FINGERMOTION INC (FNGR) Stock Technical Analysis
NASDAQ:FNGR - Nasdaq - US31788K1088 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to FNGR. FNGR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
FNGR is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 1.92 - 4.38 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, FNGR did better than 75% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
FNGR is an average performer in the Wireless Telecommunication Services industry, it outperforms 55% of 21 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
FNGR has a poor technical rating and the quality of the setup is also not perfect 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
1.29
3.97
3 important support areas can be observed.
- A support zone ranging from 1.98 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.35 from a trend line in the daily time frame.
- Support @1.30 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.93 from a trend line in the weekly 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 FNGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNGR is down. |
| ChartMill Relative Strength | 75.23 | POSITIVE | FNGR has a high relative strength, it outperformed 75.23% 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) | UP | MIXED | The current price of FNGR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FNGR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.21 | NEUTRAL | The RSI value for FNGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests FNGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.77 | OVERSOLD | The low Stochastics value suggests FNGR may be oversold. |
| Average True Range in percent/ATR (20) | 13.69 | HIGH VOLATILITY | The high ATR as a percentage value for FNGR suggests high volalility. |
| Average Directional Index/ADX (14) | 31.83 | POSITIVE | The high ADX value value for FNGR 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)
2.06
+0.07 (+3.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg3.52%
1 Week-2.37%
2 Weeks-15.57%
1 Month-49.88%
3 Month42.07%
6 Month62.2%
12 Month-19.22%
2 Year-31.1%
3 Year45.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%13.69%
ATR Inc-29.82%
Range Today0.14
ADR(20)0.26
ADR(20)%12.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.23
Mansfield0.17
10 Day High2.47
10 Day Low1.92
20 Day High4.38
20 Day Low1.92
52 Week High5.2
52 Week Low1.03
CS1 End1.98
CR1 Start3.93
Volume & EV
DER(3)-5.12%
DER(5)-1.75%
Volume426.50K
Volume Incr-54.58%
Vol(5)328.08K
Vol(50)826.77K