FOSSIL GROUP INC (FOSL) Stock Technical Analysis
NASDAQ:FOSL - Nasdaq - US34988V1061 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to FOSL. FOSL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
79% of all other stocks performed better in the past year than FOSL.
FOSL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FOSL is lagging the market.
In the last month FOSL has a been trading in the 1.32 - 1.73 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
FOSL is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, FOSL did better than 53% of them.
Considerably lower volume is observed in the last couple of days.
The technical rating of FOSL is bad and it also does not present a 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.
More info and screens
0.91
1.72
When analyzing the support we notice one important area.
- Support @0.92 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.50 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.59 from a trend line in the daily time frame.
- Resistance @1.65 from a trend line in the daily time frame.
- Resistance @1.70 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for FOSL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FOSL is neutral. |
| ChartMill Relative Strength | 21.39 | NEGATIVE | FOSL has a low relative strength, it was outperformed by 78.61% 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 | MIXED | The current price of FOSL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.32 | 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) | 8.16 | OVERSOLD | The low Stochastics value suggests FOSL may be oversold. |
| Average True Range in percent/ATR (20) | 8.22 | HIGH VOLATILITY | The high ATR as a percentage value for FOSL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.74 | NEUTRAL | The ADX value for FOSL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.33
-0.05 (-3.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-3.62%
1 Week-8.9%
2 Weeks-10.14%
1 Month-8.9%
3 Month-13.64%
6 Month-33.17%
12 Month-8.28%
2 Year-48.25%
3 Year-74.27%
5 Year-71.4%
10 Year-98.08%
15 Year-96.17%
Volatility
ATR(14)0.09
ATR(20)%8.22%
ATR Inc-6.65%
Range Today0.08
ADR(20)0.11
ADR(20)%8.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.39
Mansfield-0.66
10 Day High1.6
10 Day Low1.32
20 Day High1.73
20 Day Low1.32
52 Week High2.61
52 Week Low0.86
CS1 End0.92
CR1 Start1.5
Volume & EV
DER(3)-4.89%
DER(5)-5.08%
Volume126.20K
Volume Incr-59.69%
Vol(5)154.60K
Vol(50)306.55K