FOSSIL GROUP INC (FOSL) Technical Analysis
NASDAQ:FOSL • US34988V1061
Current stock price
FOSL Technical Rating and Analysis
Taking everything into account, FOSL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FOSL is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that FOSL is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by FOSL over the past year are nicely spread over this period.
- FOSL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 100% of 45 stocks in the same industry.
- FOSL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month FOSL has a been trading in the 3.86 - 5.75 range, which is quite wide. It is currently trading near the high of this range.
FOSL Weekly and Daily overview Charts
FOSL Setup Rating and Analysis
FOSL has an excellent technical rating, but the quality of the setup is only medium 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
FOSL Support and Resistance Analysis
3.95
2 important support areas can be observed.
- A support zone ranging from 4.37 to 4.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.99 to 3.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.59 to 5.62. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for FOSL is up. |
| ChartMill Relative Strength | 99.14 | POSITIVE | FOSL has a high relative strength, it outperformed 99.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOSL is above the rising 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) | 71.77 | OVERBOUGHT | The high RSI value suggests FOSL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests FOSL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 91.14 | OVERBOUGHT | The high Stochastics value suggests FOSL may be overbought. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for FOSL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.85 | POSITIVE | The high ADX value value for FOSL suggests a strong 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 |
|---|---|---|---|
| 5.63 | 4.91 | 0.72 (12.79%) | 7.82% |
| An entry @5.63. This is a Buy Stop order right above the resistance zone. | An exit @4.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.72 points, which is 12.79%. | For a 1.00% total portfolio risk, you can invest 7.82% of your capital in this trade. |
- 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
5.43
-0.18 (-3.21%)
FOSSIL GROUP INC / FOSL TA FAQ
Can you provide the ChartMill technical rating for FOSSIL GROUP INC?
ChartMill assigns a technical rating of 10 / 10 to FOSL.
What is the trend direction for FOSL stock?
The current trend direction for FOSSIL GROUP INC (FOSL) is Bullish.
Can you provide the RSI signal for FOSSIL GROUP INC?
FOSSIL GROUP INC (FOSL) has an RSI value of 71.7707. This indicates that the stock is currently overbought.
What is the MACD signal for FOSL stock?
The MACD indicator for FOSSIL GROUP INC (FOSL) has a value of 0.0705432, indicating a bearish trend.
Can you provide the short term momentum for FOSSIL GROUP INC?
The short term momentum for FOSSIL GROUP INC (FOSL) is positive.