Overall FTSV gets a technical rating of 10 out of 10. Both in the recent history as in the last year, FTSV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, FTSV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 95.52. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
56.98
When analyzing the support we can see 2 important areas.
- Support @90.39 from a horizontal line in the daily time frame.
- Support @57.56 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 95.52 to 95.52. 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 FTSV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTSV is up. |
| ChartMill Relative Strength | 99.78 | POSITIVE | FTSV has a high relative strength, it outperformed 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTSV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTSV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTSV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.68 | OVERBOUGHT | The high RSI value suggests FTSV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.55 | NEGATIVE | The MACD value suggests FTSV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 99.89 | OVERBOUGHT | The high Stochastics value suggests FTSV may be overbought. |
| Average True Range in percent/ATR (20) | 1.62 | LOW VOLATILITY | The low ATR as a percentage value for FTSV suggests low volalility. |
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 |
|---|---|---|---|
| 95.53 | 92.90 | 2.63 (2.75%) | 25.00% |
| An entry @95.53. This is a Buy Stop order right above the resistance zone. | An exit @92.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.63 points, which is 2.75%. | For a 0.69% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
95.51
+0.05 (+0.05%)
Forty Seven Inc / FTSV FAQ
What is the technical rating for FTSV stock?
ChartMill assigns a technical rating of 9 / 10 to FTSV.
What is the current trend direction of Forty Seven Inc (FTSV) stock?
The current trend direction for Forty Seven Inc (FTSV) is Bullish.
What is the RSI signal for FTSV stock?
Forty Seven Inc (FTSV) has an RSI value of 81.6788. This indicates that the stock is currently overbought.
Can you provide the MACD signal for Forty Seven Inc?
The MACD indicator for Forty Seven Inc (FTSV) has a value of -1.54582, indicating a bearish trend.
What is the buy/sell signal for Forty Seven Inc (FTSV) stock?
The buy/sell signal for Forty Seven Inc (FTSV) is buy as both the short term and long term trends are positive.