FORWARD PHARMA A/S-ADR (FWP)

US34986J2042 - ADR

1.95  +0.14 (+7.73%)

After market: 1.5 -0.45 (-23.08%)

Technical Rating and Analysis

0

Taking everything into account, FWP scores 0 out of 10 in our technical rating. FWP'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FWP is a bad performer in the overall market: 92% of all stocks are doing better.
FWP is one of the lesser performing stocks in the Biotechnology industry. 74% of 592 stocks in the same industry do better.
FWP 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.
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.
Weekly and Daily overview Charts
FWP Weekly chart
FWP Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

1.93

3.25

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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.72
Mansfield-5.15
10 Day High3
10 Day Low1.5
20 Day High3.19
20 Day Low1.5
52 Week High6.48
52 Week Low1.5
Performance
1 Week8.94%
2 Weeks-34.34%
1 Month-35%
3 Month-34.12%
6 Month-55.17%
12 Month-67.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)34.95
LBB1.43
UBB3.36
FWP Daily chart

FORWARD PHARMA A/S-ADR

NASDAQ:FWP (12/27/2022, 7:27:04 PM)

After market: 1.5 -0.45 (-23.08%)

1.95

+0.14 (+7.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.73%
1 Week8.94%
2 Weeks-34.34%
1 Month-35%
3 Month-34.12%
6 Month-55.17%
12 Month-67.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.29
ATR(20)%14.83%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3
10 Day Low1.5
20 Day High3.19
20 Day Low1.5
52 Week High6.48
52 Week Low1.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume43.30K
Volume Incr704.5%
Vol(5)53.66K
Vol(50)9.57K