FTE NETWORKS INC (FTNW) Technical Analysis
NYSEARCA:FTNW
Current stock price
FTNW Technical Rating and Analysis
Overall FTNW gets a technical rating of 5 out of 10. FTNW has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- FTNW is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTNW is lagging the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that FTNW is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month FTNW has a been trading in the 1.22 - 1.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
FTNW Weekly and Daily overview Charts
FTNW Setup Rating and Analysis
Although the technical rating is only medium, FTNW does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
FTNW Support and Resistance Analysis
1.49
We found 1 important resistance area.
- Resistance @1.76 from a trend line in the daily time frame.
FTNW 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 FTNW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FTNW is neutral. |
| ChartMill Relative Strength | 75.38 | POSITIVE | FTNW has a high relative strength, it outperformed 75.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FTNW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTNW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of FTNW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for FTNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FTNW has a negative trend. |
| Stochastics (14,3) | 56.82 | NEUTRAL | The Stochastics value for FTNW is a neutral value. |
| Average True Range in percent/ATR (20) | 12.36 | HIGH VOLATILITY | The high ATR as a percentage value for FTNW suggests high volalility. |
FTNW Chart- and CandleStick Pattern Analysis
FTNW Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:FTNW (12/11/2019, 8:25:44 PM)
1.5
-0.2 (-11.76%)
FTE NETWORKS INC / FTNW TA FAQ
What is the technical rating for FTNW stock?
ChartMill assigns a technical rating of 5 / 10 to FTNW.
What is the current trend direction of FTE NETWORKS INC (FTNW) stock?
The current trend direction for FTE NETWORKS INC (FTNW) is Bearish.
Can you provide the RSI signal for FTE NETWORKS INC?
FTE NETWORKS INC (FTNW) has an RSI value of 47.9766. This indicates that the stock is currently neutral.
What is the MACD signal for FTE NETWORKS INC (FTNW) stock?
The MACD indicator for FTE NETWORKS INC (FTNW) has a value of -0.0164275, indicating a bearish trend.
Can you provide the support and resistance levels for FTE NETWORKS INC?
FTE NETWORKS INC (FTNW) has a resistance level at 1.76. Check the full technical report for our detailed analysis of FTNW support and resistance levels.