BITFUFU INC-A (FUFU) Stock Technical Analysis
NASDAQ:FUFU - Nasdaq - KYG1152A1040 - Common Stock - Currency: USD
Taking everything into account, FUFU scores 1 out of 10 in our technical rating. FUFU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
77% of all other stocks performed better in the past year than FUFU.
FUFU is one of the lesser performing stocks in the Software industry. 62% of 282 stocks in the same industry do better.
FUFU is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FUFU is lagging the market.
In the last month FUFU has a been trading in the 3.24 - 4.14 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, FUFU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.42
5.83
We found 1 important support area.
- Support @3.45 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.66 to 3.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.05 to 5.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.44 from a horizontal line in the daily time frame.
- Resistance @5.77 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 | DOWN | NEGATIVE | The long term trend for FUFU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FUFU is down. |
| ChartMill Relative Strength | 23.57 | NEGATIVE | FUFU has a low relative strength, it was outperformed by 76.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FUFU is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FUFU is below a declining 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) | 39.95 | NEUTRAL | The RSI value for FUFU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FUFU has a negative trend. |
| Stochastics (14,3) | 12.65 | OVERSOLD | The low Stochastics value suggests FUFU may be oversold. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for FUFU suggests high volalility. |
| Average Directional Index/ADX (14) | 15.61 | NEGATIVE | The low ADX value for FUFU suggests a weak or negative 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)
3.46
-0.03 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.86%
1 Week-8.47%
2 Weeks-5.72%
1 Month5.81%
3 Month-30.8%
6 Month-36.63%
12 Month4.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%7.34%
ATR Inc-14.95%
Range Today0.12
ADR(20)0.25
ADR(20)%7.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.57
Mansfield-2.77
10 Day High4
10 Day Low3.36
20 Day High4.14
20 Day Low3.24
52 Week High7.39
52 Week Low3
CS1 End3.45
CR1 Start3.66
Volume & EV
DER(3)-11.81%
DER(5)-7.76%
Volume373.10K
Volume Incr31.08%
Vol(5)516.00K
Vol(50)328.83K