SIX FLAGS ENTERTAINMENT CORP (FUN) Stock Technical Analysis
NYSE:FUN - New York Stock Exchange, Inc. - US83001C1080 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to FUN. FUN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than FUN.
FUN is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 85% of 135 stocks in the same industry do better.
FUN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
FUN has an average volume of 2356930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FUN has a been trading in the 29.07 - 32.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FUN has a poor technical rating and the quality of the setup is also not perfect 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
29.42
39.90
We can see 5 important resistance areas.
- A resistance zone ranging from 30.79 to 31.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 32.15 to 32.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 32.91 to 33.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.37 from a horizontal line in the daily time frame.
- A resistance zone ranging from 38.88 to 39.50. 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 | DOWN | NEGATIVE | The long term trend for FUN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FUN is down. |
| ChartMill Relative Strength | 7.29 | NEGATIVE | FUN has a low relative strength, it was outperformed by 92.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FUN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FUN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FUN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.21 | NEUTRAL | The RSI value for FUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests FUN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.03 | NEUTRAL | The Stochastics value for FUN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.1 | MEDIUM VOLATILITY | The ATR as a percentage value for FUN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.71 | NEUTRAL | The ADX value for FUN 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)
29.72
-1.63 (-5.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-5.2%
1 Week-7.56%
2 Weeks-3%
1 Month-7.21%
3 Month-6.86%
6 Month-35.91%
12 Month-43.86%
2 Year-23.7%
3 Year-29.56%
5 Year24.66%
10 Year-44.6%
15 Year120.15%
Volatility
ATR(14)1.17
ATR(20)%4.1%
ATR Inc17.78%
Range Today1.47
ADR(20)1.17
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.29
Mansfield-3.19
10 Day High32.53
10 Day Low29.65
20 Day High32.53
20 Day Low29.07
52 Week High54.58
52 Week Low28.02
CS1 EndN/A
CR1 Start30.79
Volume & EV
DER(3)-2.64%
DER(5)-1.79%
Volume2.03M
Volume Incr40.18%
Vol(5)3.14M
Vol(50)2.36M