FAGR Technical Analysis - FAGRON

Technical Rating and Analysis

Taking everything into account, FAGR scores 2 out of 10 in our technical rating. In the last year, FAGR was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, FAGR is a bad performer in the overall market: 62% of all stocks are doing better.

The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.

FAGR is an average performer in the Health Care Providers & Services industry, it outperforms 50% of 27 stocks in the same industry.

FAGR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAGR is lagging the market.

In the last month FAGR has a been trading in a tight range between 20.45 and 21.25.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, FAGR does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 20.76, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

16.44

22.88

3 important support areas can be observed.

A support zone ranging from 20.28 to 20.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @16.99 from a horizontal line in the weekly time frame.
Support @16.61 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 20.80 to 21.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 22.35 to 22.65. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for FAGR.BR is up.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for FAGR.BR is down.
ChartMill Relative Strength	38.67	NEUTRAL	FAGR.BR is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of FAGR.BR is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of FAGR.BR is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of FAGR.BR is above the rising SMA(200).
Relative Strength Index/RSI (14)	44.89	NEUTRAL	The RSI value for FAGR.BR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests FAGR.BR has a positive trend, although the MACD value is declining.
Stochastics (14,3)	40	NEUTRAL	The Stochastics value for FAGR.BR is a neutral value.
Average True Range in percent/ATR (20)	1.19	LOW VOLATILITY	The low ATR as a percentage value for FAGR.BR suggests low volalility.
Average Directional Index/ADX (14)	11.57	NEGATIVE	The low ADX value for FAGR.BR suggests a weak or negative trend.