Figma Stock Swings 48.1% Intraday Sets Key Support At 84.11 Resistance 124.63

Candlestick Theory
The most recent trading session for Figma on July 31, 2025, formed a wide-ranging candlestick with a high of $124.63 and low of $84.11, closing at $115.50. This price action created a prominent support level at $84.11 and resistance at $124.63. The substantial upper shadow (difference between high and close) suggests selling pressure near the $124.63 peak, potentially indicating exhaustion after upward movement. The close in the upper third of the day’s range, however, maintains near-term bullish bias, though confirmation from preceding candles would be needed to establish pattern context.
Moving Average Theory
Due to the limitation of single-day data, comprehensive moving average analysis cannot be performed for Figma. Standard moving averages (50-day, 100-day, 200-day) require continuous historical prices to calculate trend alignment and crossovers—critical for determining support/resistance levels and trend direction. For meaningful interpretation, a minimum of 200 trading days of closing prices would be necessary to assess whether the current close of $115.50 trades above or below key averages, which typically signal bull/bear market phases.
MACD & KDJ Indicators
MACD analysis is infeasible with singular data since it requires 12-day and 26-day exponential moving averages of closing prices to generate signal lines and histograms. Similarly, KDJ indicators—derived from stochastic oscillators—need multiple high-low-close data points to compute %K and %D values. Without these, assessing momentum convergence/divergence or identifying overbought/oversold conditions for Figma is impractical.
Bollinger Bands
Bollinger Bands necessitate a 20-day moving average baseline plus standard deviation calculations. The single-day volatility range (nearly $40) highlights extreme intraday volatility, but band contraction/expansion signals and "squeeze" patterns require longitudinal data. The price closing near the midpoint between the day’s high/low suggests neutral Bollinger Band positioning relative to that session only.
Volume-Price Relationship
Trading volume reached 55.48 million shares with a turnover of $5.92 billion—substantial activity confirming the session’s high volatility. The volume spike supports the validity of the established support/resistance levels ($84.11/$124.63), indicating strong participation during the price discovery phase. Sustainability of bullish momentum would require follow-through volume if prices approach resistance.
Relative Strength Index (RSI)
RSI cannot be calculated with one data point, as it relies on 14-day average gains/losses. The formula RSI = [AG/(AG+AL)]×100 remains inapplicable. Historically, Figma’s intraday volatility might trigger short-term RSI fluctuations, but a single close at $115.50 prevents identification of overbought (>70) or oversold (<30) thresholds.
Fibonacci Retracement
Fibonnaci retracement requires two anchor points (e.g., a prior swing high/low) to project support/resistance zones. The lack of historical data makes it impossible to identify 23.6%, 38.2%, or 61.8% retracement levels for Figma. The day’s low of $84.11 and high of $124.63 could serve as interim reference extremes, but classical application demands broader trend context from preceding price action.
Confluence and Divergence Assessment
The analysis reveals critical data limitations preventing identification of confluence points or divergences. For robust signals, multiple confirmation metrics (e.g., RSI oversold reading aligning with Fibonacci support and volume surge) are essential. The volatility and volume profile of July 31 alone suggest technically significant price levels at $84.11 (support) and $124.63 (resistance), which would require monitoring for breakout/breakdown validation in subsequent sessions. Absent historical context, however, probabilistic projections remain highly speculative. Future confirmation would depend on price behavior relative to these levels alongside emerging indicator signals.