FERRO CORP (FOE) Technical Analysis
NYSE:FOE • US3154051003
Taking everything into account, FOE scores 9 out of 10 in our technical rating. 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!
- Looking at the yearly performance, FOE did better than 90% of all other stocks.
- FOE is one of the better performing stocks in the Chemicals industry, it outperforms 86% of 83 stocks in the same industry.
- FOE 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 FOE is leading 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 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
19.82
We found 2 important support 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. |
FOE Technicals: Chart, Performance Metrics, Trend & Indicators
22.01
+0.06 (+0.27%)
FERRO CORP / FOE FAQ
Can you provide the ChartMill technical rating for FERRO CORP?
ChartMill assigns a technical rating of 8 / 10 to FOE.
Can you provide the trend direction for FERRO CORP?
The current trend direction for FERRO CORP (FOE) is Bullish.
What is the RSI signal for FERRO CORP (FOE) stock?
FERRO CORP (FOE) has an RSI value of 70.1115. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for FERRO CORP?
The buy/sell signal for FERRO CORP (FOE) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for FERRO CORP?
FERRO CORP (FOE) has a support level at 21.87 and a resistance level at 22.02. Check the full technical report for our detailed analysis of FOE support and resistance levels.