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 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.
The long and short term trends are both positive. This is looking good!
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.
FERG has an average volume of 1601690 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 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FERG is an average performer in the Trading Companies & Distributors industry, it outperforms 65% of 48 stocks in the same industry.
In the last month FERG has a been trading in the 210.85 - 226.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FERG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 220.35, a Stop Loss order could be placed below this zone.
More info and screens
176.99
226.65
4 important support areas can be observed.
- A support zone ranging from 218.78 to 220.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @209.34 from a trend line in the daily time frame.
- A support zone ranging from 199.75 to 203.36. 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 221.86 to 224.41. 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 | 77.79 | POSITIVE | FERG has a high relative strength, it outperformed 77.79% 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) | 64.16 | NEUTRAL | The RSI value for FERG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.23 | NEGATIVE | The MACD value suggests FERG has a negative trend. |
| Stochastics (14,3) | 65.26 | NEUTRAL | The Stochastics value for FERG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for FERG suggests low volalility. |
| Average Directional Index/ADX (14) | 37.77 | POSITIVE | The high ADX value value for FERG suggests a strong 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 |
|---|---|---|---|
| 224.42 | 218.77 | 5.65 (2.52%) | 25.00% |
| An entry @224.42. This is a Buy Stop order right above the resistance zone. | An exit @218.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.65 points, which is 2.52%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
220.36
-0.23 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.1%
1 Week-1.26%
2 Weeks1.08%
1 Month3.11%
3 Month34.16%
6 Month24.11%
12 Month6.26%
2 Year36.34%
3 Year74.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.47
ATR(20)%1.65%
ATR Inc7.11%
Range Today3.62
ADR(20)3.43
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.79
Mansfield0.7
10 Day High226.63
10 Day Low216.76
20 Day High226.63
20 Day Low210.85
52 Week High226.63
52 Week Low146
CS1 End220.35
CR1 Start221.86
Volume & EV
DER(3)1.08%
DER(5)1.44%
Volume1.32M
Volume Incr-22.02%
Vol(5)1.28M
Vol(50)1.60M