FOX CORP - CLASS B (FOX) Stock Technical Analysis
NASDAQ:FOX - Nasdaq - US35137L2043 - Common Stock - Currency: USD
Taking everything into account, FOX scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, FOX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FOX did better than 84% of all other stocks. On top of that, FOX also shows a nice and consistent pattern of rising prices.
FOX is part of the Media industry. There are 98 other stocks in this industry. FOX outperforms 82% of them.
FOX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month FOX has a been trading in the 48.42 - 54.93 range, which is quite wide. It is currently trading near the high of this range.
FOX has an average volume of 1103470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although FOX has an excellent technical rating, it does not present a decent entry opportunity 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
43.31
55.14
When analyzing the support we can see 4 important areas.
- Strong support @53.00 from a horizontal line in the daily time frame.
- A support zone ranging from 51.11 to 52.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 49.05 to 50.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 54.08 to 54.59. 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 | 84.51 | POSITIVE | FOX has a high relative strength, it outperformed 84.51% 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) | 58.17 | NEUTRAL | The RSI value for FOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests FOX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.2 | NEUTRAL | The Stochastics value for FOX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for FOX suggests some volalility. |
| Average Directional Index/ADX (14) | 18.24 | NEGATIVE | The low ADX value for FOX suggests a weak or negative 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)
53.22
+0.47 (+0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.89%
1 Week4.05%
2 Weeks6.29%
1 Month3.6%
3 Month5.53%
6 Month0.4%
12 Month39.54%
2 Year74.38%
3 Year68.31%
5 Year91.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%2.31%
ATR Inc-28%
Range Today1.02
ADR(20)1.2
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.51
Mansfield0.5
10 Day High54.93
10 Day Low48.42
20 Day High54.93
20 Day Low48.42
52 Week High55
52 Week Low35.89
CS1 End53
CR1 Start54.08
Volume & EV
DER(3)2.16%
DER(5)3%
Volume610.90K
Volume Incr-27.18%
Vol(5)835.74K
Vol(50)1.10M