Finjan Holdings (FNJN) Technical Analysis
NASDAQ:FNJN
We assign a technical rating of 6 out of 10 to FNJN. In the last year, FNJN was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 63% of all other stocks performed better in the past year than FNJN.
- Both the short term and long term trends are positive. This is a very positive sign.
- FNJN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- FNJN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FNJN is lagging the market slightly.
- In the last month FNJN has a been trading in a tight range between 1.53 and 1.55.
Although the technical rating is only medium, FNJN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.53, 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
1.42
2 important support areas can be observed.
- A support zone ranging from 1.53 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.43 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.54 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.69 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 | UP | POSITIVE | The long term trend for FNJN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNJN is up. |
| ChartMill Relative Strength | 37.13 | NEUTRAL | FNJN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FNJN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNJN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNJN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.49 | NEUTRAL | The RSI value for FNJN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FNJN has a negative trend. |
| Stochastics (14,3) | 75 | NEUTRAL | The Stochastics value for FNJN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.73 | LOW VOLATILITY | The low ATR as a percentage value for FNJN suggests low volalility. |
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 |
|---|---|---|---|
| 1.55 | 1.52 | 0.03 (2.22%) | 25.00% |
| An entry @1.55. This is a Buy Stop order right above the 10 day moving average. | An exit @1.52. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 2.22%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.55%. |
- 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.
FNJN Technicals: Chart, Performance Metrics, Trend & Indicators
1.54
-0.01 (-0.65%)
Finjan Holdings / FNJN FAQ
What is the technical rating for FNJN stock?
ChartMill assigns a technical rating of 6 / 10 to FNJN.
What is the trend direction for FNJN stock?
The current trend direction for Finjan Holdings (FNJN) is Bullish.
Can you provide the RSI signal for Finjan Holdings?
Finjan Holdings (FNJN) has an RSI value of 57.4883. This indicates that the stock is currently neutral.
What is the MACD signal for FNJN stock?
The MACD indicator for Finjan Holdings (FNJN) has a value of -0.00734894, indicating a bearish trend.
Can you provide the short term momentum for Finjan Holdings?
The short term momentum for Finjan Holdings (FNJN) is positive.