FMC CORP (FMC) Technical Analysis
NYSE:FMC • US3024913036
Current stock price
FMC Technical Rating and Analysis
Overall FMC gets a technical rating of 5 out of 10. In the past year, FMC 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.
- When comparing the yearly performance of all stocks, FMC is a bad performer in the overall market: 87% of all stocks are doing better.
- FMC is one of the lesser performing stocks in the Chemicals industry. 86% of 82 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.
- In the last month FMC has a been trading in the 13.04 - 18.29 range, which is quite wide. It is currently trading near the high of this range.
- FMC has an average volume of 4234800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Considerably lower volume is observed in the last couple of days.
FMC Weekly and Daily overview Charts
FMC Setup Rating and Analysis
FMC has an average technical rating and it also does not offer a high 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
FMC Support and Resistance Analysis
12.97
2 important support areas can be observed.
- A support zone ranging from 17.21 to 17.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.10 to 13.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.50 to 17.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.07 from a horizontal line in the daily time frame.
- Resistance @21.83 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 | UP | POSITIVE | The short term trend for FMC is up. |
| ChartMill Relative Strength | 13.98 | NEGATIVE | FMC has a low relative strength, it was outperformed by 86.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMC is above the rising 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) | 59.92 | NEUTRAL | The RSI value for FMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FMC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.06 | OVERBOUGHT | The high Stochastics value suggests FMC may be overbought. |
| Average True Range in percent/ATR (20) | 5.06 | HIGH VOLATILITY | The high ATR as a percentage value for FMC suggests high volalility. |
| Average Directional Index/ADX (14) | 31.41 | POSITIVE | The high ADX value value for FMC suggests a strong trend. |
FMC Chart- and CandleStick Pattern Analysis
FMC Technicals: Chart, Performance Metrics, Trend & Indicators
17.42
-0.65 (-3.6%)
FMC CORP / FMC TA FAQ
What is the ChartMill technical rating of FMC CORP (FMC) stock?
ChartMill assigns a technical rating of 5 / 10 to FMC.
What is the current trend direction of FMC CORP (FMC) stock?
The current trend direction for FMC CORP (FMC) is Bearish.
What is the RSI signal for FMC CORP (FMC) stock?
FMC CORP (FMC) has an RSI value of 59.9172. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FMC CORP?
The short term momentum for FMC CORP (FMC) is positive.
What is the support and resistance level for FMC stock?
FMC CORP (FMC) has a support level at 17.41 and a resistance level at 17.5. Check the full technical report for our detailed analysis of FMC support and resistance levels.