Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$104.52
$1.46(1.38%)
U.S. Market opens in 11h 4m

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 to Bearish Risk (RSI: 79.26)
Trend Strength:Strong (ADX: 39.20)
Volatility:Medium (ATR: 3.00)
Support/Resistance:$72.60 – $107.63 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 79.26

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 97.14

Bearish
Overbought levels may trigger pullback.

Williams %R: -7.47

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 27.19

Strongly Bullish
Strong upside momentum.

Takeaway:Formula One Group shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 4.86

Bullish
Bullish, trend momentum is strengthening.

ADX: 39.20

Strong
Strong trend, momentum well established.

ATR (14): 3.00

Medium
Medium volatility, healthy price movement.

CCI (14): 98.93

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
$107.63
Middle Band (SMA 20)
$90.12
Lower Band
$72.60
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$99.60
Middle Line (EMA 20)
$93.60
Lower Channel
$87.61
Squeeze Status
No Squeeze

Takeaway:Formula One Group trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume347.12K
Money Flow Index85.84Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index74.39Bullish, price momentum strongly favors buyers.

Overall Takeaway:FWONA shows overheated money flow, with risk of pullback from overbought conditions.

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.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Formula One Group currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: FWONA) Technical Analysis FAQ