FOX CORP - CLASS A (FOXA) Stock Technical Analysis
USA - NASDAQ:FOXA - US35137L1052 - Common Stock
We assign a technical rating of 9 out of 10 to FOXA. Both in the recent history as in the last year, FOXA has proven to be a steady performer, scoring decent points in every aspect analyzed.
FOXA has an excellent technical rating, but the quality of the setup is only medium 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
54.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 58.94 to 59.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.99 to 57.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.47 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.97 to 63.07. 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 FOXA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FOXA is up. |
| ChartMill Relative Strength | 83.72 | POSITIVE | FOXA has a high relative strength, it outperformed 83.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FOXA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FOXA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOXA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.83 | NEUTRAL | The RSI value for FOXA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests FOXA has a positive trend. |
| Stochastics (14,3) | 83.97 | OVERBOUGHT | The high Stochastics value suggests FOXA may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for FOXA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.93 | NEGATIVE | The low ADX value for FOXA suggests a weak or negative trend. |
60.81
-0.3 (-0.49%)
FOX CORP - CLASS A / FOXA FAQ
What is the ChartMill technical rating of FOX CORP - CLASS A (FOXA) stock?
ChartMill assigns a technical rating of 9 / 10 to FOXA.
Can you provide the trend direction for FOX CORP - CLASS A?
The current trend direction for FOX CORP - CLASS A (FOXA) is Bullish.
What is the RSI signal for FOXA stock?
FOX CORP - CLASS A (FOXA) has an RSI value of 56.8257. This indicates that the stock is currently neutral.
What is the MACD signal for FOXA stock?
The MACD indicator for FOX CORP - CLASS A (FOXA) has a value of 0.283302, indicating a bearish trend.
What is the short term momentum for FOXA stock?
The short term momentum for FOX CORP - CLASS A (FOXA) is positive.