FORWARD PHARMA A/S-ADR (FWP) Technical Analysis
NASDAQ:FWP • US34986J2042
Current stock price
FWP Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to FWP. FWP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than FWP.
- FWP is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 76% are performing better than FWP.
- FWP 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 FWP is lagging the market.
- In the last month FWP has a been trading in the 1.50 - 3.19 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: FWP has an average volume of 9568 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Volume is considerably higher in the last couple of days.
FWP Weekly and Daily overview Charts
FWP Setup Rating and Analysis
The technical rating of FWP is bad and it also does not present a quality setup 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
FWP Support and Resistance Analysis
1.93
4 important resistance areas can be observed.
- A resistance zone ranging from 2.56 to 2.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.93 from a trend line in the daily time frame.
- Resistance @3.04 from a trend line in the daily time frame.
- Resistance @3.22 from a horizontal line in the daily time frame.
FWP 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 FWP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FWP is down. |
| ChartMill Relative Strength | 8.72 | NEGATIVE | FWP has a low relative strength, it was outperformed by 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FWP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FWP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FWP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.95 | NEUTRAL | The RSI value for FWP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FWP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.19 | NEUTRAL | The Stochastics value for FWP is a neutral value. |
| Average True Range in percent/ATR (20) | 14.83 | HIGH VOLATILITY | The high ATR as a percentage value for FWP suggests high volalility. |
| Average Directional Index/ADX (14) | 33.06 | POSITIVE | The high ADX value value for FWP suggests a strong trend. |
FWP Chart- and CandleStick Pattern Analysis
FWP Technicals: Chart, Performance Metrics, Trend & Indicators
1.95
+0.14 (+7.73%)
FORWARD PHARMA A/S-ADR / FWP TA FAQ
Can you provide the ChartMill technical rating for FORWARD PHARMA A/S-ADR?
ChartMill assigns a technical rating of 0 / 10 to FWP.
Can you provide the trend direction for FORWARD PHARMA A/S-ADR?
The current trend direction for FORWARD PHARMA A/S-ADR (FWP) is Bearish.
What is the RSI signal for FORWARD PHARMA A/S-ADR (FWP) stock?
FORWARD PHARMA A/S-ADR (FWP) has an RSI value of 34.9495. This indicates that the stock is currently neutral.
What is the MACD signal for FORWARD PHARMA A/S-ADR (FWP) stock?
The MACD indicator for FORWARD PHARMA A/S-ADR (FWP) has a value of -0.0889622, indicating a bearish trend.
Can you provide the support and resistance levels for FORWARD PHARMA A/S-ADR?
FORWARD PHARMA A/S-ADR (FWP) has a resistance level at 2.56. Check the full technical report for our detailed analysis of FWP support and resistance levels.