FOSSIL GROUP INC (FOSL) Technical Analysis
NASDAQ:FOSL • US34988V1061
Current stock price
FOSL Technical Rating and Analysis
Overall FOSL gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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 98% of all other stocks.
- FOSL is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry. FOSL outperforms 97% of them.
- 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.
- In the last month FOSL has a been trading in the 3.77 - 5.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FOSL Weekly and Daily overview Charts
FOSL Setup Rating and Analysis
Besides having an excellent technical rating, FOSL also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. 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
2.55
3 important support areas can be observed.
- Support @4.27 from a trend line in the daily time frame.
- A support zone ranging from 3.98 to 4.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.58 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.89 from a horizontal line in the daily time frame.
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 | 98.02 | POSITIVE | FOSL has a high relative strength, it outperformed 98.02% 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 | POSITIVE | The current price of FOSL is above 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) | 50.04 | NEUTRAL | The RSI value for FOSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests FOSL has a negative trend. |
| Stochastics (14,3) | 57.1 | NEUTRAL | The Stochastics value for FOSL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.11 | HIGH VOLATILITY | The high ATR as a percentage value for FOSL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.16 | 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 |
|---|---|---|---|
| 4.37 | 4.26 | 0.11 (2.56%) | 25.00% |
| An entry @4.37. This is a Buy Stop order right above the 10 day moving average. | An exit @4.26. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 2.56%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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
4.3
-0.09 (-2.05%)
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 50.0398. 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 -0.0242626, indicating a bearish trend.