FISCALNOTE HOLDINGS INC (NOTE) Stock Technical Analysis
NYSE:NOTE • US3376553026
Overall NOTE gets a technical rating of 0 out of 10. NOTE 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, NOTE is a bad performer in the overall market: 99% of all stocks are doing better.
- NOTE is one of the lesser performing stocks in the Professional Services industry. 82% of 88 stocks in the same industry do better.
- NOTE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NOTE has a been trading in the 0.80 - 1.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, NOTE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for NOTE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.05
When analyzing the support we notice one important area.
- Support @1.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.17 from a trend line in the daily time frame.
- A resistance zone ranging from 1.22 to 1.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.28 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 NOTE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOTE is down. |
| ChartMill Relative Strength | 1.8 | NEGATIVE | NOTE has a low relative strength, it was outperformed by 98.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NOTE is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOTE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOTE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.49 | NEUTRAL | The RSI value for NOTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NOTE has a positive trend. |
| Stochastics (14,3) | 56.7 | NEUTRAL | The Stochastics value for NOTE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.77 | HIGH VOLATILITY | The high ATR as a percentage value for NOTE suggests high volalility. |
| Average Directional Index/ADX (14) | 26.76 | POSITIVE | The high ADX value value for NOTE suggests a strong trend. |
1.14
+0.08 (+7.55%)
FISCALNOTE HOLDINGS INC / NOTE FAQ
What is the technical rating for NOTE stock?
ChartMill assigns a technical rating of 0 / 10 to NOTE.
What is the trend direction for NOTE stock?
The current trend direction for FISCALNOTE HOLDINGS INC (NOTE) is Bearish.
What is the RSI signal for FISCALNOTE HOLDINGS INC (NOTE) stock?
FISCALNOTE HOLDINGS INC (NOTE) has an RSI value of 45.488. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FISCALNOTE HOLDINGS INC?
The short term momentum for FISCALNOTE HOLDINGS INC (NOTE) is negative.
Can you provide the support and resistance levels for FISCALNOTE HOLDINGS INC?
FISCALNOTE HOLDINGS INC (NOTE) has a support level at 1.06 and a resistance level at 1.17. Check the full technical report for our detailed analysis of NOTE support and resistance levels.