FINWARD BANCORP (FNWD) Technical Analysis
NASDAQ:FNWD • US31812F1093
Current stock price
FNWD Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to FNWD. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FNWD is showing a nice and steady performance.
- Warning: FNWD has an average volume of 12498 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, FNWD did better than 77% of all other stocks. On top of that, FNWD also shows a nice and consistent pattern of rising prices.
- FNWD is part of the Banks industry. There are 381 other stocks in this industry. FNWD outperforms 80% of them.
- FNWD is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FNWD is performing more or less in line with the market.
- In the last month FNWD has a been trading in the 35.20 - 38.15 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
FNWD Weekly and Daily overview Charts
FNWD Setup Rating and Analysis
Besides having an excellent technical rating, FNWD also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.35, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FNWD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FNWD Support and Resistance Analysis
26.05
When analyzing the support we can see 7 important areas.
- A support zone ranging from 36.23 to 37.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.64 to 34.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.97 from a horizontal line in the daily time frame.
- Support @33.20 from a horizontal line in the daily time frame.
- Support @28.05 from a trend line in the weekly time frame.
- Support @27.12 from a horizontal line in the weekly time frame.
- Support @26.31 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.85 to 37.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.94 to 38.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 39.93 to 39.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
FNWD 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 | UP | POSITIVE | The long term trend for FNWD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FNWD is neutral. |
| ChartMill Relative Strength | 77.94 | POSITIVE | FNWD has a high relative strength, it outperformed 77.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FNWD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FNWD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FNWD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.69 | NEUTRAL | The RSI value for FNWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests FNWD has a positive trend. |
| Stochastics (14,3) | 63.28 | NEUTRAL | The Stochastics value for FNWD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for FNWD suggests some volalility. |
| Average Directional Index/ADX (14) | 8.94 | NEGATIVE | The low ADX value for FNWD suggests a weak or negative trend. |
FNWD Chart- and CandleStick Pattern Analysis
FNWD Example Setup
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 |
|---|---|---|---|
| 37.97 | 36.40 | 1.57 (4.15%) | 24.11% |
| An entry @37.97. This is a Buy Stop order right above the resistance zone. | An exit @36.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.57 points, which is 4.15%. | For a 1.00% total portfolio risk, you can invest 24.11% of your capital in this trade. |
- 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.
FNWD Technicals: Chart, Performance Metrics, Trend & Indicators
37.66
+0.7 (+1.89%)
FINWARD BANCORP / FNWD TA FAQ
What is the technical rating for FNWD stock?
ChartMill assigns a technical rating of 8 / 10 to FNWD.
What is the trend direction for FNWD stock?
The current trend direction for FINWARD BANCORP (FNWD) is Bullish.
What is the RSI signal for FNWD stock?
FINWARD BANCORP (FNWD) has an RSI value of 54.6875. This indicates that the stock is currently neutral.
What is the MACD signal for FNWD stock?
The MACD indicator for FINWARD BANCORP (FNWD) has a value of 0.0605087, indicating a bearish trend.
What is the support and resistance level for FNWD stock?
FINWARD BANCORP (FNWD) has a support level at 37.35 and a resistance level at 37.85. Check the full technical report for our detailed analysis of FNWD support and resistance levels.