FINANCIAL ENGINES INC (FNGN) Technical Analysis
NASDAQ:FNGN • US3174851002
Current stock price
FNGN Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to FNGN. Both in the recent history as in the last year, FNGN 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.
- A new 52 week high is currently being made by FNGN, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so FNGN is leading the market.
- When comparing the yearly performance of all stocks, we notice that FNGN is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month FNGN has a been trading in a tight range between 44.80 and 45.00.
- Considerably lower volume is observed in the last couple of days.
FNGN Weekly and Daily overview Charts
FNGN Setup Rating and Analysis
Besides having an excellent technical rating, FNGN also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 44.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.93, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
FNGN Support and Resistance Analysis
29.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 44.75 to 44.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 40.35 to 40.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.51 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.97 to 45.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FNGN 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 FNGN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNGN is up. |
| ChartMill Relative Strength | 84.09 | POSITIVE | FNGN has a high relative strength, it outperformed 84.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.94 | NEUTRAL | The RSI value for FNGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FNGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for FNGN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.14 | LOW VOLATILITY | The low ATR as a percentage value for FNGN suggests low volalility. |
FNGN Chart- and CandleStick Pattern Analysis
FNGN Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 45.02 | 44.89 | 0.13 (0.29%) | 25.00% |
| An entry @45.02. This is a Buy Stop order right above the resistance zone. | An exit @44.89. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.13 points, which is 0.29%. | For a 0.07% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FNGN Technicals: Chart, Performance Metrics, Trend & Indicators
44.95
-0.05 (-0.11%)
FINANCIAL ENGINES INC / FNGN TA FAQ
Can you provide the ChartMill technical rating for FINANCIAL ENGINES INC?
ChartMill assigns a technical rating of 8 / 10 to FNGN.
What is the current trend direction of FINANCIAL ENGINES INC (FNGN) stock?
The current trend direction for FINANCIAL ENGINES INC (FNGN) is Bullish.
Can you provide the RSI signal for FINANCIAL ENGINES INC?
FINANCIAL ENGINES INC (FNGN) has an RSI value of 63.9417. This indicates that the stock is currently neutral.
What is the buy/sell signal for FNGN stock?
The buy/sell signal for FINANCIAL ENGINES INC (FNGN) is buy as both the short term and long term trends are positive.
What is the support and resistance level for FNGN stock?
FINANCIAL ENGINES INC (FNGN) has a support level at 44.93 and a resistance level at 44.97. Check the full technical report for our detailed analysis of FNGN support and resistance levels.