Fitbit Inc (FIT) Stock Technical Analysis
NYSE:FIT - New York Stock Exchange, Inc. -
Overall FIT gets a technical rating of 3 out of 10. FIT was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, FIT is a bad performer in the overall market: 75% of all stocks are doing better.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
FIT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FIT is lagging the market slightly.
In the last month FIT has a been trading in the 6.77 - 7.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FIT has an average volume of 4038760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, FIT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.89, a Stop Loss order could be placed below this zone.
More info and screens
6.04
7.33
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.85 to 6.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.54 to 6.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.10 to 6.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 6.96 to 7.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.25 to 7.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.16
Mansfield-1.21
10 Day High7.08
10 Day Low6.79
20 Day High7.26
20 Day Low6.77
52 Week High7.34
52 Week Low5.85
Performance
1 Week-1.56%
2 Weeks1.76%
1 Month-3.88%
3 Month-2.12%
6 Month2.67%
12 Month3.74%
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)0.01
RSI(14)43.79
LBB6.73
UBB7.11
6.93
-0.06 (-0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.86%
1 Week-1.56%
2 Weeks1.76%
1 Month-3.88%
3 Month-2.12%
6 Month2.67%
12 Month3.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%1.36%
ATR Inc-20.34%
Range Today0.09
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
CRS25.16
Mansfield-1.21
10 Day High7.08
10 Day Low6.79
20 Day High7.26
20 Day Low6.77
52 Week High7.34
52 Week Low5.85
CS1 End6.89
CR1 Start6.96
Volume & EV
DER(3)-3.62%
DER(5)-4.16%
Volume3.32M
Volume Incr-43.56%
Vol(5)2.45M
Vol(50)4.04M