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Formula One Group

FWONA Technical Analysis Summary (NASDAQ)

Analyze FWONA on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FWONANASDAQ
$96.26
$1.92(1.96%)
U.S. Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FWONA Technical Analysis Summary (NASDAQ)

Formula One Group (NASDAQ: FWONA) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.47)
Trend Strength:Moderate (ADX: 20.61)
Volatility:Medium (ATR: 2.35)
Support/Resistance:$87.97 – $98.82 (Bollinger Bands)

Technical conditions suggest Formula One Group on the NASDAQ is awaiting a decisive move. Overall, Formula One Group remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 60.47

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.27

Bearish
Overbought levels may trigger pullback.

Williams %R: -19.52

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.09

Strongly Bullish
Strong upside momentum.

Takeaway:Formula One Group shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.87

Bullish
Bullish, trend momentum is strengthening.

ADX: 20.61

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.35

Medium
Medium volatility, healthy price movement.

CCI (14): 93.76

Bullish
Bullish, momentum building upward.

Takeaway:Formula One Group shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$98.82
Middle Band (SMA 20)
$93.39
Lower Band
$87.97
Current Position
Within Bands

Takeaway:Formula One Group trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$98.62
Middle Line (EMA 20)
$93.93
Lower Channel
$89.23
Squeeze Status
No Squeeze

Takeaway:Formula One Group trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.15M
Money Flow Index76.09Bullish, inflows support continued momentum.
Relative Vigor Index50.81Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:FWONA shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Formula One Group (NASDAQ: FWONA), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Formula One Group stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(NASDAQ: FWONA) Technical Analysis FAQ