Ftac Olympus Acquisition Corp Cl A (FTOC) Technical Analysis
NASDAQ:FTOC
Current stock price
FTOC Technical Rating and Analysis
Overall FTOC gets a technical rating of 5 out of 10. In the last year, FTOC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than FTOC.
- FTOC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long and short term trends are both positive. This is looking good!
- In the last month FTOC has a been trading in the 9.82 - 10.97 range, which is quite wide. It is currently trading near the high of this range.
- FTOC has an average volume of 1501400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FTOC Weekly and Daily overview Charts
FTOC Setup Rating and Analysis
FTOC has an average technical rating and it also does not offer a high 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.
More info and screens
FTOC Support and Resistance Analysis
9.50
3 important support areas can be observed.
- A support zone ranging from 10.10 to 10.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.87 to 9.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.60 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.77 to 10.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
FTOC 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 | UP | POSITIVE | The long term trend for FTOC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTOC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FTOC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTOC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 66.54 | NEUTRAL | The RSI value for FTOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests FTOC has a positive trend. |
| Stochastics (14,3) | 75.8 | NEUTRAL | The Stochastics value for FTOC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for FTOC suggests some volalility. |
FTOC Chart- and CandleStick Pattern Analysis
FTOC Technicals: Chart, Performance Metrics, Trend & Indicators
Ftac Olympus Acquisition Corp Cl A
NASDAQ:FTOC (6/25/2021, 8:00:00 PM)
After market: 10.8 +0.04 (+0.37%)10.76
+0.25 (+2.38%)
Ftac Olympus Acquisition Corp Cl A / FTOC TA FAQ
What is the ChartMill technical rating of Ftac Olympus Acquisition Corp Cl A (FTOC) stock?
ChartMill assigns a technical rating of 5 / 10 to FTOC.
What is the trend direction for FTOC stock?
The current trend direction for Ftac Olympus Acquisition Corp Cl A (FTOC) is Bullish.
What is the RSI signal for FTOC stock?
Ftac Olympus Acquisition Corp Cl A (FTOC) has an RSI value of 66.5413. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Ftac Olympus Acquisition Corp Cl A?
The buy/sell signal for Ftac Olympus Acquisition Corp Cl A (FTOC) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for Ftac Olympus Acquisition Corp Cl A (FTOC) stock?
Ftac Olympus Acquisition Corp Cl A (FTOC) has a support level at 10.38 and a resistance level at 10.77. Check the full technical report for our detailed analysis of FTOC support and resistance levels.