FUNKO INC-CLASS A (FNKO) Stock Technical Analysis
NASDAQ:FNKO • US3610081057
Overall FNKO gets a technical rating of 7 out of 10. FNKO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- FNKO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- FNKO has an average volume of 1006730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, FNKO outperforms 43% of them, which is more or less in line with the market.
- FNKO is part of the Leisure Products industry. There are 31 other stocks in this industry, FNKO did better than 60% of them.
- In the last month FNKO has a been trading in the 3.53 - 6.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although FNKO has an excellent technical rating, it does not offer a high 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
3.08
When analyzing the support we can see 2 important areas.
- Support @3.70 from a trend line in the daily time frame.
- A support zone ranging from 3.11 to 3.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.24 to 5.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for FNKO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FNKO is up. |
| ChartMill Relative Strength | 43.37 | NEUTRAL | FNKO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNKO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNKO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNKO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.16 | NEUTRAL | The RSI value for FNKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests FNKO has a positive trend. |
| Stochastics (14,3) | 58.96 | NEUTRAL | The Stochastics value for FNKO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for FNKO suggests high volalility. |
| Average Directional Index/ADX (14) | 33.67 | POSITIVE | The high ADX value value for FNKO suggests a strong trend. |
5.1
+0.02 (+0.39%)
FUNKO INC-CLASS A / FNKO FAQ
What is the ChartMill technical rating of FUNKO INC-CLASS A (FNKO) stock?
ChartMill assigns a technical rating of 7 / 10 to FNKO.
What is the current trend direction of FUNKO INC-CLASS A (FNKO) stock?
The current trend direction for FUNKO INC-CLASS A (FNKO) is Bearish.
Can you provide the RSI signal for FUNKO INC-CLASS A?
FUNKO INC-CLASS A (FNKO) has an RSI value of 68.1621. This indicates that the stock is currently neutral.
What is the MACD signal for FNKO stock?
The MACD indicator for FUNKO INC-CLASS A (FNKO) has a value of 0.117361, indicating a bearish trend.
Can you provide the short term momentum for FUNKO INC-CLASS A?
The short term momentum for FUNKO INC-CLASS A (FNKO) is positive.