NASDAQ:FMFC - KYG5225N1007 - Common Stock
We assign a technical rating of 4 out of 10 to FMFC. FMFC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
FMFC has an average technical rating and also the quality of the setup is only medium 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.
7.31
We found 2 important support areas.
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 | UP | POSITIVE | The long term trend for FMFC is up. |
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). |
Relative Strength Index/RSI (14) | 72.15 | OVERBOUGHT | The high RSI value suggests FMFC may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests FMFC has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 90.84 | OVERBOUGHT | The high Stochastics value suggests FMFC may be overbought. |
Average True Range in percent/ATR (20) | 9.02 | HIGH VOLATILITY | The high ATR as a percentage value for FMFC suggests high volalility. |
Average Directional Index/ADX (14) | 38.94 | POSITIVE | The high ADX value value for FMFC suggests a strong trend. |
11.17
+0.26 (+2.38%)