FIGS, Inc.
Here’s whether FIGS, Inc. (FIGS) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Neutral.
Positives: trading above the 200-day MA (long-term uptrend intact); RSI 42 — healthy momentum range; strong 1-year return of +177.4%; 3-month momentum positive (+14.4%). Concerns: below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-5.63% over 10 days). Currently 28.3% off its 52-week high. Score: +3/7.
FIGS is holding above its long-term 200-day MA ($10.83) but has slipped below the 50-day MA ($14.28), pointing to short-term weakness in an otherwise intact trend. An RSI of 41.5 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +177.4% compares to +27.9% for SPY (beat the market by 149.6%). The current 28.3% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.