Foamix Pharmaceuticals Ltd. (FOMX) Stock Technical Analysis
NASDAQ:FOMX - Nasdaq -
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 trading in the upper part of its 52 week range, so FOMX is lagging the market slightly.
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
2.76
4.60
We found 2 important support areas.
- Support @2.93 from a trend line in the weekly time frame.
- Support @2.79 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.55 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 | 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. |
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)
2.99
-0.25 (-7.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-7.72%
1 Week-16.94%
2 Weeks-31.42%
1 Month-34.14%
3 Month-2.29%
6 Month-9.12%
12 Month-31.42%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%9.93%
ATR Inc23.77%
Range Today0.54
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.46
Mansfield-0.63
10 Day High4.26
10 Day Low2.9
20 Day High4.69
20 Day Low2.9
52 Week High4.84
52 Week Low1.97
CS1 End2.93
CR1 Start4.55
Volume & EV
DER(3)-12.17%
DER(5)-9.39%
Volume1.93M
Volume Incr37.43%
Vol(5)696.28K
Vol(50)570.59K