FTC SOLAR INC (FTCI)

US30320C1036 - Common Stock

4.51  -0.33 (-6.82%)

Technical Rating and Analysis

5

Taking everything into account, FTCI scores 5 out of 10 in our technical rating. FTCI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

66% of all other stocks performed better in the past year than FTCI.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FTCI is an average performer in the Electrical Equipment industry, it outperforms 46% of 89 stocks in the same industry.
FTCI 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 FTCI is lagging the market slightly.
In the last month FTCI has a been trading in the 2.69 - 6.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FTCI Weekly chart
FTCI Daily chart
Setup Rating and Analysis

3

FTCI has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

3.09

6.06

When analyzing the support we can see 2 important areas.

  • Support @3.30 from a trend line in the weekly time frame.
  • Support @3.12 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 4.83 to 4.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @6.00 from a trend line in the daily 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
CRS34.47
Mansfield-0.14
10 Day High6.48
10 Day Low3.09
20 Day High6.48
20 Day Low2.69
52 Week High7.4
52 Week Low1.76
Performance
1 Week-12.16%
2 Weeks54.14%
1 Month43.62%
3 Month7.63%
6 Month15.51%
12 Month-14.79%
2 Year-82.4%
3 Year-88.53%
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)54.7
LBB2.3
UBB6.86
FTCI Daily chart

FTC SOLAR INC

NASDAQ:FTCI (1/10/2025, 9:43:05 AM)

4.51

-0.33 (-6.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-6.82%
1 Week-12.16%
2 Weeks54.14%
1 Month43.62%
3 Month7.63%
6 Month15.51%
12 Month-14.79%
2 Year-82.4%
3 Year-88.53%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%14.03%
ATR Inc7.47%
Range Today0.26
ADR(20)0.68
ADR(20)%14.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.47
Mansfield-0.14
10 Day High6.48
10 Day Low3.09
20 Day High6.48
20 Day Low2.69
52 Week High7.4
52 Week Low1.76
CS1 End3.3
CR1 Start6
Volume & EV
DER(3)-9.85%
DER(5)-5.18%
Volume1.97K
Volume Incr-25.81%
Vol(5)195.76K
Vol(50)810.81K