Firstmark Horizon Acquisition Corp [Fmac/W] (FMA.W) Stock Technical Analysis
NYSE:FMA.W - New York Stock Exchange, Inc. -
Overall FMA.W gets a technical rating of 2 out of 10. In the past year, FMA.W 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, FMA.W is a bad performer in the overall market: 89% of all stocks are doing better.
FMA.W 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 FMA.W has a been trading in the 0.32 - 0.75 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of FMA.W is bad and it also does not present a 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
0.38
1.54
We found 1 important support area.
- Support @0.38 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.41 to 1.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.52 from a horizontal line in the daily 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 FMA.W is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMA.W is neutral. |
| ChartMill Relative Strength | 11.05 | NEGATIVE | FMA.W has a low relative strength, it was outperformed by 88.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMA.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMA.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FMA.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.78 | NEUTRAL | The RSI value for FMA.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FMA.W has a positive trend. |
| Stochastics (14,3) | 67.44 | NEUTRAL | The Stochastics value for FMA.W is a neutral value. |
| Average True Range in percent/ATR (20) | 14 | HIGH VOLATILITY | The high ATR as a percentage value for FMA.W suggests high volalility. |
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)
Firstmark Horizon Acquisition Corp [Fmac/W]
NYSE:FMA.W (3/28/2022, 8:04:01 PM)
After market: 0.739 +0.01 (+1.95%)0.7249
+0.26 (+57.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg57.48%
1 Week72.68%
2 Weeks62.13%
1 Month46.47%
3 Month-27.5%
6 Month-40.09%
12 Month-56.85%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%14%
ATR Inc117.76%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.05
Mansfield-3.88
10 Day High0.75
10 Day Low0.39
20 Day High0.75
20 Day Low0.32
52 Week High1.82
52 Week Low0.32
CS1 End0.38
CR1 Start1.41
Volume & EV
DER(3)-9.68%
DER(5)0.27%
Volume619.70K
Volume Incr171.84%
Vol(5)287.42K
Vol(50)158.06K