FERGUSON ENTERPRISES INC (FERG) Stock Technical Analysis
USA - NYSE:FERG - US31488V1070 - Common Stock
235.6 USD
-5.73 (-2.37%)
235.6 USD
0 (0%)
Overall FERG gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FERG is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
FERG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FERG has a been trading in the 223.17 - 243.37 range, which is quite wide. It is currently trading near the high of this range.
FERG has an average volume of 1769490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FERG is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FERG is an average performer in the Trading Companies & Distributors industry, it outperforms 66% of 49 stocks in the same industry.
Although FERG has an excellent technical rating, it does not present a decent entry opportunity 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
176.99
243.75
4 important support areas can be observed.
- A support zone ranging from 223.79 to 234.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @217.27 from a horizontal line in the daily time frame.
- A support zone ranging from 211.60 to 211.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @178.78 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @236.47 from a trend line in the daily time frame.
- A resistance zone ranging from 241.34 to 241.34. 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 FERG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FERG is up. |
| ChartMill Relative Strength | 74.8 | POSITIVE | FERG has a high relative strength, it outperformed 74.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FERG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FERG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FERG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.46 | NEUTRAL | The RSI value for FERG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.22 | POSITIVE | The MACD value suggests FERG has a positive trend. |
| Stochastics (14,3) | 87.37 | OVERBOUGHT | The high Stochastics value suggests FERG may be overbought. |
| Average True Range in percent/ATR (20) | 1.95 | LOW VOLATILITY | The low ATR as a percentage value for FERG suggests low volalility. |
| Average Directional Index/ADX (14) | 20.14 | NEUTRAL | The ADX value for FERG suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
235.6
-5.73 (-2.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-2.37%
1 Week2.75%
2 Weeks7.02%
1 Month7.51%
3 Month8.32%
6 Month46.93%
12 Month18.02%
2 Year60.67%
3 Year120.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.6
ATR(20)%1.95%
ATR Inc90.17%
Range Today7.96
ADR(20)4.63
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.8
Mansfield1.09
10 Day High243.37
10 Day Low226.49
20 Day High243.37
20 Day Low223.17
52 Week High243.4
52 Week Low146
CS1 End236.47
CR1 Start241.34
Volume & EV
DER(3)1.24%
DER(5)-1.26%
Volume1.37M
Volume Incr-29.33%
Vol(5)1.67M
Vol(50)1.77M