FMC CORP (FMC) Stock Technical Analysis
NYSE:FMC - New York Stock Exchange, Inc. - US3024913036 - Common Stock - Currency: USD
Taking everything into account, FMC scores 0 out of 10 in our technical rating. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, FMC is a bad performer in the overall market: 93% of all stocks are doing better.
FMC is part of the Chemicals industry. There are 85 other stocks in this industry, of which 79% are performing better than FMC.
FMC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FMC has a been trading in the 34.98 - 43.97 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FMC has an average volume of 1862660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of FMC 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
34.18
44.89
When analyzing the support we notice one important area.
- A support zone ranging from 34.53 to 34.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 41.52 to 42.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @43.21 from a horizontal line in the daily time frame.
- Resistance @44.45 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 FMC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMC is down. |
| ChartMill Relative Strength | 7.92 | NEGATIVE | FMC has a low relative strength, it was outperformed by 92.08% 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) | 24.88 | OVERSOLD | The low RSI value suggests FMC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests FMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.55 | OVERSOLD | The low Stochastics value suggests FMC may be oversold. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for FMC suggests some volalility. |
| Average Directional Index/ADX (14) | 32.66 | POSITIVE | The high ADX value value for FMC 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)
35.15
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.06%
1 Week-7.11%
2 Weeks-16.45%
1 Month-15.04%
3 Month-12.17%
6 Month-4.01%
12 Month-44.38%
2 Year-59.24%
3 Year-67.48%
5 Year-67.11%
10 Year-16.92%
15 Year-43.56%
Volatility
ATR(14)1.51
ATR(20)%3.77%
ATR Inc-37.17%
Range Today0.79
ADR(20)1.3
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.92
Mansfield-3.36
10 Day High42.77
10 Day Low34.98
20 Day High43.97
20 Day Low34.98
52 Week High67.75
52 Week Low32.83
CS1 End34.54
CR1 Start41.52
Volume & EV
DER(3)-2.4%
DER(5)-2.61%
Volume2.08M
Volume Incr12.43%
Vol(5)2.02M
Vol(50)1.86M