FOSL Technical Analysis - FOSSIL GROUP INC

Technical Rating and Analysis

Taking everything into account, FOSL scores 8 out of 10 in our technical rating. 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.

In the last month FOSL has a been trading in the 2.27 - 4.40 range, which is quite wide. It is currently trading near the lows of this range.

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 95% of all other stocks.

FOSL is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 95% of 48 stocks in the same industry.

FOSL has an average volume of 1206940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

FOSL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOSL is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

FOSSIL GROUP INC / FOSL Weekly stock chart

FOSSIL GROUP INC / FOSL Daily stock chart

Setup Rating and Analysis

Although FOSL has an excellent technical rating, it does not offer a high quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

2.11

2.40

When analyzing the support we can see 3 important areas.

Support @2.35 from a trend line in the daily time frame.
A support zone ranging from 2.27 to 2.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @2.13 from a trend line in the daily time frame.

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What is Support and Resistance

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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	95.07	POSITIVE	FOSL has a high relative strength, it outperformed 95.07% 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)	44.46	NEUTRAL	The RSI value for FOSL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests FOSL has a positive trend, although the MACD value is declining.
Stochastics (14,3)	30.67	NEUTRAL	The Stochastics value for FOSL is a neutral value.
Average True Range in percent/ATR (20)	13.24	HIGH VOLATILITY	The high ATR as a percentage value for FOSL suggests high volalility.
Average Directional Index/ADX (14)	28.42	POSITIVE	The high ADX value value for FOSL suggests a strong trend.