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FINCH THERAPEUTICS GROUP INC (FNCH) Stock Technical Analysis

USA - Nasdaq - NASDAQ:FNCH - US31773D2009 - Common Stock

1.8 USD
-0.18 (-9.09%)
Last: 5/24/2024, 8:00:00 PM
1.8001 USD
+0 (+0.01%)
After Hours: 5/24/2024, 8:00:00 PM
Technical Rating and Analysis

0

Taking everything into account, FNCH scores 0 out of 10 in our technical rating. FNCH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, FNCH is a bad performer in the overall market: 96% of all stocks are doing better.
FNCH is one of the lesser performing stocks in the Biotechnology industry. 82% of 533 stocks in the same industry do better.
FNCH is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month FNCH has a been trading in the 1.39 - 2.65 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
FINCH THERAPEUTICS GROUP INC / FNCH Weekly stock chart
FINCH THERAPEUTICS GROUP INC / FNCH Daily stock chart
Setup Rating and Analysis

3

The technical rating of FNCH 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.

Support and Resistance Analysis

1.78

2.45

We can see 2 important resistance areas.

  • Resistance @2.23 from a trend line in the daily time frame.
  • Resistance @2.43 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for FNCH is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for FNCH is neutral.
ChartMill Relative Strength4.37NEGATIVEFNCH has a low relative strength, it was outperformed by 95.63% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of FNCH is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of FNCH is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of FNCH is below a declining SMA(200).
Relative Strength Index/RSI (14)40.37NEUTRALThe RSI value for FNCH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests FNCH has a negative trend.
Stochastics (14,3)28.71NEUTRALThe Stochastics value for FNCH is a neutral value.
Average True Range in percent/ATR (20)14.12HIGH VOLATILITYThe high ATR as a percentage value for FNCH suggests high volalility.
Average Directional Index/ADX (14)22.98NEUTRALThe ADX value for FNCH suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
FINCH THERAPEUTICS GROUP INC / FNCH Daily stock chart

FINCH THERAPEUTICS GROUP INC

NASDAQ:FNCH (5/24/2024, 8:00:00 PM)

After market: 1.8001 +0 (+0.01%)

1.8

-0.18 (-9.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-9.09%
1 Week-7.22%
2 Weeks-10.45%
1 Month-22.41%
3 Month-25.62%
6 Month-51.35%
12 Month-78.26%
2 Year-97.47%
3 Year-99.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%14.12%
ATR Inc138.34%
Range Today0.83
ADR(20)0.24
ADR(20)%13.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.37
3 months CRSN/A
6 months CRSN/A
Mansfield-6.63
10 Day High2.45
10 Day Low1.39
20 Day High2.65
20 Day Low1.39
52 Week High16.74
52 Week Low1.39
CS1 EndN/A
CR1 Start2.23
Volume & EV
DER(3)3.47%
DER(5)5%
Volume629.40K
Volume Incr172.02%
Vol(5)205.24K
Vol(50)73.65K

FINCH THERAPEUTICS GROUP INC / FNCH FAQ

What is the technical rating for FNCH stock?

ChartMill assigns a technical rating of 0 / 10 to FNCH.


Can you provide the trend direction for FINCH THERAPEUTICS GROUP INC?

The current trend direction for FINCH THERAPEUTICS GROUP INC (FNCH) is Bearish.


What is the RSI signal for FNCH stock?

FINCH THERAPEUTICS GROUP INC (FNCH) has an RSI value of 40.3684. This indicates that the stock is currently neutral.


What is the support and resistance level for FNCH stock?

FINCH THERAPEUTICS GROUP INC (FNCH) has a resistance level at 2.23. Check the full technical report for our detailed analysis of FNCH support and resistance levels.