FERGUSON ENTERPRISES INC (FERG) Stock Technical Analysis
NYSE:FERG - New York Stock Exchange, Inc. - US31488V1070 - Common Stock - Currency: USD
Taking everything into account, FERG scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FERG is showing a nice and steady performance.
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 214.61 - 228.80 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FERG has an average volume of 1553750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, FERG did better than 80% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
FERG is part of the Trading Companies & Distributors industry. There are 48 other stocks in this industry, FERG did better than 63% of them.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, FERG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 217.49, a Stop Loss order could be placed below this zone.
More info and screens
176.99
230.01
3 important support areas can be observed.
- A support zone ranging from 217.26 to 217.49. 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 210.94 to 211.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @178.78 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 223.83 to 227.73. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 80.63 | POSITIVE | FERG has a high relative strength, it outperformed 80.63% 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) | 54.11 | NEUTRAL | The RSI value for FERG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.74 | NEGATIVE | The MACD value suggests FERG has a negative trend. |
| Stochastics (14,3) | 53.12 | NEUTRAL | The Stochastics value for FERG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.72 | LOW VOLATILITY | The low ATR as a percentage value for FERG suggests low volalility. |
| Average Directional Index/ADX (14) | 18.88 | 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 |
|---|---|---|---|
| 227.74 | 217.99 | 9.75 (4.28%) | 23.36% |
| An entry @227.74. This is a Buy Stop order right above the resistance zone. | An exit @217.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 9.75 points, which is 4.28%. | When investing 23.36% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
223.55
-1.21 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.54%
1 Week0.63%
2 Weeks-0.23%
1 Month1.34%
3 Month30.59%
6 Month26.17%
12 Month12.64%
2 Year38.37%
3 Year93.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.81
ATR(20)%1.72%
ATR Inc-29.53%
Range Today2.07
ADR(20)3.52
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.63
Mansfield0.71
10 Day High228.8
10 Day Low218
20 Day High228.8
20 Day Low214.61
52 Week High228.8
52 Week Low146
CS1 End217.49
CR1 Start223.83
Volume & EV
DER(3)0.6%
DER(5)-0.4%
Volume855.30K
Volume Incr-27.93%
Vol(5)927.36K
Vol(50)1.55M