FNKO Technical Analysis - FUNKO INC-CLASS A

Technical Rating and Analysis

Overall FNKO gets a technical rating of 2 out of 10. In the past year, FNKO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

97% of all other stocks performed better in the past year than FNKO.

FNKO is one of the lesser performing stocks in the Leisure Products industry. 78% of 33 stocks in the same industry do better.

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.

FNKO has an average volume of 1595650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

In the last month FNKO has a been trading in the 3.10 - 4.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

FUNKO INC-CLASS A / FNKO Weekly stock chart

FUNKO INC-CLASS A / FNKO Daily stock chart

Setup Rating and Analysis

The technical rating of FNKO 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.16

4.23

When analyzing the support we can see 3 important areas.

A support zone ranging from 3.50 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @3.38 from a trend line in the daily time frame.
Support @3.19 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

Resistance @4.19 from a horizontal line in the daily time frame.

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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 FNKO is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for FNKO is up.
ChartMill Relative Strength	3.16	NEGATIVE	FNKO has a low relative strength, it was outperformed by 96.84% off all stocks 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)	DOWN	MIXED	The current price of FNKO is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of FNKO is below a declining SMA(200).
Relative Strength Index/RSI (14)	54.7	NEUTRAL	The RSI value for FNKO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.08	POSITIVE	The MACD value suggests FNKO has a positive trend, although the MACD value is declining.
Stochastics (14,3)	74.39	NEUTRAL	The Stochastics value for FNKO is a neutral value.
Average True Range in percent/ATR (20)	5.95	HIGH VOLATILITY	The high ATR as a percentage value for FNKO suggests high volalility.
Average Directional Index/ADX (14)	18.46	NEGATIVE	The low ADX value for FNKO suggests a weak or negative trend.