Technical Analysis for FTOCU - FTAC Olympus Acquisition Corp. - Unit

Grade Last Price % Change Price Change
D 12.3038 -0.86% -0.11
FTOCU closed down 4.24 percent on Tuesday, March 2, 2021, on 70 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical FTOCU trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish -0.86%
MACD Bearish Centerline Cross Bearish -0.86%
180 Bearish Setup Bearish Swing Setup -0.86%
Outside Day Range Expansion -0.86%
Oversold Stochastic Weakness -0.86%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -5.06%
Narrow Range Bar Range Contraction -5.06%
NR7 Range Contraction -5.06%
Inside Day Range Contraction -5.06%
Oversold Stochastic Weakness -5.06%
Older End-of-Day Signals for FTOCU ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
50 DMA Support about 19 hours ago
Lower Bollinger Band Support about 19 hours ago
Down 5% about 22 hours ago
Down 3% about 22 hours ago
Fell Below Lower Bollinger Band about 22 hours ago
View Earlier Intraday Alerts

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Profile

FTAC Olympus Acquisition Corp. operates as a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses for its initial business. The company is founded on June 2, 2020 and is headquartered in Philadelphia, PA.
Classification

Sector: Financial Services
Industry: Shell Companies
Keywords: Mergers And Acquisitions Special Purpose Acquisition Company Private Equity

Is FTOCU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.7386
52 Week Low 9.81
Average Volume 399,064
200-Day Moving Average 0.00
50-Day Moving Average 12.61
20-Day Moving Average 13.88
10-Day Moving Average 13.25
Average True Range 0.68
ADX 24.05
+DI 16.38
-DI 25.37
Chandelier Exit (Long, 3 ATRs ) 13.70
Chandelier Exit (Short, 3 ATRs ) 14.45
Upper Bollinger Band 15.45
Lower Bollinger Band 12.31
Percent B (%b) 0.03
BandWidth 22.64
MACD Line -0.03
MACD Signal Line 0.25
MACD Histogram -0.2749
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.56
Resistance 3 (R3) 13.69 13.43 13.37
Resistance 2 (R2) 13.43 13.14 13.37 13.30
Resistance 1 (R1) 12.92 12.96 12.79 12.79 13.24
Pivot Point 12.67 12.67 12.60 12.60 12.67
Support 1 (S1) 12.15 12.37 12.03 12.03 11.58
Support 2 (S2) 11.90 12.19 11.84 11.52
Support 3 (S3) 11.39 11.90 11.45
Support 4 (S4) 11.26