FWONA technical analysis

FWONA Technical Analysis

Analysis date

August 7, 2026

Market

NasdaqGS (USD)

Daily cutoff

August 5, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

FWONA Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
FWONA
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
August 5, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series88.31August 5, 2026-Verified
Verification series88.31August 5, 20260.00%Verified

Bottom line

FWONA Technical Analysis Summary

FWONA (Formula One Group Series A) shows a pullback within a longer-term uptrend. On the weekly chart, price at 89.81 remains above SMA20 (83.77, +7.20%), SMA50 (85.63, +4.88%), and SMA200 (72.48, +23.91%), with RSI14 at 56.76 and a positive MACD histogram, confirming the multi-year trend is intact. On the daily chart, price at 88.31 has fallen below SMA20 (90.54, -2.46%) after a strong run toward the 52-week high area, with RSI14 at 46.68 and a negative MACD histogram reflecting short-term weakness. Price is still holding above the daily SMA50 (86.73) and SMA200 (84.21), so the medium-term structure has not broken. Key support sits at the 20-day low of 87.00 and the daily SMA50 near 86.73, with the 60-day low of 78.63 as deeper support. Resistance is at the daily 20-period high of 94.98 and the 52-week high of 99.52. The balance favors the weekly uptrend, but a decisive daily close below SMA50 would warrant caution.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 5, 2026)

Trend
Mixed, with price pulling back below the short-term average while staying above longer-term averages. Price at 88.31 is below SMA20 (90.54, -2.46%) but above SMA50 (86.73, +1.82%) and SMA200 (84.21, +4.86%). SMA20 remains above SMA50 and SMA200, but the recent decline has pushed price under the 20-day average, signaling a short-term pullback within a longer uptrend.
Momentum
Neutral to negative. RSI14 at 46.68 is below the 50 midline, reflecting the recent pullback. MACD line at 0.65 is below the signal line at 1.23, and the histogram at -0.58 is negative, indicating short-term bearish momentum that has developed over recent sessions.
Volatility
Moderate. ATR14 at 2.34 (2.65% of price) suggests average daily movement of about 2.6%. Bollinger Bands (86.95 to 94.14) show price below the 20-period middle band at 90.54, consistent with the recent pullback. Band width is moderate, indicating normal volatility conditions.
Volume
Below average. Latest volume of 141,200 is 85% of the 20-period average of 166,470, indicating lighter participation during the pullback. The decline has not been accompanied by a dramatic expansion in volume.

Assessment

The daily chart shows a pullback within a broader uptrend. Price has dropped below the 20-day average after a strong run toward the 52-week high of 99.52, and short-term momentum has turned negative with RSI14 at 46.68 and a negative MACD histogram. However, price is holding above the 50-day and 200-day averages, so the medium-term structure remains intact. A hold above SMA50 near 86.73 keeps the longer-term bullish view in place.

Weekly (July 27, 2026 week)

Trend
Bullish, with price above all major weekly averages. Price at 89.81 is above SMA20 (83.77, +7.20%), SMA50 (85.63, +4.88%), and SMA200 (72.48, +23.91%). The recent daily pullback has flattened the short-term weekly average, with SMA20 slightly below SMA50, but the longer-term weekly uptrend remains intact with SMA200 well below price.
Momentum
Positive. RSI14 at 56.76 is above the 50 midline, indicating constructive momentum. MACD line at 1.77 is above the signal line at 0.66, and the histogram at 1.12 is positive, confirming the weekly uptrend remains supported.
Volatility
Elevated. ATR14 at 5.41 (6.03% of price) reflects wide weekly ranges typical for a growth-oriented media stock. Bollinger Bands (74.31 to 93.24) show price in the upper portion of the range, consistent with the multi-year uptrend.
Volume
Near average. Weekly volume of 786,100 is about 103% of the 20-week average, indicating normal participation over the latest completed week.

Assessment

The weekly chart confirms the longer-term uptrend. Price remains above all major weekly moving averages, RSI14 at 56.76 is healthy without overbought readings, and the MACD histogram is positive. The 252-period return of +92.30% reflects FWONA strong multi-year performance driven by Formula 1 global growth. The recent daily pullback has yet to threaten the weekly structure, though the slightly flat relationship between the weekly SMA20 and SMA50 is worth monitoring.

Key indicators

FWONA Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)46.6856.76
MACD (12, 26, 9)0.65 / 1.23 / -0.581.77 / 0.66 / 1.12
ATR (14)2.34 (2.65%)5.41 (6.03%)
Bollinger Bands (20, 2)86.95 - 94.1474.31 - 93.24
SMA (20)90.5483.77
SMA (50)86.7385.63
SMA (200)84.2172.48

Price structure

FWONA Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price88.3189.81
1-Period Return-0.24%+0.82%
5-Period Return-5.55%+5.81%
20-Period Return-0.84%+17.44%
60-Period Return+2.75%+0.07%
252-Period Return-0.65%+92.30%
52-Week Low73.7073.70
52-Week High99.5299.52
52-Week Position56.58%62.39%

Key levels

FWONA Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High94.9894.98
20-Period Low87.0073.70
60-Period High94.9899.52
60-Period Low78.6373.70

Scenarios

FWONA Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price reclaims the daily SMA20 near 90.54 with increasing volume and resumes the advance toward the 20-period high at 94.98 and the 52-week high at 99.52, supported by sustained Formula 1 viewership, media rights growth, and race calendar expansion.

Invalidation

Price breaks decisively below the daily SMA50 near 86.73 and the 20-day low at 87.00 on expanding volume, suggesting the pullback has deepened.

What to watch

Daily RSI reclaiming 50; MACD histogram turning positive; volume picking up on up days; weekly RSI holding above 55; media rights and sponsorship deal announcements.

Range-Bound

Trigger

Price oscillates between support near SMA50 (86.73) and the 20-period high near 94.98 as the market consolidates the recent pullback and evaluates the next leg of the Formula 1 growth story.

Invalidation

A decisive break above 99.52 or below 86.73 with conviction and volume confirmation.

What to watch

Daily RSI oscillating between 40 and 60; MACD histogram hovering near zero; volume returning to average; stability in F1 race attendance, viewership, and sponsorship metrics.

Bearish

Trigger

Price breaks below the daily SMA50 (86.73) and the 20-day low at 87.00, potentially driven by weaker F1 event economics, media rights headwinds, or broader media sector rotation.

Invalidation

Price reclaims and holds above the daily SMA20 near 90.54 and re-establishes the uptrend structure.

What to watch

Daily RSI falling below 40; MACD histogram continuing to expand negatively; weekly RSI crossing below 50; rising volume on down days; negative news around F1 viewership or sponsorship renewals.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 7, 2026.