FNM SPA (FNM.MI) Stock Technical Analysis
BIT:FNM - Euronext Milan - IT0000060886 - Common Stock - Currency: EUR
Taking everything into account, FNM scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. FNM was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
75% of all other stocks performed better in the past year than FNM.
FNM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
FNM is an average performer in the Ground Transportation industry, it outperforms 45% of 12 stocks in the same industry.
FNM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FNM is lagging the market.
FNM 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
0.38
0.45
2 important support areas can be observed.
- A support zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.43 from a trend line in the weekly time frame.
- Strong resistance @0.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.45 to 0.45. 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 | DOWN | NEGATIVE | The long term trend for FNM.MI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNM.MI is neutral. |
| ChartMill Relative Strength | 25.07 | NEGATIVE | FNM.MI has a low relative strength, it was outperformed by 74.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNM.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNM.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNM.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.88 | NEUTRAL | The RSI value for FNM.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FNM.MI has a positive trend. |
| Stochastics (14,3) | 77.86 | NEUTRAL | The Stochastics value for FNM.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for FNM.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 9.95 | NEGATIVE | The low ADX value for FNM.MI 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)
BIT:FNM (7/18/2025, 11:55:12 AM)
0.409
+0 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg0.49%
1 Week1.5%
2 Weeks1.5%
1 Month2.52%
3 Month4.09%
6 Month-8.13%
12 Month-11.14%
2 Year-6.44%
3 Year-7.5%
5 Year-13.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%1.97%
ATR Inc14.13%
Range Today0
ADR(20)0.01
ADR(20)%1.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.07
Mansfield-1.21
10 Day High0.41
10 Day Low0.39
20 Day High0.41
20 Day Low0.38
52 Week High0.48
52 Week Low0.37
CS1 End0.4
CR1 Start0.43
Volume & EV
DER(3)0.24%
DER(5)0.1%
Volume235
Volume Incr-22.92%
Vol(5)170.47K
Vol(50)244.69K