FS DEVELOPMENT CORP II-A (FSII) Technical Analysis
NASDAQ:FSII
Current stock price
FSII Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FSII. FSII scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 100% of all other stocks performed better in the past year than FSII.
- FSII 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 FSII is lagging the market.
- In the last month FSII has a been trading in the 9.64 - 15.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
FSII Weekly and Daily overview Charts
FSII Setup Rating and Analysis
FSII 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
FSII Support and Resistance Analysis
9.69
When analyzing the support we notice one important area.
- A support zone ranging from 9.79 to 9.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.81 to 10.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
FSII 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 | NEUTRAL | NEUTRAL | The long term trend for FSII is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FSII is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FSII has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FSII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FSII is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FSII is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.59 | NEUTRAL | The RSI value for FSII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests FSII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.99 | OVERSOLD | The low Stochastics value suggests FSII may be oversold. |
| Average True Range in percent/ATR (20) | 10.47 | HIGH VOLATILITY | The high ATR as a percentage value for FSII suggests high volalility. |
FSII Chart- and CandleStick Pattern Analysis
FSII Technicals: Chart, Performance Metrics, Trend & Indicators
9.8
-0.2 (-2%)
FS DEVELOPMENT CORP II-A / FSII TA FAQ
What is the ChartMill technical rating of FS DEVELOPMENT CORP II-A (FSII) stock?
ChartMill assigns a technical rating of 0 / 10 to FSII.
What is the current trend direction of FS DEVELOPMENT CORP II-A (FSII) stock?
The current trend direction for FS DEVELOPMENT CORP II-A (FSII) is Bearish.
What is the RSI signal for FSII stock?
FS DEVELOPMENT CORP II-A (FSII) has an RSI value of 35.5906. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FS DEVELOPMENT CORP II-A?
The short term momentum for FS DEVELOPMENT CORP II-A (FSII) is negative.
What are the support and resistance levels for FS DEVELOPMENT CORP II-A (FSII) stock?
FS DEVELOPMENT CORP II-A (FSII) has a support level at 9.79 and a resistance level at 9.81. Check the full technical report for our detailed analysis of FSII support and resistance levels.