FOSSIL GROUP INC (FOSL) Technical Analysis
NASDAQ:FOSL • US34988V1061
Current stock price
FOSL Technical Rating and Analysis
Taking everything into account, FOSL scores 8 out of 10 in our technical rating. In the last year, FOSL was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month FOSL has a been trading in the 3.77 - 5.00 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 positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, FOSL did better than 97% of all other stocks.
- FOSL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 93% of 45 stocks in the same industry.
- FOSL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FOSL is performing more or less in line with the market.
FOSL Weekly and Daily overview Charts
FOSL Setup Rating and Analysis
FOSL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for FOSL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FOSL Support and Resistance Analysis
1.99
When analyzing the support we can see 5 important areas.
- A support zone ranging from 3.96 to 3.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.40 from a horizontal line in the weekly time frame.
- Support @2.58 from a trend line in the weekly time frame.
- Support @2.19 from a trend line in the daily time frame.
- Support @2.01 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.00 to 4.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
FOSL 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 FOSL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FOSL is neutral. |
| ChartMill Relative Strength | 97.76 | POSITIVE | FOSL has a high relative strength, it outperformed 97.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOSL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FOSL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.29 | NEUTRAL | The RSI value for FOSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FOSL has a negative trend. |
| Stochastics (14,3) | 37.43 | NEUTRAL | The Stochastics value for FOSL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for FOSL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.62 | NEUTRAL | The ADX value for FOSL suggests a possible start of a new trend. |
FOSL Chart- and CandleStick Pattern Analysis
FOSL 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 |
|---|---|---|---|
| 4.06 | 3.95 | 0.11 (2.71%) | 25.00% |
| An entry @4.06. This is a Buy Stop order right above the resistance zone. | An exit @3.95. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.11 points, which is 2.71%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- The distance between exit and entry is rather small compared to the average daily movement of FOSL. Please evaluate whether better entry and exit points can be found.
- 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.
FOSL Technicals: Chart, Performance Metrics, Trend & Indicators
3.99
-0.31 (-7.21%)
FOSSIL GROUP INC / FOSL TA FAQ
Can you provide the ChartMill technical rating for FOSSIL GROUP INC?
ChartMill assigns a technical rating of 8 / 10 to FOSL.
What is the trend direction for FOSL stock?
The current trend direction for FOSSIL GROUP INC (FOSL) is Bullish.
What is the RSI signal for FOSSIL GROUP INC (FOSL) stock?
FOSSIL GROUP INC (FOSL) has an RSI value of 44.287. This indicates that the stock is currently neutral.
What is the MACD signal for FOSL stock?
The MACD indicator for FOSSIL GROUP INC (FOSL) has a value of -0.0536569, indicating a bearish trend.