Logo image of FTCI

FTC SOLAR INC (FTCI) Stock Technical Analysis

NASDAQ:FTCI - Nasdaq - US30320C1036 - Common Stock - Currency: USD

3.29  +0.04 (+1.23%)

After market: 3.21 -0.08 (-2.43%)

Technical Rating and Analysis

0

Overall FTCI gets a technical rating of 0 out of 10. FTCI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FTCI is a bad performer in the overall market: 81% of all stocks are doing better.
FTCI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FTCI is lagging the market.
In the last month FTCI has a been trading in the 2.92 - 4.28 range, which is quite wide. It is currently trading near the lows of this range.
FTCI is an average performer in the Electrical Equipment industry, it outperforms 52% of 93 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FTC SOLAR INC / FTCI Weekly stock chart
FTC SOLAR INC / FTCI Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, FTCI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

2.97

5.63

We found 2 important support areas.

  • Support @3.13 from a trend line in the daily time frame.
  • A support zone ranging from 3.00 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

  • Resistance @3.41 from a trend line in the daily time frame.
  • A resistance zone ranging from 3.55 to 3.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @3.66 from a horizontal line in the daily time frame.
  • Resistance @5.57 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.96
Mansfield-2.83
10 Day High4.2
10 Day Low2.92
20 Day High4.28
20 Day Low2.92
52 Week High7.4
52 Week Low1.76
Performance
1 Week-2.66%
2 Weeks-2.95%
1 Month-21.48%
3 Month4.48%
6 Month38.99%
12 Month-35.17%
2 Year-89.28%
3 Year-93.01%
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
RSI(14)40.98
LBB2.98
UBB3.85
FTC SOLAR INC / FTCI Daily stock chart

FTC SOLAR INC

NASDAQ:FTCI (2/24/2025, 8:00:00 PM)

After market: 3.21 -0.08 (-2.43%)

3.29

+0.04 (+1.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.23%
1 Week-2.66%
2 Weeks-2.95%
1 Month-21.48%
3 Month4.48%
6 Month38.99%
12 Month-35.17%
2 Year-89.28%
3 Year-93.01%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%10.38%
ATR Inc-33.54%
Range Today0.26
ADR(20)0.33
ADR(20)%10.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.96
Mansfield-2.83
10 Day High4.2
10 Day Low2.92
20 Day High4.28
20 Day Low2.92
52 Week High7.4
52 Week Low1.76
CS1 End3.13
CR1 Start3.41
Volume & EV
DER(3)-4.44%
DER(5)-0.93%
Volume79.50K
Volume Incr-9.88%
Vol(5)86.44K
Vol(50)153.11K