FIRAN TECHNOLOGY GROUP CORP (FTG.CA) Stock Technical Analysis
TSX:FTG - Toronto Stock Exchange - CA3180931014 - Common Stock - Currency: CAD
Overall FTG gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month FTG has a been trading in the 11.03 - 12.42 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that FTG is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by FTG over the past year are nicely spread over this period.
FTG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FTG is lagging the market slightly.
FTG is part of the Electronic Equipment, Instruments & Components industry. There are 15 other stocks in this industry, FTG did better than 57% of them.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FTG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 11.14, a Stop Loss order could be placed below this zone.
More info and screens
6.69
11.43
We found 3 important support areas.
- A support zone ranging from 11.14 to 11.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.73 from a trend line in the weekly time frame.
- Support @6.76 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for FTG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTG.CA is neutral. |
| ChartMill Relative Strength | 87.93 | POSITIVE | FTG.CA has a high relative strength, it outperformed 87.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.12 | NEUTRAL | The RSI value for FTG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FTG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.55 | OVERSOLD | The low Stochastics value suggests FTG.CA may be oversold. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for FTG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.14 | NEUTRAL | The ADX value for FTG.CA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.43 | 11.13 | 0.30 (2.64%) | 25.00% |
| An entry @11.43. This is a Buy Stop order right above the 10 day moving average. | An exit @11.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.30 points, which is 2.64%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FTG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:FTG (7/22/2025, 7:00:00 PM)
11.32
+0.01 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg0.09%
1 Week-0.79%
2 Weeks-8.86%
1 Month-4.39%
3 Month26.91%
6 Month40.62%
12 Month77.43%
2 Year205.95%
3 Year446.86%
5 Year649.67%
10 Year414.55%
15 Year3673.33%
Volatility
ATR(14)0.45
ATR(20)%3.64%
ATR Inc-30.56%
Range Today0.34
ADR(20)0.4
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.93
Mansfield3.09
10 Day High12.29
10 Day Low11.03
20 Day High12.42
20 Day Low11.03
52 Week High12.42
52 Week Low5.4
CS1 End11.14
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume36.81K
Volume Incr-32.51%
Vol(5)38.02K
Vol(50)60.31K