FEMTO TECHNOLOGIES INC (FMTO) Stock Technical Analysis
NASDAQ:FMTO - Nasdaq - CA31447N3031 - Common Stock - Currency: USD
Taking everything into account, FMTO scores 0 out of 10 in our technical rating. FMTO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than FMTO.
FMTO is one of the lesser performing stocks in the Software industry. 90% of 283 stocks in the same industry do better.
In the last month FMTO has a been trading in the 4.50 - 7.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
FMTO has an average volume of 28970500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of FMTO is bad and it also does not present a 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
4.58
5.21
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.15 to 5.16. This zone is formed by a combination of multiple trend lines and important moving averages 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 FMTO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FMTO is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FMTO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FMTO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FMTO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 35.76 | NEUTRAL | The RSI value for FMTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 31.2 | POSITIVE | The MACD value suggests FMTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 10.52 | OVERSOLD | The low Stochastics value suggests FMTO may be oversold. |
| Average True Range in percent/ATR (20) | 13.37 | HIGH VOLATILITY | The high ATR as a percentage value for FMTO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.2 | POSITIVE | The high ADX value value for FMTO suggests a strong trend. |
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)
4.63
-0.11 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.22%
1 Week-7.95%
2 Weeks-30.69%
1 Month-34.14%
3 Month-99.74%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%13.37%
ATR Inc-23.54%
Range Today0.3
ADR(20)0.59
ADR(20)%12.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.77
10 Day Low4.5
20 Day High7.98
20 Day Low4.5
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start5.15
Volume & EV
DER(3)7.78%
DER(5)1.81%
Volume28.77K
Volume Incr-99.81%
Vol(5)30.77K
Vol(50)28.97M