FLEXSHOPPER INC (FPAY) Stock Technical Analysis
NASDAQ:FPAY - Nasdaq - US33939J3032 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to FPAY. In the past year, FPAY was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
FPAY is part of the Financial Services industry. There are 99 other stocks in this industry. FPAY outperforms 76% of them.
In the last month FPAY has a been trading in the 1.15 - 1.47 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that FPAY is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
FPAY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FPAY is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FPAY has an average technical rating and the quality of the presented setup is also not ideal 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
2.05
5 important support areas can be observed.
- A support zone ranging from 1.27 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.08 from a trend line in the daily time frame.
- Support @1.04 from a trend line in the weekly time frame.
- Support @1.00 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.44 to 1.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.03 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for FPAY is up. |
| ChartMill Relative Strength | 79.63 | POSITIVE | FPAY has a high relative strength, it outperformed 79.63% off all stocks 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 | POSITIVE | The current price of FPAY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.08 | NEUTRAL | The RSI value for FPAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FPAY has a positive trend. |
| Stochastics (14,3) | 80.55 | OVERBOUGHT | The high Stochastics value suggests FPAY may be overbought. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for FPAY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.93 | NEUTRAL | The ADX value for FPAY 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)
1.43
+0.02 (+1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg1.78%
1 Week12.6%
2 Weeks9.16%
1 Month5.93%
3 Month-0.07%
6 Month-30.92%
12 Month23.28%
2 Year11.72%
3 Year58.94%
5 Year-17.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.83%
ATR Inc31.8%
Range Today0.06
ADR(20)0.08
ADR(20)%5.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.63
Mansfield0.24
10 Day High1.44
10 Day Low1.15
20 Day High1.47
20 Day Low1.15
52 Week High2.37
52 Week Low0.97
CS1 End1.31
CR1 Start1.44
Volume & EV
DER(3)9.83%
DER(5)4.34%
Volume20.40K
Volume Incr63.7%
Vol(5)73.34K
Vol(50)55.31K