Formula One Group
Formula One Group (FWONB) Stock Technical Analysis & Trading Signals
Live technical indicators, trading signals, and momentum insights for Formula One Group (PNK:FWONB).
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 DisclaimerFWONB Technical Analysis Summary
Formula One Group stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.
Technical conditions suggest Formula One Group is consolidating, awaiting a decisive move.
RSI (14): 37.52
Stochastic %K: 6.63
Williams %R: -90.05
Rate of Change (ROC): -2.85
Takeaway:Formula One Group shows strong bearish momentum, signaling downside pressure.
MACD: -1.58
ADX: 29.25
ATR (14): 0.83
CCI (14): -77.56
Takeaway:Formula One Group shows weakening trend signals, with bearish pressure building.
Takeaway:Formula One Group trades closer to support, showing weaker momentum within bands.
Takeaway:Formula One Group trades near the lower channel, signaling strong support and possible rebound.
Overall Takeaway:FWONB shows oversold money flow, with rebound potential building.
Bullish Signals
ADX above 20 → strong underlying trend.
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:Formula One Group shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.