FINWARD BANCORP (FNWD) Stock Technical Analysis
NASDAQ:FNWD - Nasdaq - US31812F1093 - Common Stock - Currency: USD
Taking everything into account, FNWD scores 0 out of 10 in our technical rating. FNWD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FNWD is a bad performer in the overall market: 85% of all stocks are doing better.
FNWD is one of the lesser performing stocks in the Banks industry. 94% of 396 stocks in the same industry do better.
FNWD 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.
In the last month FNWD has a been trading in the 26.46 - 28.95 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FNWD has an average volume of 15860 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
FNWD has a poor technical rating and the quality of the setup is also only medium 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
25.90
32.31
We found 1 important support area.
- A support zone ranging from 26.16 to 26.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 27.30 to 27.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 28.74 to 28.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.35 to 30.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.86 to 31.99. 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 FNWD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FNWD is down. |
| ChartMill Relative Strength | 15.78 | NEGATIVE | FNWD has a low relative strength, it was outperformed by 84.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FNWD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FNWD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FNWD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.08 | NEUTRAL | The RSI value for FNWD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests FNWD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.39 | OVERSOLD | The low Stochastics value suggests FNWD may be oversold. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for FNWD suggests some volalility. |
| Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for FNWD suggests a possible start of a new 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)
26.79
-0.11 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.41%
1 Week-0.07%
2 Weeks-4.42%
1 Month-6.1%
3 Month-13.72%
6 Month0.04%
12 Month-6.66%
2 Year8.68%
3 Year-28.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%2.64%
ATR Inc-42.69%
Range Today0.31
ADR(20)0.68
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.78
Mansfield-1.51
10 Day High28.45
10 Day Low26.46
20 Day High28.95
20 Day Low26.46
52 Week High33.5
52 Week Low26.12
CS1 End26.31
CR1 Start27.3
Volume & EV
DER(3)-1.45%
DER(5)3.63%
Volume12.00K
Volume Incr-71.27%
Vol(5)8.74K
Vol(50)15.86K