FISCALNOTE HOLDINGS INC (NOTE) Stock Technical Analysis
NYSE:NOTE - New York Stock Exchange, Inc. - US3376551046 - Common Stock - Currency: USD
Taking everything into account, NOTE scores 1 out of 10 in our technical rating. 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.
95% of all other stocks performed better in the past year than NOTE.
NOTE is part of the Professional Services industry. There are 82 other stocks in this industry, of which 82% are performing better than NOTE.
NOTE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NOTE is lagging the market.
In the last month NOTE has a been trading in the 0.53 - 0.85 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NOTE has an average volume of 2892570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of NOTE 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
0.54
0.82
When analyzing the support we notice one important area.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.75 from a trend line in the daily time frame.
- Resistance @0.81 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for NOTE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOTE is down. |
| ChartMill Relative Strength | 5.86 | NEGATIVE | NOTE has a low relative strength, it was outperformed by 94.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOTE is below 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) | 40.48 | NEUTRAL | The RSI value for NOTE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NOTE has a negative trend. |
| Stochastics (14,3) | 8.97 | OVERSOLD | The low Stochastics value suggests NOTE may be oversold. |
| Average True Range in percent/ATR (20) | 14.27 | HIGH VOLATILITY | The high ATR as a percentage value for NOTE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.54 | NEUTRAL | The ADX value for NOTE suggests a possible start of a new 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)
0.5621
0 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.78%
1 Week-27.84%
2 Weeks-21.2%
1 Month-25.05%
3 Month-13.67%
6 Month-55.03%
12 Month-58.67%
2 Year-74.57%
3 Year-92.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%14.27%
ATR Inc-49%
Range Today0.05
ADR(20)0.07
ADR(20)%13.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.86
Mansfield-4.63
10 Day High0.85
10 Day Low0.53
20 Day High0.85
20 Day Low0.53
52 Week High2.03
52 Week Low0.48
CS1 End0.55
CR1 Start0.75
Volume & EV
DER(3)1.38%
DER(5)-0.96%
Volume1.92M
Volume Incr0.62%
Vol(5)3.64M
Vol(50)2.89M