MENU

FNGR Stock FingerMotion (FNGR, $2.1) Moving Average Convergence Divergence (MACD) Histogram turned negative on October 16, 2024

A.I.dvisor
at Tickeron.com
10/17/24
Loading...
FNGR - FingerMotion
MACD signal
Bearish Trend
Odds of DOWN Trend
MACD signal
Price: $2.1
Daily change: -$0.035 (-1.64%)
Daily volume: 261.2K
Industry: Wireless Telecommunications
This is a Bearish indicator signaling FNGR's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 44 similar cases where FNGR's MACD histogram became negative, and of them led to successful outcomes. Odds of Success:

FNGR in -3.89% downward trend, sliding for three consecutive days on October 16, 2024

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FNGR declined for three days, in of 311 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for FNGR turned negative on October 16, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

FNGR broke above its upper Bollinger Band on October 10, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Momentum Indicator moved above the 0 level on October 16, 2024. You may want to consider a long position or call options on FNGR as a result. In of 97 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

FNGR moved above its 50-day moving average on September 26, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FNGR advanced for three days, in of 239 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 137 cases where FNGR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FNGR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (10.000) is normal, around the industry mean (4.702). P/E Ratio (0.000) is within average values for comparable stocks, (113.219). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (9.572). FNGR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.059). P/S Ratio (3.021) is also within normal values, averaging (13.293).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FNGR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock worse than average.

View a ticker or compare two or three
FNGR
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

Industry WirelessTelecommunications

Profile
Fundamentals
Details
Industry
N/A
Address
111 Somerset Road
Phone
347 349-5339
Employees
59
Web
https://www.fingermotion.com