AMICUS THERAPEUTICS INC (FOLD) Technical Analysis
NASDAQ:FOLD • US03152W1099
Current stock price
FOLD Technical Rating and Analysis
Overall FOLD gets a technical rating of 10 out of 10. 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.
- When comparing the yearly performance of all stocks, we notice that FOLD is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by FOLD over the past year are nicely spread over this period.
- FOLD is part of the Biotechnology industry. There are 517 other stocks in this industry. FOLD outperforms 74% of them.
- FOLD is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FOLD is leading the market.
- FOLD has an average volume of 4616260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month FOLD has a been trading in a tight range between 14.37 and 14.48.
- Considerably lower volume is observed in the last couple of days.
FOLD Weekly and Daily overview Charts
FOLD Setup Rating and Analysis
FOLD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.44, a Stop Loss order could be placed below this zone.
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FOLD Support and Resistance Analysis
14.12
When analyzing the support we notice one important area.
- A support zone ranging from 14.26 to 14.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.48 to 14.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
FOLD Technical Indicator Signal Analysis
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 | 92.06 | POSITIVE | FOLD has a high relative strength, it outperformed 92.06% 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) | 71.57 | OVERBOUGHT | The high RSI value suggests FOLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FOLD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 93.27 | OVERBOUGHT | The high Stochastics value suggests FOLD may be overbought. |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for FOLD suggests low volalility. |
| Average Directional Index/ADX (14) | 66.91 | POSITIVE | The high ADX value value for FOLD suggests a strong trend. |
FOLD Chart- and CandleStick Pattern Analysis
FOLD Example Setup
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 |
|---|---|---|---|
| 14.49 | 14.39 | 0.10 (0.69%) | 25.00% |
| An entry @14.49. This is a Buy Stop order right above the resistance zone. | An exit @14.39. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.10 points, which is 0.69%. | For a 0.17% 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.
FOLD Technicals: Chart, Performance Metrics, Trend & Indicators
14.46
-0.01 (-0.07%)
AMICUS THERAPEUTICS INC / FOLD TA FAQ
What is the technical rating for FOLD stock?
ChartMill assigns a technical rating of 10 / 10 to FOLD.
What is the trend direction for FOLD stock?
The current trend direction for AMICUS THERAPEUTICS INC (FOLD) is Bullish.
What is the RSI signal for AMICUS THERAPEUTICS INC (FOLD) stock?
AMICUS THERAPEUTICS INC (FOLD) has an RSI value of 71.5706. This indicates that the stock is currently overbought.
What is the short term momentum for FOLD stock?
The short term momentum for AMICUS THERAPEUTICS INC (FOLD) is positive.
What is the support and resistance level for FOLD stock?
AMICUS THERAPEUTICS INC (FOLD) has a support level at 14.44 and a resistance level at 14.48. Check the full technical report for our detailed analysis of FOLD support and resistance levels.