FERRO CORP (FOE) Stock Technical Analysis
NYSE:FOE - New York Stock Exchange, Inc. - US3154051003 - Common Stock
We assign a technical rating of 9 out of 10 to FOE. Both in the recent history as in the last year, FOE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that FOE is one of the better performing stocks in the market, outperforming 90% of all stocks.
FOE is part of the Chemicals industry. There are 85 other stocks in this industry. FOE outperforms 88% of them.
FOE 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 FOE has a been trading in a tight range between 21.65 and 22.01.
Volume is considerably higher in the last couple of days.
Although FOE has an excellent technical rating, it does not present a decent entry opportunity 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
19.82
22.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 21.12 to 21.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.02 to 20.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.02 to 22.02. 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 FOE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOE is up. |
| ChartMill Relative Strength | 90.81 | POSITIVE | FOE has a high relative strength, it outperformed 90.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FOE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.11 | OVERBOUGHT | The high RSI value suggests FOE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests FOE has a positive trend. |
| Stochastics (14,3) | 85.64 | OVERBOUGHT | The high Stochastics value suggests FOE may be overbought. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for FOE suggests low volalility. |
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)
22.01
+0.06 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.27%
1 Week1.34%
2 Weeks1.38%
1 Month1.66%
3 Month1.38%
6 Month5.87%
12 Month26.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.37%
ATR Inc91.58%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.81
Mansfield0.5
10 Day High22.01
10 Day Low21.65
20 Day High22.01
20 Day Low21.65
52 Week High22.1
52 Week Low16.63
CS1 End21.87
CR1 Start22.02
Volume & EV
DER(3)1.47%
DER(5)0.17%
Volume1.25M
Volume Incr42.25%
Vol(5)1.09M
Vol(50)801.37K