FINGERMOTION INC (FNGR) Technical Analysis
NASDAQ:FNGR • US31788K1088
Current stock price
FNGR Technical Rating and Analysis
Taking everything into account, FNGR scores 0 out of 10 in our technical rating. FNGR'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 88% of all other stocks performed better in the past year than FNGR.
- FNGR is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 85% of 22 stocks in the same industry do better.
- FNGR is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so FNGR is lagging the market.
- In the last month FNGR has a been trading in the 1.02 - 1.57 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.
FNGR Weekly and Daily overview Charts
FNGR Setup Rating and Analysis
The technical rating of FNGR 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
FNGR Support and Resistance Analysis
1.01
We can see 3 important resistance areas.
- Resistance @1.38 from a trend line in the daily time frame.
- Resistance @1.42 from a horizontal line in the daily time frame.
- Resistance @2.08 from a horizontal line in the daily time frame.
FNGR 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 | DOWN | NEGATIVE | The long term trend for FNGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNGR is down. |
| ChartMill Relative Strength | 12.95 | NEGATIVE | FNGR has a low relative strength, it was outperformed by 87.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FNGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.65 | NEUTRAL | The RSI value for FNGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FNGR has a negative trend. |
| Stochastics (14,3) | 2.61 | OVERSOLD | The low Stochastics value suggests FNGR may be oversold. |
| Average True Range in percent/ATR (20) | 9.81 | HIGH VOLATILITY | The high ATR as a percentage value for FNGR suggests high volalility. |
| Average Directional Index/ADX (14) | 13.47 | NEGATIVE | The low ADX value for FNGR suggests a weak or negative trend. |
FNGR Chart- and CandleStick Pattern Analysis
FNGR Technicals: Chart, Performance Metrics, Trend & Indicators
1.02
-0.04 (-3.77%)
FINGERMOTION INC / FNGR TA FAQ
Can you provide the ChartMill technical rating for FINGERMOTION INC?
ChartMill assigns a technical rating of 0 / 10 to FNGR.
What is the current trend direction of FINGERMOTION INC (FNGR) stock?
The current trend direction for FINGERMOTION INC (FNGR) is Bearish.
Can you provide the RSI signal for FINGERMOTION INC?
FINGERMOTION INC (FNGR) has an RSI value of 36.6474. This indicates that the stock is currently neutral.
What is the MACD signal for FNGR stock?
The MACD indicator for FINGERMOTION INC (FNGR) has a value of -0.0277933, indicating a bearish trend.
What is the support and resistance level for FNGR stock?
FINGERMOTION INC (FNGR) has a resistance level at 1.38. Check the full technical report for our detailed analysis of FNGR support and resistance levels.