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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.

FWONA●NASDAQ
Communication ServicesEntertainment
$88.31
$0.21(0.24%)
U.S. Market opens in 11h 42m

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 neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.69)
Trend Strength:Weak (ADX: 18.73)
Volatility:Medium (ATR: 2.35)
Support/Resistance:$86.95 – $94.14 (Bollinger Bands)

Technical conditions suggest Formula One Group on the NASDAQ is awaiting a decisive move. This mix signals that Formula One Group is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.33

Bullish
Oversold zone signals rebound potential.

Williams %R: -86.38

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.27

Bearish
Selling pressure outweighs buying.

Takeaway:Formula One Group shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.65

Bullish
Bullish, trend momentum is strengthening.

ADX: 18.73

Weak
Weak trend, market trading sideways.

ATR (14): 2.35

Medium
Medium volatility, healthy price movement.

CCI (14): -95.09

Bearish
Bearish, momentum remains under pressure.

Takeaway:Formula One Group shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$94.14
Middle Band (SMA 20)
$90.54
Lower Band
$86.95
Current Position
Within Bands

Takeaway:Formula One Group trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$94.45
Middle Line (EMA 20)
$89.75
Lower Channel
$85.06
Squeeze Status
Squeeze On

Takeaway:Formula One Group trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume551.35K
Money Flow Index31.83Bearish, selling pressure outweighs inflows.
Relative Vigor Index30.58Bearish, price momentum favors sellers.

Overall Takeaway:FWONA shows bearish money flow, with sellers dominating volume and vigor.

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

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Formula One Group are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: FWONA) Technical Analysis FAQ