 10 to FLYW. 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.
Although the technical rating is only medium, FLYW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.16, a Stop Loss order could be placed below this zone.
11.61
We found 3 important support areas.
We can see 2 important resistance areas.
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 | 25.38 | NEGATIVE | FLYW has a low relative strength, it was outperformed by 74.62% 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 | MIXED | The current price of FLYW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.97 | NEUTRAL | The RSI value for FLYW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FLYW has a positive trend. |
| Stochastics (14,3) | 70.43 | NEUTRAL | The Stochastics value for FLYW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.27 | MEDIUM VOLATILITY | The ATR as a percentage value for FLYW suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for FLYW suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 13.76 | 12.76 | 1.00 (7.27%) | 13.76% |
| An entry @13.76. This is a Buy Stop order right above the resistance zone. | An exit @12.76. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.00 points, which is 7.27%. | For a 1.00% total portfolio risk, you can invest 13.76% of your capital in this trade. |
13.31
-0.19 (-1.41%)