FARFETCH LTD-CLASS A (FTCH) Technical Analysis
NYSE:FTCH • KY30744W1070
Current stock price
FTCH Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FTCH. FTCH'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than FTCH.
- FTCH is part of the Specialty Retail industry. There are 123 other stocks in this industry, of which 87% are performing better than FTCH.
- FTCH 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 FTCH is lagging the market.
- In the last month FTCH has a been trading in the 0.53 - 2.24 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.
- FTCH has an average volume of 24363300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FTCH Weekly and Daily overview Charts
FTCH Setup Rating and Analysis
FTCH has a poor technical rating and the quality of the setup is also not perfect 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
FTCH Support and Resistance Analysis
0.64
We found 1 important resistance area.
- Resistance @1.03 from a trend line in the weekly time frame.
FTCH 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 FTCH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FTCH is down. |
| ChartMill Relative Strength | 1.4 | NEGATIVE | FTCH has a low relative strength, it was outperformed by 98.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTCH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FTCH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FTCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.7 | NEUTRAL | The RSI value for FTCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FTCH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.47 | OVERSOLD | The low Stochastics value suggests FTCH may be oversold. |
| Average True Range in percent/ATR (20) | 38.39 | HIGH VOLATILITY | The high ATR as a percentage value for FTCH suggests high volalility. |
| Average Directional Index/ADX (14) | 21.89 | NEUTRAL | The ADX value for FTCH suggests a possible start of a new trend. |
FTCH Chart- and CandleStick Pattern Analysis
FTCH Technicals: Chart, Performance Metrics, Trend & Indicators
0.6428
-0.1 (-13.26%)
FARFETCH LTD-CLASS A / FTCH TA FAQ
What is the ChartMill technical rating of FARFETCH LTD-CLASS A (FTCH) stock?
ChartMill assigns a technical rating of 0 / 10 to FTCH.
What is the trend direction for FTCH stock?
The current trend direction for FARFETCH LTD-CLASS A (FTCH) is Bearish.
Can you provide the RSI signal for FARFETCH LTD-CLASS A?
FARFETCH LTD-CLASS A (FTCH) has an RSI value of 33.6952. This indicates that the stock is currently neutral.
What is the buy/sell signal for FARFETCH LTD-CLASS A (FTCH) stock?
The buy/sell signal for FARFETCH LTD-CLASS A (FTCH) is sell as both the short term and long term trends are negative.
What is the support and resistance level for FTCH stock?
FARFETCH LTD-CLASS A (FTCH) has a resistance level at 1.03. Check the full technical report for our detailed analysis of FTCH support and resistance levels.