KANDAL M VENTURE LTD-A (FMFC) Stock Technical Analysis
NASDAQ:FMFC • KYG5225N1007
Overall FMFC gets a technical rating of 4 out of 10. In the past year, FMFC 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.
- 100% of all other stocks performed better in the past year than FMFC.
- FMFC is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 100% of 45 stocks in the same industry do better.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month FMFC has a been trading in the 0.31 - 0.63 range, which is quite wide. It is currently trading near the high of this range.
- FMFC has an average volume of 2301690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FMFC 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
0.33
When analyzing the support we notice one important area.
- Support @0.33 from a trend 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 FMFC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMFC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FMFC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMFC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.17 | NEUTRAL | The RSI value for FMFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FMFC has a positive trend. |
| Stochastics (14,3) | 63.73 | NEUTRAL | The Stochastics value for FMFC is a neutral value. |
| Average True Range in percent/ATR (20) | 12.45 | HIGH VOLATILITY | The high ATR as a percentage value for FMFC suggests high volalility. |
| Average Directional Index/ADX (14) | 33.18 | POSITIVE | The high ADX value value for FMFC suggests a strong trend. |
0.479
+0.05 (+10.45%)
KANDAL M VENTURE LTD-A / FMFC FAQ
What is the technical rating for FMFC stock?
ChartMill assigns a technical rating of 4 / 10 to FMFC.
What is the current trend direction of KANDAL M VENTURE LTD-A (FMFC) stock?
The current trend direction for KANDAL M VENTURE LTD-A (FMFC) is Bearish.
What is the RSI signal for FMFC stock?
KANDAL M VENTURE LTD-A (FMFC) has an RSI value of 61.1743. This indicates that the stock is currently neutral.
What is the buy/sell signal for FMFC stock?
The buy/sell signal for KANDAL M VENTURE LTD-A (FMFC) is hold as the short term and long term trends are mixed.
What is the support and resistance level for FMFC stock?
KANDAL M VENTURE LTD-A (FMFC) has a support level at 0.33. Check the full technical report for our detailed analysis of FMFC support and resistance levels.