PARAGON 28 INC (FNA)
US69913P1057 - Common Stock
We assign a technical rating of 7 out of 10 to FNA. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FNA is only an average performer.
In the last month FNA has a been trading in the 9.61 - 11.01 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are positive. This is a very positive sign.
FNA is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. FNA outperforms 72% of them.
When comparing the yearly performance of all stocks, we notice that FNA is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FNA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FNA is lagging the market slightly.
Besides having an excellent technical rating, FNA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 9.79, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.69
10.86
When analyzing the support we notice one important area.
- Support @9.79 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @10.43 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 10.67 to 10.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.29
Mansfield0
10 Day High11.01
10 Day Low9.61
20 Day High11.01
20 Day Low9.61
52 Week High14.79
52 Week Low4.65
Performance
1 Week-3.74%
2 Weeks0%
1 Month-3.84%
3 Month46%
6 Month74.74%
12 Month-19.5%
2 Year-47.51%
3 Year-43.3%
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)-0.18
RSI(14)55.42
LBB9.71
UBB10.71
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.44 | 9.78 | 0.66 (6.32%) | 15.82% |
| An entry @10.44. This is a Buy Stop order right above the resistance zone. | An exit @9.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.66 points, which is 6.32%. | When investing 15.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of FNA. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PARAGON 28 INC
NYSE:FNA (12/23/2024, 12:07:54 PM)
10.06
+0.03 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.3%
1 Week-3.74%
2 Weeks0%
1 Month-3.84%
3 Month46%
6 Month74.74%
12 Month-19.5%
2 Year-47.51%
3 Year-43.3%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%5.62%
ATR Inc-7.93%
Range Today0.24
ADR(20)0.56
ADR(20)%5.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.29
Mansfield0
10 Day High11.01
10 Day Low9.61
20 Day High11.01
20 Day Low9.61
52 Week High14.79
52 Week Low4.65
CS1 End9.79
CR1 Start10.43
Volume & EV
DER(3)2.16%
DER(5)1.99%
Volume70.52K
Volume Incr35.13%
Vol(5)774.96K
Vol(50)660.43K