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Formula One Group

FWONK•NASDAQ
Communication Services
Entertainment
$87.81
$-2.43(-2.69%)
U.S. Market opens in 12h 20m

Formula One Group (FWONK) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Formula One Group (NASDAQ:FWONK).

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

FWONK Technical Analysis Summary

Formula One Group stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.05)
Trend Strength:Moderate (ADX: 26.20)
Volatility:Medium (ATR: 2.38)
Support/Resistance:$83.46 – $90.70 (Bollinger Bands)

Technical conditions suggest Formula One Group is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.05

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 79.71

Bullish
Buying momentum building without extremes.

Williams %R: -39.39

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.74

Bullish
Steady upward momentum.

Takeaway:Formula One Group shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.58

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.20

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.38

Medium
Medium volatility, healthy price movement.

CCI (14): 80.03

Bullish
Bullish, momentum building upward.

Takeaway:Formula One Group shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$90.70
Middle Band (SMA 20)
$87.08
Lower Band
$83.46
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$92.66
Middle Line (EMA 20)
$87.90
Lower Channel
$83.15
Squeeze Status
Squeeze On

Takeaway:Formula One Group trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-445.29K
Money Flow Index47.06Neutral, balanced money flows with no clear signal.
Relative Vigor Index59.29Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:FWONK shows mixed signals in money flow analysis.

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

Bullish Signals

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 shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ