FUSION PHARMACEUTICALS INC (FUSN) Stock Technical Analysis
NASDAQ:FUSN - Nasdaq - CA36118A1003 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to FUSN. Both in the recent history as in the last year, FUSN has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FUSN did better than 99% of all other stocks. We also observe that the gains produced by FUSN over the past year are nicely spread over this period.
FUSN is part of the Biotechnology industry. There are 572 other stocks in this industry. FUSN outperforms 99% of them.
FUSN is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
FUSN has an average volume of 1089430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FUSN has a been trading in a tight range between 21.35 and 21.60.
Volume is considerably higher in the last couple of days.
FUSN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FUSN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
10.85
21.78
4 important support areas can be observed.
- A support zone ranging from 21.24 to 21.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.34 from a trend line in the weekly time frame.
- Support @13.10 from a trend line in the daily time frame.
- Support @10.96 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.56 to 21.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.5
Mansfield11.16
10 Day High21.6
10 Day Low21.38
20 Day High21.6
20 Day Low21.35
52 Week High21.6
52 Week Low2.31
Performance
1 Week0.33%
2 Weeks0.19%
1 Month0.47%
3 Month114.64%
6 Month270.28%
12 Month335.35%
2 Year765.46%
3 Year166.71%
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)-0.08
RSI(14)69.06
LBB21.41
UBB21.57
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 |
|---|---|---|---|
| 21.57 | 21.37 | 0.20 (0.93%) | 25.00% |
| An entry @21.57. This is a Buy Stop order right above the resistance zone. | An exit @21.37. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.20 points, which is 0.93%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- 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.
21.55
+0.03 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.14%
1 Week0.33%
2 Weeks0.19%
1 Month0.47%
3 Month114.64%
6 Month270.28%
12 Month335.35%
2 Year765.46%
3 Year166.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.4%
ATR Inc75%
Range Today0.14
ADR(20)0.08
ADR(20)%0.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.5
Mansfield11.16
10 Day High21.6
10 Day Low21.38
20 Day High21.6
20 Day Low21.35
52 Week High21.6
52 Week Low2.31
CS1 End21.49
CR1 Start21.56
Volume & EV
DER(3)4.03%
DER(5)2.34%
Volume6.09M
Volume Incr582.12%
Vol(5)2.70M
Vol(50)1.09M