FUNKO INC-CLASS A (FNKO) Stock Technical Analysis
NASDAQ:FNKO - Nasdaq - US3610081057 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to FNKO. FNKO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, FNKO is a bad performer in the overall market: 93% of all stocks are doing better.
FNKO is one of the lesser performing stocks in the Leisure Products industry. 76% of 31 stocks in the same industry do better.
FNKO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month FNKO has a been trading in the 4.21 - 5.17 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.
FNKO has an average volume of 1083860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, FNKO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 4.37, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
4.28
5.21
We found 1 important support area.
- A support zone ranging from 4.32 to 4.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 4.58 to 4.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.76 from a horizontal line in the daily time frame.
- Resistance @5.16 from a horizontal line in the daily 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 FNKO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNKO is neutral. |
| ChartMill Relative Strength | 7.66 | NEGATIVE | FNKO has a low relative strength, it was outperformed by 92.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNKO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FNKO is below 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) | 41.29 | NEUTRAL | The RSI value for FNKO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FNKO has a negative trend. |
| Stochastics (14,3) | 32.21 | NEUTRAL | The Stochastics value for FNKO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.74 | HIGH VOLATILITY | The high ATR as a percentage value for FNKO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for FNKO suggests a weak or negative 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)
4.38
-0.01 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-0.23%
1 Week-6.81%
2 Weeks-3.74%
1 Month-13.44%
3 Month1.86%
6 Month-66.5%
12 Month-52.65%
2 Year-46.32%
3 Year-83.29%
5 Year-20.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%6.74%
ATR Inc-10.71%
Range Today0.14
ADR(20)0.29
ADR(20)%6.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.66
Mansfield-5.63
10 Day High5.1
10 Day Low4.32
20 Day High5.17
20 Day Low4.21
52 Week High14.65
52 Week Low3.5
CS1 End4.37
CR1 Start4.58
Volume & EV
DER(3)1.05%
DER(5)0.69%
Volume779.32K
Volume Incr0.48%
Vol(5)984.44K
Vol(50)1.08M