FOX CORP - CLASS B (FOX) Stock Technical Analysis
NASDAQ:FOX • US35137L2043
Overall FOX gets a technical rating of 0 out of 10. FOX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, FOX is a bad performer in the overall market: 77% of all stocks are doing better.
- In the last month FOX has a been trading in the 48.76 - 65.65 range, which is quite wide. It is currently trading near the lows of this range.
- FOX has an average volume of 1641770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FOX is an average performer in the Media industry, it outperforms 63% of 91 stocks in the same industry.
- FOX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOX is lagging the market.
FOX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 51.90. Right above this resistance zone may be a good entry point.
More info and screens
44.11
We found 1 important support area.
- Support @44.56 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 51.90 to 52.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @63.26 from a trend 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 | DOWN | NEGATIVE | The long term trend for FOX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOX is down. |
| ChartMill Relative Strength | 23.38 | NEGATIVE | FOX has a low relative strength, it was outperformed by 76.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FOX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FOX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.66 | NEUTRAL | The RSI value for FOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests FOX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.86 | NEUTRAL | The Stochastics value for FOX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for FOX suggests some volalility. |
| Average Directional Index/ADX (14) | 58.14 | POSITIVE | The high ADX value value for FOX suggests a strong trend. |
51.73
-0.3 (-0.58%)
FOX CORP - CLASS B / FOX FAQ
Can you provide the ChartMill technical rating for FOX CORP - CLASS B?
ChartMill assigns a technical rating of 0 / 10 to FOX.
What is the trend direction for FOX stock?
The current trend direction for FOX CORP - CLASS B (FOX) is Bearish.
Can you provide the RSI signal for FOX CORP - CLASS B?
FOX CORP - CLASS B (FOX) has an RSI value of 33.664. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FOX CORP - CLASS B?
The short term momentum for FOX CORP - CLASS B (FOX) is negative.
What is the buy/sell signal for FOX CORP - CLASS B (FOX) stock?
The buy/sell signal for FOX CORP - CLASS B (FOX) is sell as both the short term and long term trends are negative.