FERGUSON ENTERPRISES INC (FERG) Technical Analysis
NYSE:FERG • US31488V1070
Current stock price
FERG Technical Rating and Analysis
Overall FERG gets a technical rating of 10 out of 10. 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.
- Looking at the yearly performance, FERG did better than 82% of all other stocks. On top of that, FERG also shows a nice and consistent pattern of rising prices.
- FERG is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 75% of 46 stocks in the same industry.
- 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 232.69 - 268.95 range, which is quite wide. It is currently trading near the high of this range.
- FERG has an average volume of 1423670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FERG Weekly and Daily overview Charts
FERG Setup Rating and Analysis
FERG has an excellent technical rating, but the quality of the setup is only medium 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
209.49
We found 3 important support areas.
- A support zone ranging from 256.15 to 257.63. 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 221.87 to 225.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @211.61 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 264.28 to 267.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 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 | 82.73 | POSITIVE | FERG has a high relative strength, it outperformed 82.73% 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) | 61.48 | NEUTRAL | The RSI value for FERG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FERG has a negative trend. |
| Stochastics (14,3) | 60.44 | NEUTRAL | The Stochastics value for FERG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for FERG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.09 | 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
264.27
-3.44 (-1.28%)
FERGUSON ENTERPRISES INC / FERG TA FAQ
What is the ChartMill technical rating of FERGUSON ENTERPRISES INC (FERG) stock?
ChartMill assigns a technical rating of 10 / 10 to FERG.
Can you provide the trend direction for FERGUSON ENTERPRISES INC?
The current trend direction for FERGUSON ENTERPRISES INC (FERG) is Bullish.
What is the RSI signal for FERGUSON ENTERPRISES INC (FERG) stock?
FERGUSON ENTERPRISES INC (FERG) has an RSI value of 61.4791. This indicates that the stock is currently neutral.
What is the buy/sell signal for FERG stock?
The buy/sell signal for FERGUSON ENTERPRISES INC (FERG) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FERGUSON ENTERPRISES INC?
FERGUSON ENTERPRISES INC (FERG) has a support level at 257.63 and a resistance level at 264.28. Check the full technical report for our detailed analysis of FERG support and resistance levels.