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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
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 284 stocks in the same industry do better.
In the last month FMTO has a been trading in the 3.85 - 5.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FMTO has an average volume of 28951500 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.
FMTO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for FMTO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.56
5.32
We can see 2 important resistance areas.
- A resistance zone ranging from 4.62 to 4.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.27 from a horizontal 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 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) | 35.99 | NEUTRAL | The RSI value for FMTO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 12.13 | POSITIVE | The MACD value suggests FMTO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.82 | NEUTRAL | The Stochastics value for FMTO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.6 | HIGH VOLATILITY | The high ATR as a percentage value for FMTO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.99 | 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)
4.61
-0.28 (-5.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.73%
1 Week0.22%
2 Weeks11.89%
1 Month-8.35%
3 Month-99.58%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%9.6%
ATR Inc11.42%
Range Today0.41
ADR(20)0.44
ADR(20)%9.6%
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 High5.69
10 Day Low3.85
20 Day High5.69
20 Day Low3.85
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start4.62
Volume & EV
DER(3)10.82%
DER(5)12.34%
Volume11.50K
Volume Incr8.17%
Vol(5)38.34K
Vol(50)28.95M