NASDAQ:FNY - Nasdaq - US33737M1027 - ETF - Currency: USD
Overall FNY gets a technical rating of 1 out of 10. FNY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, FNY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 73.73. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 71.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FNY in the last couple of days, which is a good sign.
67.02
When analyzing the support we can see 2 important areas.
3 important resistance areas can be observed.
73.72
+0.22 (+0.3%)