FERGUSON ENTERPRISES INC (FERG) Technical Analysis
NYSE:FERG • US31488V1070
Current stock price
FERG Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to FERG. Although FERG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month FERG has a been trading in the 214.51 - 266.05 range, which is quite wide. It is currently trading near the lows of this range.
- FERG is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry. FERG outperforms 78% of them.
- FERG has an average volume of 1391310 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 82% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- FERG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FERG is lagging the market slightly.
FERG Weekly and Daily overview Charts
FERG Setup Rating and Analysis
FERG has a poor technical rating and the quality of the setup is also not perfect 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
FERG Support and Resistance Analysis
215.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 222.84 to 224.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 217.27 to 217.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 225.94 to 225.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @267.36 from a horizontal line in the daily time frame.
FERG 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 | DOWN | NEGATIVE | The long term trend for FERG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FERG is down. |
| ChartMill Relative Strength | 82.04 | POSITIVE | FERG has a high relative strength, it outperformed 82.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FERG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FERG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FERG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.63 | NEUTRAL | The RSI value for FERG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests FERG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.1 | NEUTRAL | The Stochastics value for FERG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for FERG suggests some volalility. |
| Average Directional Index/ADX (14) | 34.49 | POSITIVE | The high ADX value value for FERG suggests a strong trend. |
FERG Chart- and CandleStick Pattern Analysis
FERG Technicals: Chart, Performance Metrics, Trend & Indicators
225.93
+3.43 (+1.54%)
FERGUSON ENTERPRISES INC / FERG TA FAQ
What is the ChartMill technical rating of FERGUSON ENTERPRISES INC (FERG) stock?
ChartMill assigns a technical rating of 2 / 10 to FERG.
Can you provide the trend direction for FERGUSON ENTERPRISES INC?
The current trend direction for FERGUSON ENTERPRISES INC (FERG) is Bearish.
Can you provide the RSI signal for FERGUSON ENTERPRISES INC?
FERGUSON ENTERPRISES INC (FERG) has an RSI value of 40.6333. This indicates that the stock is currently neutral.
What is the short term momentum for FERGUSON ENTERPRISES INC (FERG) stock?
The short term momentum for FERGUSON ENTERPRISES INC (FERG) is negative.
Can you provide the support and resistance levels for FERGUSON ENTERPRISES INC?
FERGUSON ENTERPRISES INC (FERG) has a support level at 224.4 and a resistance level at 225.94. Check the full technical report for our detailed analysis of FERG support and resistance levels.