FORWARD PHARMA A/S-ADR (FWP) Stock Technical Analysis
NASDAQ:FWP - Nasdaq - US34986J2042 - ADR - Currency: USD
Overall FWP gets a technical rating of 0 out of 10. 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.
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 part of the Biotechnology industry. There are 555 other stocks in this industry, of which 64% are performing better than FWP.
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.
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
1.93
3.25
When analyzing the resistance we notice 4 important areas.
- 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.
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. |
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)
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 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%14.83%
ATR Inc-18.48%
Range Today0.12
ADR(20)N/A
ADR(20)%N/A
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
CS1 EndN/A
CR1 Start2.56
Volume & EV
DER(3)-5.61%
DER(5)-8%
Volume43.30K
Volume Incr704.5%
Vol(5)53.66K
Vol(50)9.57K