FINTECH ACQUISITION CORP -A (FTVI) Technical Analysis
NASDAQ:FTVI • US31811H1068
Current stock price
FTVI Technical Rating and Analysis
Overall FTVI gets a technical rating of 9 out of 10. Both in the recent history as in the last year, FTVI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FTVI did better than 72% of all other stocks. We also observe that the gains produced by FTVI over the past year are nicely spread over this period.
- A new 52 week high is currently being made by FTVI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so FTVI is leading the market.
- In the last month FTVI has a been trading in a tight range between 10.04 and 10.60.
- Considerably lower volume is observed in the last couple of days.
FTVI Weekly and Daily overview Charts
FTVI Setup Rating and Analysis
FTVI has an excellent technical rating, but the quality of the setup is only medium 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
FTVI Support and Resistance Analysis
9.63
2 important support areas can be observed.
- A support zone ranging from 10.02 to 10.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.73 to 9.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.11 to 10.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
FTVI 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 FTVI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTVI is up. |
| ChartMill Relative Strength | 72.5 | POSITIVE | FTVI has a high relative strength, it outperformed 72.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FTVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FTVI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FTVI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.64 | OVERBOUGHT | The high RSI value suggests FTVI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FTVI has a positive trend. |
| Stochastics (14,3) | 9.04 | OVERSOLD | The low Stochastics value suggests FTVI may be oversold. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for FTVI suggests low volalility. |
| Average Directional Index/ADX (14) | 72.18 | POSITIVE | The high ADX value value for FTVI suggests a strong trend. |
FTVI Chart- and CandleStick Pattern Analysis
FTVI Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FTVI (12/27/2022, 8:26:52 PM)
10.1
0 (0%)
FINTECH ACQUISITION CORP -A / FTVI TA FAQ
Can you provide the ChartMill technical rating for FINTECH ACQUISITION CORP -A?
ChartMill assigns a technical rating of 9 / 10 to FTVI.
What is the trend direction for FTVI stock?
The current trend direction for FINTECH ACQUISITION CORP -A (FTVI) is Bullish.
What is the RSI signal for FINTECH ACQUISITION CORP -A (FTVI) stock?
FINTECH ACQUISITION CORP -A (FTVI) has an RSI value of 81.6367. This indicates that the stock is currently overbought.
What is the short term momentum for FTVI stock?
The short term momentum for FINTECH ACQUISITION CORP -A (FTVI) is positive.
What is the buy/sell signal for FTVI stock?
The buy/sell signal for FINTECH ACQUISITION CORP -A (FTVI) is buy as both the short term and long term trends are positive.