FOU Technical Analysis - FOUNTAIN SA

Technical Rating and Analysis

Taking everything into account, FOU scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FOU has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: FOU has an average volume of 2613 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, FOU did better than 83% of all other stocks.

FOU is part of the Commercial Services & Supplies industry. There are 42 other stocks in this industry. FOU outperforms 90% of them.

FOU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FOU is lagging the market slightly.

FOU is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

FOU has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.34

1.86

We found 6 important support areas.

A support zone ranging from 1.74 to 1.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @1.52 from a trend line in the daily time frame.
Support @1.47 from a trend line in the weekly time frame.
Support @1.44 from a trend line in the daily time frame.
A support zone ranging from 1.41 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @1.35 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 1.83 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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 FOU.BR is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for FOU.BR is up.
ChartMill Relative Strength	83.34	POSITIVE	FOU.BR has a high relative strength, it outperformed 83.34% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of FOU.BR is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of FOU.BR is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of FOU.BR is above the rising SMA(200).
Relative Strength Index/RSI (14)	57.23	NEUTRAL	The RSI value for FOU.BR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests FOU.BR has a positive trend, although the MACD value is declining.
Stochastics (14,3)	77.77	NEUTRAL	The Stochastics value for FOU.BR is a neutral value.
Average True Range in percent/ATR (20)	2.06	MEDIUM VOLATILITY	The ATR as a percentage value for FOU.BR suggests some volalility.
Average Directional Index/ADX (14)	15.24	NEGATIVE	The low ADX value for FOU.BR suggests a weak or negative trend.