Taking everything into account, FTRK scores 7 out of 10 in our technical rating. Although FTRK is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although FTRK has an excellent technical rating, it does not present a decent entry opportunity 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
0.41
We found 2 important support areas.
- Support @0.71 from a trend line in the daily time frame.
- Support @0.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.93 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FTRK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTRK is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FTRK 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 FTRK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTRK is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.45 | NEUTRAL | The RSI value for FTRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FTRK has a positive trend. |
| Stochastics (14,3) | 66.47 | NEUTRAL | The Stochastics value for FTRK is a neutral value. |
| Average True Range in percent/ATR (20) | 14.47 | HIGH VOLATILITY | The high ATR as a percentage value for FTRK suggests high volalility. |
| Average Directional Index/ADX (14) | 37.11 | POSITIVE | The high ADX value value for FTRK suggests a strong trend. |
0.8821
+0.02 (+2.81%)
FAST TRACK GROUP / FTRK FAQ
Can you provide the ChartMill technical rating for FAST TRACK GROUP?
ChartMill assigns a technical rating of 7 / 10 to FTRK.
Can you provide the trend direction for FAST TRACK GROUP?
The current trend direction for FAST TRACK GROUP (FTRK) is Bullish.
What is the RSI signal for FAST TRACK GROUP (FTRK) stock?
FAST TRACK GROUP (FTRK) has an RSI value of 65.4529. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FAST TRACK GROUP?
The buy/sell signal for FAST TRACK GROUP (FTRK) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for FAST TRACK GROUP (FTRK) stock?
FAST TRACK GROUP (FTRK) has a support level at 0.71 and a resistance level at 0.93. Check the full technical report for our detailed analysis of FTRK support and resistance levels.