LIBERTY MEDIA CORP-FORMULA-C (FWONK) Stock Technical Analysis
NASDAQ:FWONK • US5312297550
Taking everything into account, FWONK scores 0 out of 10 in our technical rating. FWONK 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.
- 80% of all other stocks performed better in the past year than FWONK.
- FWONK 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.
- FWONK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- FWONK has an average volume of 1738080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FWONK is part of the Entertainment industry. There are 80 other stocks in this industry, FWONK did better than 50% of them.
FWONK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 85.25, a Stop Loss order could be placed below this zone.
More info and screens
83.57
We found 1 important support area.
- A support zone ranging from 84.41 to 85.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @89.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 93.60 to 95.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @98.04 from a horizontal line in the weekly time frame.
- 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 | DOWN | NEGATIVE | The long term trend for FWONK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FWONK is down. |
| ChartMill Relative Strength | 20.12 | NEGATIVE | FWONK has a low relative strength, it was outperformed by 79.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FWONK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FWONK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FWONK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.37 | NEUTRAL | The RSI value for FWONK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests FWONK has a positive trend. |
| Stochastics (14,3) | 29.99 | NEUTRAL | The Stochastics value for FWONK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for FWONK suggests some volalility. |
| Average Directional Index/ADX (14) | 32.84 | POSITIVE | The high ADX value value for FWONK suggests a strong trend. |
85.55
+0.75 (+0.88%)
LIBERTY MEDIA CORP-FORMULA-C / FWONK FAQ
What is the technical rating for FWONK stock?
ChartMill assigns a technical rating of 0 / 10 to FWONK.
Can you provide the trend direction for LIBERTY MEDIA CORP-FORMULA-C?
The current trend direction for LIBERTY MEDIA CORP-FORMULA-C (FWONK) is Bearish.
What is the RSI signal for LIBERTY MEDIA CORP-FORMULA-C (FWONK) stock?
LIBERTY MEDIA CORP-FORMULA-C (FWONK) has an RSI value of 38.3662. This indicates that the stock is currently neutral.
What is the MACD signal for FWONK stock?
The MACD indicator for LIBERTY MEDIA CORP-FORMULA-C (FWONK) has a value of 0.0756278, indicating a bearish trend.
What is the buy/sell signal for FWONK stock?
The buy/sell signal for LIBERTY MEDIA CORP-FORMULA-C (FWONK) is sell as both the short term and long term trends are negative.