FREQUENCY ELECTRONICS INC (FEIM) Stock Technical Analysis
USA - NASDAQ:FEIM - US3580101067 - Common Stock
We assign a technical rating of 7 out of 10 to FEIM. In the last year, FEIM was one of the better performers, but we do observe some doubts in the very recent evolution.
Although FEIM has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.44
When analyzing the support we can see 4 important areas.
- Support @30.78 from a trend line in the weekly time frame.
- Support @24.06 from a trend line in the daily time frame.
- Support @23.05 from a trend line in the daily time frame.
- Support @20.65 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for FEIM is down. |
| ChartMill Relative Strength | 95.38 | POSITIVE | FEIM has a high relative strength, it outperformed 95.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FEIM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FEIM is below a declining 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) | 40.5 | NEUTRAL | The RSI value for FEIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests FEIM has a negative trend. |
| Stochastics (14,3) | 12.43 | OVERSOLD | The low Stochastics value suggests FEIM may be oversold. |
| Average True Range in percent/ATR (20) | 8.46 | HIGH VOLATILITY | The high ATR as a percentage value for FEIM suggests high volalility. |
| Average Directional Index/ADX (14) | 18.44 | NEGATIVE | The low ADX value for FEIM suggests a weak or negative trend. |
31.79
-1.34 (-4.06%)
FREQUENCY ELECTRONICS INC / FEIM FAQ
What is the technical rating for FEIM stock?
ChartMill assigns a technical rating of 7 / 10 to FEIM.
What is the trend direction for FEIM stock?
The current trend direction for FREQUENCY ELECTRONICS INC (FEIM) is Bullish.
What is the RSI signal for FEIM stock?
FREQUENCY ELECTRONICS INC (FEIM) has an RSI value of 40.5045. This indicates that the stock is currently neutral.
What is the MACD signal for FEIM stock?
The MACD indicator for FREQUENCY ELECTRONICS INC (FEIM) has a value of -0.767613, indicating a bearish trend.
What is the short term momentum for FREQUENCY ELECTRONICS INC (FEIM) stock?
The short term momentum for FREQUENCY ELECTRONICS INC (FEIM) is negative.