EQV VENTURES ACQUISITION C-A (FTW) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:FTW - KYG3106N1097 - Common Stock
Taking everything into account, FTW scores 4 out of 10 in our technical rating. FTW has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
FTW has only a medium technical rating, but it does show 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 10.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.50, a Stop Loss order could be placed below this zone.
More info and screens
10.29
We found 1 important support area.
- A support zone ranging from 10.39 to 10.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.53 to 10.53. 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 FTW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FTW is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FTW 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 FTW is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 78.89 | OVERBOUGHT | The high RSI value suggests FTW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests FTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.55 | NEUTRAL | The Stochastics value for FTW is a neutral value. |
| Average True Range in percent/ATR (20) | 0.25 | LOW VOLATILITY | The low ATR as a percentage value for FTW suggests low volalility. |
| Average Directional Index/ADX (14) | 72.77 | POSITIVE | The high ADX value value for FTW suggests a strong trend. |
10.52
0 (0%)
EQV VENTURES ACQUISITION C-A / FTW FAQ
Can you provide the ChartMill technical rating for EQV VENTURES ACQUISITION C-A?
ChartMill assigns a technical rating of 4 / 10 to FTW.
What is the current trend direction of EQV VENTURES ACQUISITION C-A (FTW) stock?
The current trend direction for EQV VENTURES ACQUISITION C-A (FTW) is Bullish.
What is the RSI signal for FTW stock?
EQV VENTURES ACQUISITION C-A (FTW) has an RSI value of 78.8917. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for EQV VENTURES ACQUISITION C-A?
The buy/sell signal for EQV VENTURES ACQUISITION C-A (FTW) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for EQV VENTURES ACQUISITION C-A (FTW) stock?
EQV VENTURES ACQUISITION C-A (FTW) has a support level at 10.5 and a resistance level at 10.53. Check the full technical report for our detailed analysis of FTW support and resistance levels.