BITFUFU INC-A (FUFU) Stock Technical Analysis
NASDAQ:FUFU - KYG1152A1040 - Common Stock
3.78 USD
+0.33 (+9.57%)
3.7 USD
-0.08 (-2.12%)
Overall FUFU gets a technical rating of 2 out of 10. FUFU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
80% of all other stocks performed better in the past year than FUFU.
FUFU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month FUFU has a been trading in the 3.25 - 5.38 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
FUFU is part of the Software industry. There are 283 other stocks in this industry, FUFU did better than 41% of them.
FUFU has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
3.07
5.73
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.67 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.34 to 3.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.10 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @3.90 from a trend line in the daily time frame.
- Resistance @4.02 from a trend line in the weekly time frame.
- Resistance @4.16 from a trend line in the daily time frame.
- A resistance zone ranging from 4.30 to 4.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.67 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for FUFU is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FUFU is neutral. |
| ChartMill Relative Strength | 20.18 | NEGATIVE | FUFU has a low relative strength, it was outperformed by 79.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FUFU is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FUFU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FUFU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53 | NEUTRAL | The RSI value for FUFU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FUFU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.93 | OVERSOLD | The low Stochastics value suggests FUFU may be oversold. |
| Average True Range in percent/ATR (20) | 9.24 | HIGH VOLATILITY | The high ATR as a percentage value for FUFU suggests high volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for FUFU suggests a possible start of a new 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)
3.78
+0.33 (+9.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg9.57%
1 Week0.27%
2 Weeks-4.55%
1 Month-1.05%
3 Month2.72%
6 Month-29.35%
12 Month-13.1%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%9.24%
ATR Inc-23.26%
Range Today0.4
ADR(20)0.34
ADR(20)%8.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.18
Mansfield-2.18
10 Day High5.38
10 Day Low3.25
20 Day High5.38
20 Day Low3.25
52 Week High6.24
52 Week Low2.91
CS1 End3.73
CR1 Start3.9
Volume & EV
DER(3)-0.26%
DER(5)1.47%
Volume563.60K
Volume Incr-39.62%
Vol(5)466.86K
Vol(50)494.27K