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Futura Medical (FUM)

45.98p

13:39 20/08/19

  • 8.19% 3.48p
  • Today's Low & High
  • 42.11 / 46.00
  • Open / Previous Close
  • 42.50 / 42.50
  • 52-week range
  • 61.97% 17.59p
  • Volume
  • 626,364
  • Market Cap(million)
  • £94.10m

Technical Analysis

Support and resistance levels

S1

0.38
-12.00%

R1

0.46
7.00%

S2

0.06
-86.00%

R2

0.49
14.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 0.41
  • 0.40
  • Levels of negotiation support resistance
  • 0.43
  • 0.44

Technical situation

Long term bearish bias is cancelled / Bullish in the short term if it goes above the resistance zone at 0.49.

Recommendation

Short term comment

Rises from the last lows set at allows the long-term trend to lose the negative bias. As long as it doesn't go above the previous resistance located at 0.49 mid terms won't be bullish biased.

Long term comment

From some months ago, long-term scenario remains bullish. Exhaustion signals that could alert for a trend turn, furthermore, are not yet noticeable.

Indicator Previous Current Signal Comment
RSI 7 41.49 51.53 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 49.15 53.33 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 52.66 55.30 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 56.78 57.99 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 53.71 54.18 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 0.42 0.42 Very short-term trend is bullish.
Simple Moving Average 21 0.43 0.43 Short/Mid-term trend is indefinite.
Simple Moving Average 50 0.37 0.38 Bullish mid-term trend.
Simple Moving Average 200 0.20 0.20 Extremely bullish long-term trend.
Exponential Moving Average 7 0.43 0.43 Very short-term trend is indefinite.
Exponential Moving Average 21 0.42 0.42 Bullish mid-term trend.
Exponential Moving Average 50 0.42 0.42 Indefinite mid-term trend.
Exponential Moving Average 200 0.42 0.42 Indefinite long-term trend.
MACD Line 0.01 0.01 Price following bullish trend.
MACD Signal 0.02 0.02 Price following bullish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 0.43 0.43 Very short-term trend is indefinite.
Double Exponential Moving Average 21 0.41 0.41 Bullish mid-term trend.
Double Exponential Moving Average 50 0.41 0.41 Bullish mid-term trend.
Double Exponential Moving Average 200 0.41 0.41 Indefinite long-term trend.
Divergences n/a n/a NO
On Balance Vol. -81,111.49 -75,001.98 OBV is bearish.
Momentum 7 -0.01 0.01 High rising speed, though not extreme, in very short terms.
Momentum 7 -0.02 0.01 Strong, though not extreme, rising speed in the short term.
% K Williams 0.00 0.00 Overbought, would favour a bearish turn.
Priority Date Notification
30/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
29/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
26/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
25/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
24/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
23/07/2019 Bearish signal from fast stochastic. Previous close's weakness points the risk of falls after a recent positive move.
22/07/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.
19/07/2019 Heavy overbuying according to RSI7, caution since it might stand for short-term falls.
19/07/2019 RSI14 points some overbuying, therefore bearish pressure is likely to increase in short and mid terms.
19/07/2019 RSI7 points some overbuying, therefore bearish pressure is likely to increase in mid terms.
19/07/2019 Slight weakness pointed by fast stochastics. Likely subsequent short-term drops.