FLYWIRE CORP-VOTING (FLYW) Stock Technical Analysis
USA - NASDAQ:FLYW - US3024921039 - Common Stock
13.31 USD
-0.19 (-1.41%)
12.97 USD
-0.34 (-2.55%)
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.
When comparing the yearly performance of all stocks, FLYW is a bad performer in the overall market: 75% 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.
FLYW has an average volume of 1786510 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 53% of 99 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.
In the last month FLYW has a been trading in the 12.36 - 13.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
11.61
16.35
We found 3 important support areas.
- A support zone ranging from 12.77 to 13.16. 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 11.73 to 11.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 13.63 to 13.75. 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 | 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. |
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 |
|---|---|---|---|
| 13.76 | 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. |
- 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.
13.31
-0.19 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg-1.41%
1 Week4.31%
2 Weeks2.94%
1 Month0.08%
3 Month13.86%
6 Month48.88%
12 Month-23.15%
2 Year-50.5%
3 Year-39.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%3.27%
ATR Inc-1.8%
Range Today0.29
ADR(20)0.43
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.38
3 months CRS82.07
6 months CRS85.58
Mansfield-1.57
10 Day High13.86
10 Day Low12.36
20 Day High13.89
20 Day Low12.36
52 Week High23.4
52 Week Low8.2
CS1 End13.16
CR1 Start13.63
Volume & EV
DER(3)-2.74%
DER(5)-2.98%
Volume975.30K
Volume Incr-21.94%
Vol(5)1.32M
Vol(50)1.79M