FERGUSON ENTERPRISES INC (FERG) Stock Technical Analysis
NYSE:FERG - New York Stock Exchange, Inc. - US31488V1070 - Common Stock - Currency: USD
Overall FERG gets a technical rating of 7 out of 10. In the last year, FERG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FERG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
FERG has an average volume of 1771560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, FERG outperforms 42% of them, which is more or less in line with the market.
FERG is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry, FERG did better than 50% of them.
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.
Besides having an excellent technical rating, FERG also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 178.83, a Stop Loss order could be placed below this zone.
More info and screens
153.99
220.73
We found 3 important support areas.
- A support zone ranging from 177.96 to 178.83. 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 168.17 to 169.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @155.55 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 180.49 to 181.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 184.25 to 185.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @211.79 from a trend line in the weekly time frame.
- Resistance @218.54 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for FERG is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FERG is up. |
| ChartMill Relative Strength | 42.17 | NEUTRAL | FERG is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of FERG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.37 | NEUTRAL | The RSI value for FERG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests FERG has a negative trend. |
| Stochastics (14,3) | 73.77 | NEUTRAL | The Stochastics value for FERG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for FERG suggests some volalility. |
| Average Directional Index/ADX (14) | 15.85 | NEGATIVE | The low ADX value for FERG suggests a weak or negative 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)
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 |
|---|---|---|---|
| 181.26 | 177.95 | 3.31 (1.83%) | 25.00% |
| An entry @181.26. This is a Buy Stop order right above the resistance zone. | An exit @177.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.31 points, which is 1.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.46%. |
- The distance between exit and entry is rather small compared to the average daily movement of FERG. 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.
180.29
-2.05 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-1.12%
1 Week1.17%
2 Weeks-2.38%
1 Month4.66%
3 Month7.19%
6 Month-16.89%
12 Month-9.26%
2 Year14.61%
3 Year62.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.61
ATR(20)%2.07%
ATR Inc16.31%
Range Today5.49
ADR(20)3.38
ADR(20)%1.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.17
Mansfield-0.76
10 Day High184.6
10 Day Low176.26
20 Day High184.75
20 Day Low166.04
52 Week High225.63
52 Week Low146
CS1 End178.83
CR1 Start180.49
Volume & EV
DER(3)0.23%
DER(5)0.35%
Volume2.12M
Volume Incr24.2%
Vol(5)1.72M
Vol(50)1.77M