We assign a technical rating of 10 out of 10 to FEIM. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FEIM is showing a nice and steady performance.
Although FEIM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
25.25
When analyzing the support we can see 4 important areas.
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 FEIM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FEIM is up. |
| ChartMill Relative Strength | 97.89 | POSITIVE | FEIM has a high relative strength, it outperformed 97.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FEIM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FEIM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FEIM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.38 | OVERBOUGHT | The high RSI value suggests FEIM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.8 | POSITIVE | The MACD value suggests FEIM has a positive trend. |
| Stochastics (14,3) | 90.36 | OVERBOUGHT | The high Stochastics value suggests FEIM may be overbought. |
| Average True Range in percent/ATR (20) | 5.29 | HIGH VOLATILITY | The high ATR as a percentage value for FEIM suggests high volalility. |
| Average Directional Index/ADX (14) | 30.87 | POSITIVE | The high ADX value value for FEIM suggests a strong trend. |
46.45
+10.39 (+28.81%)
ChartMill assigns a technical rating of 10 / 10 to FEIM.
The current trend direction for FREQUENCY ELECTRONICS INC (FEIM) is Bullish.
FREQUENCY ELECTRONICS INC (FEIM) has an RSI value of 80.3788. This indicates that the stock is currently overbought.
The MACD indicator for FREQUENCY ELECTRONICS INC (FEIM) has a value of 1.79658, indicating a bullish trend.
The short term momentum for FREQUENCY ELECTRONICS INC (FEIM) is positive.