FINTECH ACQUISITION CORP -A (FTVI) Stock Technical Analysis
NASDAQ:FTVI - Nasdaq - US31811H1068 - Common Stock - Currency: USD
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.
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. On top of that, FTVI also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by FTVI, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
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 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
9.63
10.21
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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:FTVI (12/27/2022, 8:26:52 PM)
10.1
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.2%
2 Weeks0.3%
1 Month0.5%
3 Month1.61%
6 Month2.54%
12 Month2.54%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.58%
ATR Inc519.37%
Range Today0.5
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.5
Mansfield0.95
10 Day High10.6
10 Day Low10.06
20 Day High10.6
20 Day Low10.04
52 Week High10.6
52 Week Low9.71
CS1 End10.08
CR1 Start10.11
Volume & EV
DER(3)0%
DER(5)0.07%
Volume2.40K
Volume Incr-86.9%
Vol(5)29.04K
Vol(50)132.18K