FUSEMACHINES INC (FUSE) Technical Analysis
NASDAQ:FUSE • US36118R1032
Current stock price
FUSE Technical Rating and Analysis
Taking everything into account, FUSE scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, FUSE is a bad performer.
- 100% of all other stocks performed better in the past year than FUSE.
- FUSE is one of the lesser performing stocks in the IT Services industry. 88% of 89 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month FUSE has a been trading in the 0.80 - 2.26 range, which is quite wide. It is currently trading near the high of this range.
- FUSE has an average volume of 3010770 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.
FUSE Weekly and Daily overview Charts
FUSE Setup Rating and Analysis
Although FUSE has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
FUSE Support and Resistance Analysis
1.71
We found 1 important support area.
- Support @1.73 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @1.88 from a horizontal line in the weekly time frame.
- Resistance @1.92 from a trend line in the daily time frame.
- Resistance @1.97 from a horizontal line in the daily time frame.
FUSE Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FUSE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FUSE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | FUSE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FUSE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FUSE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.75 | NEUTRAL | The RSI value for FUSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests FUSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.29 | NEUTRAL | The Stochastics value for FUSE is a neutral value. |
| Average True Range in percent/ATR (20) | 13.77 | HIGH VOLATILITY | The high ATR as a percentage value for FUSE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.44 | POSITIVE | The high ADX value value for FUSE suggests a strong trend. |
FUSE Chart- and CandleStick Pattern Analysis
FUSE Technicals: Chart, Performance Metrics, Trend & Indicators
1.84
-0.03 (-1.6%)
FUSEMACHINES INC / FUSE TA FAQ
What is the ChartMill technical rating of FUSEMACHINES INC (FUSE) stock?
ChartMill assigns a technical rating of 7 / 10 to FUSE.
What is the current trend direction of FUSEMACHINES INC (FUSE) stock?
The current trend direction for FUSEMACHINES INC (FUSE) is Bullish.
What is the RSI signal for FUSEMACHINES INC (FUSE) stock?
FUSEMACHINES INC (FUSE) has an RSI value of 59.7499. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FUSEMACHINES INC?
The MACD indicator for FUSEMACHINES INC (FUSE) has a value of 0.0450542, indicating a bearish trend.
What is the support and resistance level for FUSE stock?
FUSEMACHINES INC (FUSE) has a support level at 1.73 and a resistance level at 1.88. Check the full technical report for our detailed analysis of FUSE support and resistance levels.