USA - NASDAQ:FOSL - US34988V1061 - Common Stock
Overall FOSL gets a technical rating of 5 out of 10. In the last year, FOSL was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, FOSL does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.27, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FOSL in the last couple of days, which is a good sign.
2.16
We found 2 important support areas.
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 | DOWN | NEGATIVE | The short term trend for FOSL is down. |
| ChartMill Relative Strength | 92.81 | POSITIVE | FOSL has a high relative strength, it outperformed 92.81% 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) | DOWN | NEGATIVE | The current price of FOSL is below a declining 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) | 43.44 | NEUTRAL | The RSI value for FOSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests FOSL has a negative trend. |
| Stochastics (14,3) | 2.35 | OVERSOLD | The low Stochastics value suggests FOSL may be oversold. |
| Average True Range in percent/ATR (20) | 13.36 | HIGH VOLATILITY | The high ATR as a percentage value for FOSL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.73 | POSITIVE | The high ADX value value for FOSL suggests a strong trend. |
2.3
0 (0%)
ChartMill assigns a technical rating of 5 / 10 to FOSL.
The current trend direction for FOSSIL GROUP INC (FOSL) is Bullish.
FOSSIL GROUP INC (FOSL) has an RSI value of 43.4386. This indicates that the stock is currently neutral.
The short term momentum for FOSSIL GROUP INC (FOSL) is negative.
FOSSIL GROUP INC (FOSL) has a support level at 2.27. Check the full technical report for our detailed analysis of FOSL support and resistance levels.