FOUNDATION MEDICINE INC (FMI) Stock Technical Analysis
NASDAQ:FMI - Nasdaq - US3504651007
Overall FMI gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FMI did better than 99% of all other stocks. On top of that, FMI also shows a nice and consistent pattern of rising prices.
FMI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 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
76.58
138.38
When analyzing the support we can see 4 important areas.
- 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.
We found 1 important resistance 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.
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. |
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)
137
+0.2 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.15%
1 Week0.15%
2 Weeks0.22%
1 Month0.22%
3 Month93.37%
6 Month102.07%
12 Month262.91%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.12%
ATR Inc86.67%
Range Today0.25
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.15
Mansfield7.71
10 Day High137
10 Day Low136.6
20 Day High137
20 Day Low136.55
52 Week High137.2
52 Week Low35.1
CS1 End136.84
CR1 Start137.01
Volume & EV
DER(3)-0.1%
DER(5)-0.72%
Volume1.01M
Volume Incr59.63%
Vol(5)1.03M
Vol(50)764.02K