FRESENIUS MEDICAL CARE-ADR (FMS) Stock Technical Analysis
NYSE:FMS - New York Stock Exchange, Inc. - US3580291066 - ADR - Currency: USD
Taking everything into account, FMS scores 10 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, 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 93% of all stocks.
FMS is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 85% of 102 stocks in the same industry.
FMS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FMS is leading the market.
In the last month FMS has a been trading in the 24.24 - 30.46 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although FMS has an excellent technical rating, it does not offer a high 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
20.16
30.15
When analyzing the support we can see 6 important areas.
- Support @27.85 from a horizontal line in the daily time frame.
- Support @24.38 from a trend line in the weekly time frame.
- Support @23.55 from a trend line in the daily time frame.
- Support @22.94 from a horizontal line in the daily time frame.
- Support @22.48 from a horizontal line in the daily time frame.
- Support @20.36 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 29.33 to 29.85. 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 | 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 | 93.25 | POSITIVE | FMS has a high relative strength, it outperformed 93.25% 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) | 69.78 | NEUTRAL | The RSI value for FMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests FMS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.75 | OVERBOUGHT | The high Stochastics value suggests FMS may be overbought. |
| Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for FMS suggests some volalility. |
| Average Directional Index/ADX (14) | 36.71 | POSITIVE | The high ADX value value for FMS 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)
29.32
-0.48 (-1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.61%
1 Week3.24%
2 Weeks4.45%
1 Month21.31%
3 Month26.98%
6 Month32.31%
12 Month37.98%
2 Year36.82%
3 Year-3.9%
5 Year-30.52%
10 Year-31.46%
15 Year18.2%
Volatility
ATR(14)0.68
ATR(20)%2.12%
ATR Inc-12.32%
Range Today0.36
ADR(20)0.39
ADR(20)%1.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.25
Mansfield2.85
10 Day High30.46
10 Day Low27.79
20 Day High30.46
20 Day Low24.24
52 Week High30.46
52 Week Low17.93
CS1 End27.85
CR1 Start29.33
Volume & EV
DER(3)-4.7%
DER(5)-3.14%
Volume569.60K
Volume Incr38.72%
Vol(5)712.55K
Vol(50)463.30K