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Advanced TA SearchArchive - 5/17/2024 - Sign In to see current Signals. |
Fidelity National Information Services (FIS) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a third positive week after 4 consecutive negative weeks for the Fidelity National Information Services (FIS). During the week, the FIS gained 3.72 points, or 4.98%, and closed at 78.36 on Friday, May 17, 2024. FIS was trading at average weekly trading volume. Long-term trend: [See FIS long-term trend chart] A long-term downtrend had started on February 14, 2020 at 158.21 and reached 46.91 on October 27, 2023. FIS lost 111.30 points, or 70.35%, in 193 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 40.07 and resistance is at 146.81. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend. Medium-term trend: [See FIS medium-term trend chart] A medium-term uptrend had started on October 27, 2023 at 46.91 and reached 78.56 on May 17, 2024. FIS gained -31.65 points, or -67.47%, in 29 weeks. Price is near the trend high. Weekly Technical Indicators: [See FIS weekly technical indicators chart] Weekly Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since November 10, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help. Short-term trend: [See FIS short-term trend chart] A short-term uptrend had started on May 1, 2024 at 66.72 and reached 78.56 on May 17, 2024. FIS gained -11.84 points, or -17.75%, in 16 days. Price is near the trend high. Daily Technical Indicators: [See FIS daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help. The daily MACD line is above its signal line since May 6, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term uptrend is strong. During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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