FOUNDATION MEDICINE INC (FMI) Technical Analysis
NASDAQ:FMI • US3504651007
Current stock price
FMI Technical Rating and Analysis
Taking everything into account, FMI scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FMI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FMI did better than 99% of all other stocks. We also observe that the gains produced by FMI over the past year are nicely spread over this period.
- FMI is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FMI is leading the market.
- In the last month FMI has a been trading in a tight range between 136.55 and 137.00.
- Volume is considerably higher in the last couple of days.
FMI Weekly and Daily overview Charts
FMI Setup Rating and Analysis
FMI has an excellent technical rating, but 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.
More info and screens
FMI Support and Resistance Analysis
76.58
4 important support areas can be observed.
- A support zone ranging from 136.64 to 136.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @132.70 from a trend line in the daily time frame.
- Support @82.06 from a trend line in the weekly time frame.
- A support zone ranging from 77.35 to 77.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 137.01 to 137.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
FMI 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 | UP | POSITIVE | The long term trend for FMI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMI is up. |
| ChartMill Relative Strength | 99.15 | POSITIVE | FMI has a high relative strength, it outperformed 99.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FMI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.28 | OVERBOUGHT | The high RSI value suggests FMI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.46 | NEGATIVE | The MACD value suggests FMI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for FMI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for FMI suggests low volalility. |
FMI Chart- and CandleStick Pattern Analysis
FMI Technicals: Chart, Performance Metrics, Trend & Indicators
137
+0.2 (+0.15%)
FOUNDATION MEDICINE INC / FMI TA FAQ
Can you provide the ChartMill technical rating for FOUNDATION MEDICINE INC?
ChartMill assigns a technical rating of 10 / 10 to FMI.
Can you provide the trend direction for FOUNDATION MEDICINE INC?
The current trend direction for FOUNDATION MEDICINE INC (FMI) is Bullish.
Can you provide the RSI signal for FOUNDATION MEDICINE INC?
FOUNDATION MEDICINE INC (FMI) has an RSI value of 79.2841. This indicates that the stock is currently overbought.
What is the MACD signal for FMI stock?
The MACD indicator for FOUNDATION MEDICINE INC (FMI) has a value of -1.45802, indicating a bearish trend.
Can you provide the buy/sell signal for FOUNDATION MEDICINE INC?
The buy/sell signal for FOUNDATION MEDICINE INC (FMI) is buy as both the short term and long term trends are positive.