LIBERTY MEDIA CORP-FORMULA-C (FWONK) Stock Technical Analysis
USA - NASDAQ:FWONK - US5312297550
104.28 USD
-0.65 (-0.62%)
104.28 USD
0 (0%)
Overall FWONK gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FWONK is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FWONK is one of the better performing stocks in the market, outperforming 80% of all stocks.
FWONK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FWONK has a been trading in the 97.85 - 105.88 range, which is quite wide. It is currently trading near the high of this range.
FWONK has an average volume of 1011630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FWONK is an average performer in the Entertainment industry, it outperforms 63% of 80 stocks in the same industry.
FWONK has an excellent technical rating and also presents 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 105.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 103.37, a Stop Loss order could be placed below this zone.
More info and screens
82.02
106.32
3 important support areas can be observed.
- A support zone ranging from 101.02 to 103.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 95.17 to 96.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.85 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 105.27 to 105.27. 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 FWONK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FWONK is up. |
| ChartMill Relative Strength | 80.12 | POSITIVE | FWONK has a high relative strength, it outperformed 80.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FWONK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FWONK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FWONK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.88 | NEUTRAL | The RSI value for FWONK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests FWONK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.14 | OVERBOUGHT | The high Stochastics value suggests FWONK may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for FWONK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.68 | NEGATIVE | The low ADX value for FWONK 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 105.28 | 101.01 | 4.27 (4.06%) | 24.66% |
| An entry @105.28. This is a Buy Stop order right above the resistance zone. | An exit @101.01. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.27 points, which is 4.06%. | For a 1.00% total portfolio risk, you can invest 24.66% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
104.28
-0.65 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.62%
1 Week1.44%
2 Weeks5.41%
1 Month4.38%
3 Month1.24%
6 Month29.54%
12 Month35.18%
2 Year67.38%
3 Year78.26%
5 Year187.51%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.47
ATR(20)%2.22%
ATR Inc-35.68%
Range Today2.12
ADR(20)2.27
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.12
Mansfield0.06
10 Day High105.88
10 Day Low98.21
20 Day High105.88
20 Day Low97.85
52 Week High106.26
52 Week Low74.34
CS1 End103.37
CR1 Start105.27
Volume & EV
DER(3)0.78%
DER(5)-1.57%
Volume1.28M
Volume Incr8.76%
Vol(5)1.04M
Vol(50)1.01M