Taking everything into account, FOX 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, FOX is showing a nice and steady performance.
Although FOX has an excellent technical rating, the quality of the presented setup is not ideal 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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49.87
5 important support areas can be observed.
- A support zone ranging from 62.00 to 62.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 57.70 to 58.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 53.81 to 54.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.80 from a horizontal line in the daily time frame.
- Support @50.37 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 63.61 to 63.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 FOX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOX is up. |
| ChartMill Relative Strength | 87.07 | POSITIVE | FOX has a high relative strength, it outperformed 87.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FOX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.83 | OVERBOUGHT | The high RSI value suggests FOX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests FOX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.67 | OVERBOUGHT | The high Stochastics value suggests FOX may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for FOX suggests low volalility. |
| Average Directional Index/ADX (14) | 31.8 | POSITIVE | The high ADX value value for FOX suggests a strong trend. |
63.6
+0.19 (+0.3%)
FOX CORP - CLASS B / FOX FAQ
What is the technical rating for FOX stock?
ChartMill assigns a technical rating of 10 / 10 to FOX.
What is the current trend direction of FOX CORP - CLASS B (FOX) stock?
The current trend direction for FOX CORP - CLASS B (FOX) is Bullish.
Can you provide the RSI signal for FOX CORP - CLASS B?
FOX CORP - CLASS B (FOX) has an RSI value of 71.8254. This indicates that the stock is currently overbought.
What is the MACD signal for FOX CORP - CLASS B (FOX) stock?
The MACD indicator for FOX CORP - CLASS B (FOX) has a value of 0.109371, indicating a bearish trend.
What is the short term momentum for FOX stock?
The short term momentum for FOX CORP - CLASS B (FOX) is positive.