FOSSIL GROUP INC (FOSL) Stock Technical Analysis
NASDAQ:FOSL • US34988V1061
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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that FOSL is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by FOSL over the past year are nicely spread over this period.
- FOSL is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry. FOSL outperforms 100% of them.
- FOSL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FOSL is lagging the market slightly.
- In the last month FOSL has a been trading in the 3.24 - 4.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FOSL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.40, 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.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.40 to 3.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.25 from a horizontal line in the daily time frame.
- Support @2.07 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @3.99 from a horizontal line in the daily 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 | 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 | 97.75 | POSITIVE | FOSL has a high relative strength, it outperformed 97.75% 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) | 53.94 | NEUTRAL | The RSI value for FOSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests FOSL has a positive trend. |
| Stochastics (14,3) | 49.87 | NEUTRAL | The Stochastics value for FOSL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.66 | HIGH VOLATILITY | The high ATR as a percentage value for FOSL suggests high volalility. |
| Average Directional Index/ADX (14) | 33.62 | POSITIVE | The high ADX value value for FOSL suggests a strong trend. |
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 |
|---|---|---|---|
| 4.00 | 3.39 | 0.61 (15.25%) | 6.56% |
| An entry @4.00. This is a Buy Stop order right above the resistance zone. | An exit @3.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.61 points, which is 15.25%. | For a 1.00% total portfolio risk, you can invest 6.56% 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.
3.82
-0.1 (-2.55%)
FOSSIL GROUP INC / FOSL 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.
What is the RSI signal for FOSSIL GROUP INC (FOSL) stock?
FOSSIL GROUP INC (FOSL) has an RSI value of 53.9383. 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 0.018307, indicating a bearish trend.