Foamix Pharmaceuticals Ltd. (FOMX) Technical Analysis
NASDAQ:FOMX
Current stock price
FOMX Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to FOMX. FOMX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month FOMX has a been trading in the 2.90 - 4.69 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, FOMX outperforms 56% of them, which is more or less in line with the market.
- FOMX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOMX is lagging the market.
FOMX Weekly and Daily overview Charts
FOMX Setup Rating and Analysis
The technical rating of FOMX is bad and it also does not present a 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
FOMX Support and Resistance Analysis
2.76
2 important support areas can be observed.
- Support @2.93 from a trend line in the weekly time frame.
- Support @2.79 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.55 from a trend line in the weekly time frame.
FOMX 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 | NEUTRAL | NEUTRAL | The long term trend for FOMX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOMX is down. |
| ChartMill Relative Strength | 56.46 | NEUTRAL | FOMX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOMX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FOMX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FOMX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.85 | OVERSOLD | The low RSI value suggests FOMX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests FOMX has a negative trend. |
| Stochastics (14,3) | 8.88 | OVERSOLD | The low Stochastics value suggests FOMX may be oversold. |
| Average True Range in percent/ATR (20) | 9.93 | HIGH VOLATILITY | The high ATR as a percentage value for FOMX suggests high volalility. |
FOMX Chart- and CandleStick Pattern Analysis
FOMX Technicals: Chart, Performance Metrics, Trend & Indicators
2.99
-0.25 (-7.72%)
Foamix Pharmaceuticals Ltd. / FOMX TA FAQ
What is the technical rating for FOMX stock?
ChartMill assigns a technical rating of 1 / 10 to FOMX.
Can you provide the trend direction for Foamix Pharmaceuticals Ltd.?
The current trend direction for Foamix Pharmaceuticals Ltd. (FOMX) is Bearish.
Can you provide the RSI signal for Foamix Pharmaceuticals Ltd.?
Foamix Pharmaceuticals Ltd. (FOMX) has an RSI value of 25.8508. This indicates that the stock is currently oversold.
Can you provide the support and resistance levels for Foamix Pharmaceuticals Ltd.?
Foamix Pharmaceuticals Ltd. (FOMX) has a support level at 2.93 and a resistance level at 4.55. Check the full technical report for our detailed analysis of FOMX support and resistance levels.