Forum Merger II Corp Cl A (FMCI)

24.07  -2.11 (-8.06%)

After market: 24.15 +0.08 (+0.33%)

Technical Rating and Analysis

9

Taking everything into account, FMCI scores 9 out of 10 in our technical rating. In the last year, FMCI was one of the better performers, but we do observe some doubts in the very recent evolution.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, FMCI did better than 96% of all other stocks. We also observe that the gains produced by FMCI over the past year are nicely spread over this period.
FMCI is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FMCI is performing more or less in line with the market.
In the last month FMCI has a been trading in the 16.07 - 28.64 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.
FMCI has an average volume of 1726190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
FMCI Weekly chart
FMCI Daily chart
Setup Rating and Analysis

5

FMCI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 22.29, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

10.11

26.44

5 important support areas can be observed.

  • A support zone ranging from 22.29 to 22.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 20.89 to 21.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.33 from a trend line in the daily time frame.
  • Support @15.13 from a trend line in the weekly time frame.
  • Support @10.21 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @26.18 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.89
Mansfield6.16
10 Day High26.39
10 Day Low20.93
20 Day High28.64
20 Day Low16.07
52 Week High28.64
52 Week Low9.76
Performance
1 Week-1.23%
2 Weeks0.42%
1 Month-11.51%
3 Month67.39%
6 Month131.89%
12 Month138.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)52.52
LBB21.39
UBB26.61
FMCI Daily chart

Forum Merger II Corp Cl A

NASDAQ:FMCI (10/15/2020, 7:00:01 PM)

After market: 24.15 +0.08 (+0.33%)

24.07

-2.11 (-8.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-8.06%
1 Week-1.23%
2 Weeks0.42%
1 Month-11.51%
3 Month67.39%
6 Month131.89%
12 Month138.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.19
ATR(20)%11.41%
ATR Inc
Range Today2.73
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High26.39
10 Day Low20.93
20 Day High28.64
20 Day Low16.07
52 Week High28.64
52 Week Low9.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.91M
Volume Incr-24.15%
Vol(5)1.54M
Vol(50)1.73M