LIBERTY MEDIA CORP-FORMULA-C (FWONK) Technical Analysis
NASDAQ:FWONK • US5312297550
Current stock price
FWONK Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to FWONK. FWONK'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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 71% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so FWONK is lagging the market.
- FWONK has an average volume of 2227660 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 79 other stocks in this industry, FWONK did better than 53% of them.
- In the last month FWONK has a been trading in the 81.28 - 93.22 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FWONK Weekly and Daily overview Charts
FWONK Setup Rating and Analysis
FWONK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 88.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 83.66, a Stop Loss order could be placed below this zone.
More info and screens
FWONK Support and Resistance Analysis
82.82
When analyzing the support we notice one important area.
- A support zone ranging from 83.66 to 83.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 88.24 to 92.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @105.27 from a horizontal line in the daily time frame.
FWONK Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for FWONK is neutral. |
| ChartMill Relative Strength | 29.23 | NEGATIVE | FWONK has a low relative strength, it was outperformed by 70.77% 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) | 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) | 50.75 | NEUTRAL | The RSI value for FWONK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests FWONK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.07 | NEUTRAL | The Stochastics value for FWONK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for FWONK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.6 | NEGATIVE | The low ADX value for FWONK suggests a weak or negative trend. |
FWONK Chart- and CandleStick Pattern Analysis
FWONK Technicals: Chart, Performance Metrics, Trend & Indicators
87.19
+3.53 (+4.22%)
LIBERTY MEDIA CORP-FORMULA-C / FWONK TA FAQ
What is the technical rating for FWONK stock?
ChartMill assigns a technical rating of 1 / 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 50.7478. 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 -0.0560942, indicating a bearish trend.