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: 91% of all stocks are doing better.
FMC is one of the lesser performing stocks in the Chemicals industry. 75% of 85 stocks in the same industry do better.
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 is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
FMC has an average volume of 1825570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FMC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 34.54, a Stop Loss order could be placed below this zone.
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.
4 important resistance areas can be observed.
- A resistance zone ranging from 37.47 to 37.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.15 from a trend line 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 | 9.32 | NEGATIVE | FMC has a low relative strength, it was outperformed by 90.68% 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) | 40.93 | NEUTRAL | The RSI value for FMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.38 | NEUTRAL | The Stochastics value for FMC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for FMC suggests some volalility. |
| Average Directional Index/ADX (14) | 31.57 | 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)
37.46
+0.16 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.43%
1 Week4.67%
2 Weeks-1.45%
1 Month-10.87%
3 Month-6.4%
6 Month2.29%
12 Month-40.73%
2 Year-56.56%
3 Year-65.34%
5 Year-64.94%
10 Year-11.46%
15 Year-39.85%
Volatility
ATR(14)1.51
ATR(20)%3.78%
ATR Inc-44.47%
Range Today0.57
ADR(20)1.37
ADR(20)%3.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.32
Mansfield-2.94
10 Day High38.47
10 Day Low34.98
20 Day High43.97
20 Day Low34.98
52 Week High67.75
52 Week Low32.83
CS1 End34.54
CR1 Start37.47
Volume & EV
DER(3)1.14%
DER(5)0.1%
Volume1.25M
Volume Incr-3.87%
Vol(5)1.77M
Vol(50)1.83M