FRESENIUS MEDICAL CARE-ADR (FMS) Stock Technical Analysis
NYSE:FMS - New York Stock Exchange, Inc. - US3580291066 - ADR - Currency: USD
We assign a technical rating of 10 out of 10 to FMS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FMS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FMS is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by FMS over the past year are nicely spread over this period.
FMS is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 82% of 102 stocks in the same industry.
FMS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FMS is lagging the market slightly.
FMS 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.
Besides having an excellent technical rating, FMS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 28.84, a Stop Loss order could be placed below this zone.
More info and screens
20.30
30.15
When analyzing the support we can see 6 important areas.
- A support zone ranging from 28.21 to 28.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.82 from a trend line in the weekly time frame.
- Support @24.00 from a trend line in the daily time frame.
- A support zone ranging from 22.94 to 23.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.48 from a horizontal line in the daily time frame.
- Support @20.50 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @29.85 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for FMS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FMS is up. |
| ChartMill Relative Strength | 89.77 | POSITIVE | FMS has a high relative strength, it outperformed 89.77% off all stocks 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) | UP | POSITIVE | The current price of FMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.33 | NEUTRAL | The RSI value for FMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests FMS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.83 | NEUTRAL | The Stochastics value for FMS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for FMS suggests low volalility. |
| Average Directional Index/ADX (14) | 23.49 | NEUTRAL | The ADX value for FMS suggests a possible start of a new 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 |
|---|---|---|---|
| 29.86 | 28.20 | 1.66 (5.56%) | 17.99% |
| An entry @29.86. This is a Buy Stop order right above the resistance zone. | An exit @28.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.66 points, which is 5.56%. | For a 1.00% total portfolio risk, you can invest 17.99% 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.
28.94
+0.55 (+1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg1.94%
1 Week1.01%
2 Weeks1.01%
1 Month3.91%
3 Month20.33%
6 Month22.37%
12 Month40.35%
2 Year20.94%
3 Year16.04%
5 Year-33.13%
10 Year-30.42%
15 Year7.8%
Volatility
ATR(14)0.49
ATR(20)%1.81%
ATR Inc-6.16%
Range Today0.28
ADR(20)0.36
ADR(20)%1.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.77
Mansfield2.1
10 Day High29.07
10 Day Low28.11
20 Day High30.46
20 Day Low28.09
52 Week High30.46
52 Week Low17.93
CS1 End28.84
CR1 Start29.85
Volume & EV
DER(3)-1.68%
DER(5)1.3%
Volume213.10K
Volume Incr-39.19%
Vol(5)336.18K
Vol(50)490.15K