FWONK Stock Analysis: Formula One Group

Updated Nov 3, 2026, after the Nov 2 close. Nasdaq, Entertainment. Refreshed every trading day from the latest close.

$94.45 +2.14% Nov 2 close

The short answer

As of the Nov 2, 2026 close, QuantivFlow's Trend algo rates FWONK EXIT on the short-term (daily) horizon, a stance it has held since Sep 17, 2026 at $94.17. The mid-term (weekly) and long-term (monthly) horizons read EXIT and BUY. The Rebound algo's Mid term profile flagged a BUY on Sep 4, 2026 at $95.50. The Patterns algo sees a descending channel on the daily chart that broke out on Nov 2, 2026 at $93.30, with a measured target about 9% higher. The daily RSI (14) is 57, and the price sits 0.3% under the 50-day average and 2.8% above the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)EXIT
Mid term (weekly)EXIT
Long term (monthly)BUY

Daily EXIT since Sep 17, 2026 at $94.17. Weekly EXIT since Aug 22, 2025 at $102.94. Monthly BUY since Nov 2021.

Rebound

buys sharp dips
Short termEXIT
Mid termBUY

Short term: the last dip trade closed on Oct 27, 2026 at $88.77; no open dip position. Mid term: BUY on Sep 4, 2026 at $95.50. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily: Descending channelBREAKOUT

The descending channel on the daily chart broke out on Nov 2, 2026 at $93.30, measured target 9.4% higher (about $102.08).

Daily indicators at the Nov 2 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)56.6neutral
MACD / signal-0.73 / -1.21above signal, rising
ADX (14)12.8no clear trend
+DI / -DI23.2 / 16.1buyers lead
ATR (14)2.352.5% of price
Price levelsValuevs price
SMA 2092.10+2.6%
SMA 5094.73-0.3%
SMA 20091.92+2.8%
Bollinger (20, 2)87.94 to 96.25inside the bands
52-week range80.15 to 107.3153% of range
Volume2.8M1.2x the 20-day average

How the algos have done on FWONK

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (2.8y)
43%win rate
-1.0%avg per trade
7closed trades
Trend, mid term (10y) Not enough closed trades on this stock yet (4 so far; 5 needed).
Trend, long term (12.4y) Not enough closed trades on this stock yet (1 so far; 5 needed).
Rebound, short term (2.6y)
50%win rate
-1.3%avg per trade
18closed trades
Rebound, mid term (10y)
100%win rate
+6.0%avg per trade
8closed trades
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (1 detected; 5 needed).

Recent signals on FWONK

DateAlgoHorizonSignalPriceNote
2026-11-02PatternsDaily Descending channel breakout 93.30target +9.4%
2026-10-27ReboundShort term EXIT 88.77closed the BUY from Oct 13 at -4.6%
2026-10-13ReboundShort term BUY 93.02
2026-09-17TrendShort term EXIT 94.17closed the BUY from $99.64 at -5.5%
2026-09-14ReboundShort term EXIT 95.40closed the BUY from Aug 28 at -6.3%
2026-09-04ReboundMid term BUY 95.50open
2026-08-28ReboundShort term BUY 101.80
2026-08-06ReboundShort term EXIT 99.69closed the BUY from Aug 4 at +3.4%
2026-08-04ReboundShort term BUY 96.43
2026-07-28ReboundShort term EXIT 101.20closed the BUY from Jul 23 at +4.9%

The full FWONK analysis is in the QuantivFlow app

  • The descending channel drawn on the chart, with its $102.08 target
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on FWONK: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

Free on the App Store and Google Play. Not installed? The button takes you to the store.

Questions about FWONK

Is FWONK in an uptrend right now?

On monthly candles, yes; not on the others. The daily horizon is EXIT since Sep 17, 2026. The weekly horizon is EXIT since Aug 22, 2025. The monthly horizon is BUY since November 2021. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is FWONK oversold?

No. The daily RSI (14) closed at 56.6; the classic oversold line is 30.

What chart pattern is FWONK forming?

The descending channel on the daily chart broke out on Nov 2, 2026 at $93.30, measured target 9.4% higher (about $102.08).

Where is FWONK's 200-day moving average?

$91.92 at the Nov 2, 2026 close, with the stock at $94.45, 2.8% above it. The 50-day average is $94.73, 0.3% above the price.

Is FWONK a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is EXIT on the daily horizon, Rebound sees a dip worth buying for a short bounce, Patterns sees a descending channel that broke out with a target 9% higher. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other communication services stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 2, 2026 close. Page updated Nov 3, 2026 00:39 UTC. Machine-readable version: quantivflow.com/stocks/FWONK.json