FREQUENCY ELECTRONICS INC (FEIM) Technical Analysis
NASDAQ:FEIM • US3580101067
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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FEIM did better than 97% of all other stocks. On top of that, FEIM also shows a nice and consistent pattern of rising prices.
- FEIM is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 91% of 124 stocks in the same industry.
- FEIM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FEIM is lagging the market slightly.
- In the last month FEIM has a been trading in the 43.76 - 57.95 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, FEIM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.68
When analyzing the support we can see 8 important areas.
- Support @54.02 from a trend line in the daily time frame.
- A support zone ranging from 53.09 to 53.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @51.89 from a horizontal line in the daily time frame.
- A support zone ranging from 49.14 to 49.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @47.70 from a trend line in the daily time frame.
- Support @46.71 from a horizontal line in the weekly time frame.
- Support @33.03 from a trend line in the weekly time frame.
- A support zone ranging from 26.95 to 27.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 97.75 | POSITIVE | FEIM has a high relative strength, it outperformed 97.75% 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) | DOWN | MIXED | The current price of FEIM is above 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) | 54.79 | NEUTRAL | The RSI value for FEIM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests FEIM has a positive trend. |
| Stochastics (14,3) | 64.38 | NEUTRAL | The Stochastics value for FEIM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.63 | HIGH VOLATILITY | The high ATR as a percentage value for FEIM suggests high volalility. |
| Average Directional Index/ADX (14) | 15.22 | NEGATIVE | The low ADX value for FEIM suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.96 | 54.01 | 3.95 (6.82%) | 14.67% |
| An entry @57.96. This is a Buy Stop order right above the 10 day high. | An exit @54.01. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.95 points, which is 6.82%. | When investing 14.67% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of FEIM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FEIM Technicals: Chart, Performance Metrics, Trend & Indicators
54.15
+0.59 (+1.1%)
FREQUENCY ELECTRONICS INC / FEIM FAQ
What is the technical rating for FEIM stock?
ChartMill assigns a technical rating of 10 / 10 to FEIM.
Can you provide the trend direction for FREQUENCY ELECTRONICS INC?
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 54.7878. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for FREQUENCY ELECTRONICS INC?
The buy/sell signal for FREQUENCY ELECTRONICS INC (FEIM) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FREQUENCY ELECTRONICS INC?
FREQUENCY ELECTRONICS INC (FEIM) has a support level at 54.02. Check the full technical report for our detailed analysis of FEIM support and resistance levels.