FLEXSHOPPER INC (FPAY) Stock Technical Analysis
NASDAQ:FPAY - Nasdaq - US33939J3032 - Common Stock - Currency: USD
Taking everything into account, FPAY scores 3 out of 10 in our technical rating. FPAY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month FPAY has a been trading in the 0.84 - 1.43 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, FPAY outperforms 68% of them, which is more or less in line with the market.
FPAY is an average performer in the Financial Services industry, it outperforms 68% of 100 stocks in the same industry.
FPAY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FPAY is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of FPAY 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
0.99
1.44
2 important support areas can be observed.
- Support @1.04 from a trend line in the weekly time frame.
- Support @1.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.33 from a trend line in the daily time frame.
- A resistance zone ranging from 1.41 to 1.43. 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 | NEUTRAL | NEUTRAL | The long term trend for FPAY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FPAY is neutral. |
| ChartMill Relative Strength | 68.16 | NEUTRAL | FPAY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FPAY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FPAY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FPAY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.63 | NEUTRAL | The RSI value for FPAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FPAY has a positive trend. |
| Stochastics (14,3) | 74.9 | NEUTRAL | The Stochastics value for FPAY is a neutral value. |
| Average True Range in percent/ATR (20) | 7.44 | HIGH VOLATILITY | The high ATR as a percentage value for FPAY suggests high volalility. |
| Average Directional Index/ADX (14) | 27.03 | POSITIVE | The high ADX value value for FPAY suggests a strong 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)
1.32
+0.01 (+0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.76%
1 Week18.92%
2 Weeks17.86%
1 Month4.76%
3 Month11.86%
6 Month-20.48%
12 Month16.81%
2 Year-39.73%
3 Year46.68%
5 Year-10.2%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.44%
ATR Inc175.61%
Range Today0.17
ADR(20)0.1
ADR(20)%7.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.16
Mansfield-0.95
10 Day High1.43
10 Day Low0.84
20 Day High1.43
20 Day Low0.84
52 Week High2.37
52 Week Low0.84
CS1 End1.04
CR1 Start1.33
Volume & EV
DER(3)-6.79%
DER(5)-5.84%
Volume244.80K
Volume Incr34.65%
Vol(5)117.12K
Vol(50)66.67K