FRESENIUS MEDICAL CARE-ADR (FMS) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:FMS • US3580291066
We assign a technical rating of 3 out of 10 to FMS. In the past year, FMS was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- FMS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month FMS has a been trading in the 20.95 - 24.38 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- When comparing the performance of all stocks over the past year, FMS turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- FMS is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, FMS did better than 56% of them.
The technical rating of FMS is bad and it also does not present a quality setup 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
21.73
When analyzing the support we notice one important area.
- A support zone ranging from 21.95 to 22.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @25.43 from a trend line in the daily time frame.
- Resistance @25.95 from a trend line in the weekly time frame.
- A resistance zone ranging from 27.24 to 27.41. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for FMS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMS is up. |
| ChartMill Relative Strength | 45.86 | NEUTRAL | FMS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FMS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FMS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FMS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.51 | NEUTRAL | The RSI value for FMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests FMS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.61 | OVERBOUGHT | The high Stochastics value suggests FMS may be overbought. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for FMS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for FMS suggests a weak or negative trend. |
23.89
-0.19 (-0.79%)
FRESENIUS MEDICAL CARE-ADR / FMS FAQ
What is the technical rating for FMS stock?
ChartMill assigns a technical rating of 3 / 10 to FMS.
Can you provide the trend direction for FRESENIUS MEDICAL CARE-ADR?
The current trend direction for FRESENIUS MEDICAL CARE-ADR (FMS) is Bearish.
What is the RSI signal for FMS stock?
FRESENIUS MEDICAL CARE-ADR (FMS) has an RSI value of 58.5103. This indicates that the stock is currently neutral.
What is the MACD signal for FRESENIUS MEDICAL CARE-ADR (FMS) stock?
The MACD indicator for FRESENIUS MEDICAL CARE-ADR (FMS) has a value of 0.270954, indicating a bearish trend.
Can you provide the buy/sell signal for FRESENIUS MEDICAL CARE-ADR?
The buy/sell signal for FRESENIUS MEDICAL CARE-ADR (FMS) is hold as the short term and long term trends are mixed.