AXS FOMO ETF (FOMO) Technical Analysis
NYSEARCA:FOMO • US46144X6360
Current stock price
FOMO Technical Rating and Analysis
Overall FOMO gets a technical rating of 0 out of 10. FOMO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 80% of all other stocks performed better in the past year than FOMO.
- FOMO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FOMO is lagging the market.
- FOMO 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.
- Warning: FOMO has an average volume of 3856 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month FOMO has a been trading in a tight range between 16.40 and 16.83.
- Considerably lower volume is observed in the last couple of days.
FOMO Weekly and Daily overview Charts
FOMO Setup Rating and Analysis
The technical rating of FOMO 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.
More info and screens
FOMO Support and Resistance Analysis
16.23
When analyzing the support we notice one important area.
- A support zone ranging from 16.39 to 16.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.21 to 17.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.47 to 18.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
FOMO 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 FOMO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOMO is down. |
| ChartMill Relative Strength | 20.26 | NEGATIVE | FOMO has a low relative strength, it was outperformed by 79.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FOMO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FOMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FOMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.78 | NEUTRAL | The RSI value for FOMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FOMO has a positive trend. |
| Stochastics (14,3) | 97.24 | OVERBOUGHT | The high Stochastics value suggests FOMO may be overbought. |
| Average True Range in percent/ATR (20) | 0.43 | LOW VOLATILITY | The low ATR as a percentage value for FOMO suggests low volalility. |
| Average Directional Index/ADX (14) | 31.83 | POSITIVE | The high ADX value value for FOMO suggests a strong trend. |
FOMO Chart- and CandleStick Pattern Analysis
FOMO Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:FOMO (1/13/2023, 8:09:02 PM)
16.825
+0.01 (+0.06%)
AXS FOMO ETF / FOMO TA FAQ
What is the technical rating for FOMO stock?
ChartMill assigns a technical rating of 0 / 10 to FOMO.
What is the current trend direction of AXS FOMO ETF (FOMO) stock?
The current trend direction for AXS FOMO ETF (FOMO) is Bearish.
What is the RSI signal for FOMO stock?
AXS FOMO ETF (FOMO) has an RSI value of 48.7769. This indicates that the stock is currently neutral.
What is the MACD signal for FOMO stock?
The MACD indicator for AXS FOMO ETF (FOMO) has a value of 0.0832636, indicating a bearish trend.
What is the short term momentum for FOMO stock?
The short term momentum for AXS FOMO ETF (FOMO) is negative.