AMICUS THERAPEUTICS INC (FOLD) Stock Technical Analysis
USA - NASDAQ:FOLD - US03152W1099 - Common Stock
8.33 USD
-0.15 (-1.77%)
8.44 USD
+0.11 (+1.32%)
Overall FOLD gets a technical rating of 8 out of 10. Although FOLD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
In the last month FOLD has a been trading in the 7.40 - 8.52 range, which is quite wide. It is currently trading near the high of this range.
FOLD has an average volume of 4367790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, FOLD outperforms 63% of them, which is more or less in line with the market.
FOLD is an average performer in the Biotechnology industry, it outperforms 62% of 540 stocks in the same industry.
FOLD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOLD is lagging the market.
Volume is considerably higher in the last couple of days.
FOLD has an excellent technical rating, but the quality of the setup is only medium 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
6.37
9.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.88 to 8.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.72 from a horizontal line in the daily time frame.
- Support @6.43 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @9.28 from a trend line in the weekly time frame.
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 | 63.56 | NEUTRAL | FOLD is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of FOLD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.83 | NEUTRAL | The RSI value for FOLD is a neutral value. |
| 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) | 77.21 | NEUTRAL | The Stochastics value for FOLD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for FOLD suggests some volalility. |
| Average Directional Index/ADX (14) | 35.03 | POSITIVE | The high ADX value value for FOLD 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)
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 |
|---|---|---|---|
| 8.53 | 7.87 | 0.66 (7.74%) | 12.92% |
| An entry @8.53. This is a Buy Stop order right above the 10 day high. | An exit @7.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.66 points, which is 7.74%. | When investing 12.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
8.33
-0.15 (-1.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.77%
1 Week4.26%
2 Weeks4.26%
1 Month9.61%
3 Month47.7%
6 Month-7.5%
12 Month-26.22%
2 Year-31.5%
3 Year-20.21%
5 Year-41.01%
10 Year-40.46%
15 Year112.5%
Volatility
ATR(14)0.31
ATR(20)%3.34%
ATR Inc64.44%
Range Today0.3
ADR(20)0.26
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.56
Mansfield-1.07
10 Day High8.52
10 Day Low7.61
20 Day High8.52
20 Day Low7.4
52 Week High12.65
52 Week Low5.51
CS1 End8.03
CR1 Start9.28
Volume & EV
DER(3)1.17%
DER(5)3.23%
Volume13.47M
Volume Incr115.47%
Vol(5)7.76M
Vol(50)4.37M