FINTECH ACQUISITION CORP -A (FTVI) Technical Analysis
NASDAQ:FTVI • US31811H1068
Current stock price
FTVI Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to FTVI. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, FTVI did better than 72% of all other stocks. On top of that, FTVI also shows a nice and consistent pattern of rising prices.
- FTVI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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
Although FTVI has an excellent technical rating, the quality of the presented setup is not ideal 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
When analyzing the support we can see 2 important areas.
- 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.
We found 1 important resistance 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 FTVI stock?
FINTECH ACQUISITION CORP -A (FTVI) has an RSI value of 81.6367. This indicates that the stock is currently overbought.
Can you provide the MACD signal for FINTECH ACQUISITION CORP -A?
The MACD indicator for FINTECH ACQUISITION CORP -A (FTVI) has a value of 0.0000396481, indicating a bearish trend.
Can you provide the support and resistance levels for FINTECH ACQUISITION CORP -A?
FINTECH ACQUISITION CORP -A (FTVI) has a support level at 10.08 and a resistance level at 10.11. Check the full technical report for our detailed analysis of FTVI support and resistance levels.