14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of FFIE
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Big movements in Faraday Future Intelligent Electric Inc. stock price on Thursday moving 17.50% between high and low
(Updated on Jun 20, 2024)

Sell candidate since Jun 13, 2024 Loss -20.05% PDF

The Faraday Future Intelligent Electric Inc. stock price fell by -14.11% on the last day (Thursday, 20th Jun 2024) from $0.474 to $0.407. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 17.50% from a day low at $0.400 to a day high of $0.470. The price has fallen in 7 of the last 10 days and is down by -23.48% for this period. Volume has increased on the last day by 20 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 61 million shares were bought and sold for approximately $24.92 million.

Given the current short-term trend, the stock is expected to rise 66.50% during the next 3 months and, with a 90% probability hold a price between $0.677 and $3.47 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

FFIE Signals & Forecast

There are few to no technical positive signals at the moment. The Faraday Future Intelligent Electric Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.500 and $0.583. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, May 20, 2024, and so far it has fallen -77.41%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Faraday Future Intelligent Electric Inc. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0700 between high and low, or 17.50%. For the last week, the stock has had daily average volatility of 12.62%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (FFIE) For The Upcoming Trading Day Of Friday 21st

For the upcoming trading day on Friday, 21st we expect Faraday Future Intelligent Electric Inc. to open at $0.426, and during the day (based on 14 day Average True Range), to move between $0.196 and $0.617, which gives a possible trading interval of +/-$0.211 (+/-51.79%) up or down from last closing price. If Faraday Future Intelligent Electric Inc. takes out the full calculated possible swing range there will be an estimated 103.57% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.444, some $0.0375 (9.22%) from the current price of $0.407, our system finds the risk reward not very attractive.

Is Faraday Future Intelligent Electric Inc. stock A Buy?

The Faraday Future Intelligent Electric Inc. stock holds several negative signals and despite the positive trend, we believe Faraday Future Intelligent Electric Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -2.156 Sell Candidate Unchanged

Predicted Opening Price for Faraday Future Intelligent Electric Inc. of Friday, June 21, 2024

Fair opening price June 21, 2024 Current price
$0.426 ( 4.64%) $0.407

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for FFIE

Fibonacci Support & Resistance Levels

Level Price
R3 0.496 21.85%
R2 0.469 15.28%
R1 0.452 11.21%
Price 0.407
S1 0.399 -1.94%
S2 0.382 -6.00%
S3 0.356 -12.57%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0.474 16.42%
R1 0.444 9.22%
Price 0.407
S1 0 -
S2 0 -
S3 0 -

FAQ

What is the symbol for Faraday Future Intelligent Electric Inc. Stock and on which exchange is it traded?
The symbol for Faraday Future Intelligent Electric Inc. is FFIE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Faraday Future Intelligent Electric Inc. Stock?
The Faraday Future Intelligent Electric Inc. stock holds several negative signals and despite the positive trend, we believe Faraday Future Intelligent Electric Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Faraday Future Intelligent Electric Inc. Stock?
Faraday Future Intelligent Electric Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Faraday Future Intelligent Electric Inc. Stock.

What's the current price of Faraday Future Intelligent Electric Inc. Stock?
As of the end of day on the Jun 20, 2024, the price of an Faraday Future Intelligent Electric Inc. (FFIE) share was $0.407.

What is the 52-week high and low for Faraday Future Intelligent Electric Inc. Stock?
The 52-week high for Faraday Future Intelligent Electric Inc. Stock is $27.84 and the 52-week low is $0.0380.

What is the market capitalization of Faraday Future Intelligent Electric Inc. Stock?
As of the Jun 20, 2024, the market capitalization of Faraday Future Intelligent Electric Inc. is 208.186M.

When is the next earnings date for Faraday Future Intelligent Electric Inc.?
The upcoming earnings date for Faraday Future Intelligent Electric Inc. is Aug 19, 2024.
Click to get the best stock tips daily for free!

About Faraday Future Intelligent Electric Inc.

Faraday Future Intelligent Electric. Faraday Future Intelligent Electric Inc. engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States and internationally. The company was incorporated in 2014 and is headquartered in Gardena, California.... FFIE Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT