FMC CORP (FMC) Stock Technical Analysis
NYSE:FMC - US3024913036 - Common Stock
37.06 USD
-1.41 (-3.67%)
37.35 USD
+0.29 (+0.78%)
Overall FMC gets a technical rating of 0 out of 10. 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: 92% of all stocks are doing better.
FMC is part of the Chemicals industry. There are 83 other stocks in this industry, of which 79% are performing better than FMC.
FMC 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.
FMC has an average volume of 1703720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FMC has a been trading in the 34.98 - 40.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of FMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
34.18
43.64
When analyzing the support we can see 2 important areas.
- Support @35.44 from a horizontal line in the weekly time frame.
- 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 39.20 to 39.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 40.46 to 40.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.21 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 | 8.33 | NEGATIVE | FMC has a low relative strength, it was outperformed by 91.67% 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) | 38.52 | NEUTRAL | The RSI value for FMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.7 | NEUTRAL | The Stochastics value for FMC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for FMC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | NEGATIVE | The low ADX value for FMC 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)
37.06
-1.41 (-3.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-3.67%
1 Week-6.3%
2 Weeks-4.01%
1 Month-2.06%
3 Month-13.29%
6 Month-10.24%
12 Month-38.52%
2 Year-44.66%
3 Year-64.94%
5 Year-65.01%
10 Year9.29%
15 Year-45.83%
Volatility
ATR(14)1.05
ATR(20)%3.06%
ATR Inc39.4%
Range Today1.55
ADR(20)1.08
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.33
Mansfield-2.75
10 Day High40.84
10 Day Low36.96
20 Day High40.84
20 Day Low34.98
52 Week High67.75
52 Week Low32.83
CS1 End35.44
CR1 Start39.2
Volume & EV
DER(3)1.85%
DER(5)1.09%
Volume1.99M
Volume Incr-27.52%
Vol(5)1.44M
Vol(50)1.70M