FTEL Technical Analysis - FITELL CORP-A

Technical Rating and Analysis

Taking everything into account, FTEL scores 0 out of 10 in our technical rating. FTEL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

100% of all other stocks performed better in the past year than FTEL.

FTEL is part of the Specialty Retail industry. There are 119 other stocks in this industry, of which 94% are performing better than FTEL.

FTEL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

FTEL is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

Considerably lower volume is observed in the last couple of days.

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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

The technical rating of FTEL 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.22

5.80

2 important resistance areas can be observed.

Resistance @5.61 from a trend line in the weekly time frame.
Resistance @5.74 from a trend line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for FTEL is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for FTEL is down.
ChartMill Relative Strength	0.65	NEGATIVE	FTEL has a low relative strength, it was outperformed by 99.35% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of FTEL is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of FTEL is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of FTEL is below a declining SMA(200).
Relative Strength Index/RSI (14)	36.69	NEUTRAL	The RSI value for FTEL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.04	NEGATIVE	The MACD value suggests FTEL has a negative trend, although the MACD value is rising.
Stochastics (14,3)	32.13	NEUTRAL	The Stochastics value for FTEL is a neutral value.
Average True Range in percent/ATR (20)	28.36	HIGH VOLATILITY	The high ATR as a percentage value for FTEL suggests high volalility.
Average Directional Index/ADX (14)	26.77	POSITIVE	The high ADX value value for FTEL suggests a strong trend.