FMC CORP (FMC) Technical Analysis
NYSE:FMC • US3024913036
Current stock price
FMC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FMC. FMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, FMC is a bad performer in the overall market: 90% of all stocks are doing better.
- FMC is part of the Chemicals industry. There are 83 other stocks in this industry, of which 87% are performing better than FMC.
- FMC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FMC is lagging the market.
- In the last month FMC has a been trading in the 13.30 - 15.11 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- FMC has an average volume of 4216390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FMC Weekly and Daily overview Charts
FMC Setup Rating and Analysis
FMC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.56. Right above this resistance zone may be a good entry point.
More info and screens
FMC Support and Resistance Analysis
13.53
When analyzing the support we can see 2 important areas.
- Support @13.92 from a trend line in the daily time frame.
- Support @13.67 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.56 to 14.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.02 from a trend line in the weekly time frame.
- Resistance @24.80 from a trend line in the weekly time frame.
FMC Technical Indicator Signal Analysis
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 FMC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FMC is neutral. |
| ChartMill Relative Strength | 10.96 | NEGATIVE | FMC has a low relative strength, it was outperformed by 89.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FMC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FMC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.62 | NEUTRAL | The RSI value for FMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.49 | NEUTRAL | The Stochastics value for FMC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for FMC suggests high volalility. |
| Average Directional Index/ADX (14) | 12.13 | NEGATIVE | The low ADX value for FMC suggests a weak or negative trend. |
FMC Chart- and CandleStick Pattern Analysis
FMC Technicals: Chart, Performance Metrics, Trend & Indicators
13.93
-0.62 (-4.26%)
FMC CORP / FMC TA FAQ
What is the ChartMill technical rating of FMC CORP (FMC) stock?
ChartMill assigns a technical rating of 0 / 10 to FMC.
Can you provide the trend direction for FMC CORP?
The current trend direction for FMC CORP (FMC) is Bearish.
What is the RSI signal for FMC stock?
FMC CORP (FMC) has an RSI value of 45.6237. This indicates that the stock is currently neutral.
What is the MACD signal for FMC stock?
The MACD indicator for FMC CORP (FMC) has a value of 0.0389219, indicating a bearish trend.