Taking everything into account, FOLD scores 9 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, FOLD is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- FOLD is one of the better performing stocks in the Biotechnology industry, it outperforms 83% of 528 stocks in the same industry.
- FOLD 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 FOLD has a been trading in the 10.64 - 14.38 range, which is quite wide. It is currently trading near the high of this range.
- FOLD has an average volume of 11565600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that FOLD is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although FOLD has an excellent technical rating, the quality of the presented setup is not ideal 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
9.78
3 important support areas can be observed.
- A support zone ranging from 14.10 to 14.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.67 from a trend line in the daily time frame.
- Support @9.88 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.34 to 14.39. 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 FOLD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOLD is up. |
| ChartMill Relative Strength | 94.34 | POSITIVE | FOLD has a high relative strength, it outperformed 94.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FOLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 86.82 | OVERBOUGHT | The high RSI value suggests FOLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests FOLD has a negative trend. |
| Stochastics (14,3) | 77.14 | NEUTRAL | The Stochastics value for FOLD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.66 | LOW VOLATILITY | The low ATR as a percentage value for FOLD suggests low volalility. |
| Average Directional Index/ADX (14) | 71.28 | POSITIVE | The high ADX value value for FOLD suggests a strong trend. |
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 |
|---|---|---|---|
| 14.40 | 14.20 | 0.21 (1.42%) | 25.00% |
| An entry @14.40. This is a Buy Stop order right above the resistance zone. | An exit @14.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.21 points, which is 1.42%. | For a 0.36% total portfolio risk, you can invest 25.00% 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.
14.33
+0.02 (+0.14%)
AMICUS THERAPEUTICS INC / FOLD FAQ
What is the technical rating for FOLD stock?
ChartMill assigns a technical rating of 9 / 10 to FOLD.
What is the trend direction for FOLD stock?
The current trend direction for AMICUS THERAPEUTICS INC (FOLD) is Bullish.
Can you provide the RSI signal for AMICUS THERAPEUTICS INC?
AMICUS THERAPEUTICS INC (FOLD) has an RSI value of 86.8188. This indicates that the stock is currently overbought.
What is the MACD signal for AMICUS THERAPEUTICS INC (FOLD) stock?
The MACD indicator for AMICUS THERAPEUTICS INC (FOLD) has a value of -0.146037, indicating a bearish trend.
Can you provide the buy/sell signal for AMICUS THERAPEUTICS INC?
The buy/sell signal for AMICUS THERAPEUTICS INC (FOLD) is buy as both the short term and long term trends are positive.