FOX CORP - CLASS A (FOXA) Stock Technical Analysis
USA - NASDAQ:FOXA - US35137L1052 - Common Stock
58.25 USD
-0.48 (-0.82%)
58.5 USD
+0.25 (+0.43%)
Overall FOXA gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that FOXA is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by FOXA over the past year are nicely spread over this period.
FOXA is part of the Media industry. There are 99 other stocks in this industry. FOXA outperforms 84% of them.
FOXA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FOXA is lagging the market slightly.
FOXA has an average volume of 3342700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month FOXA has a been trading in the 55.67 - 62.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
FOXA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 57.31, a Stop Loss order could be placed below this zone.
More info and screens
48.09
58.83
We found 4 important support areas.
- A support zone ranging from 56.09 to 57.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @54.89 from a trend line in the weekly time frame.
- A support zone ranging from 53.69 to 54.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 48.58 to 49.34. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for FOXA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FOXA is neutral. |
| ChartMill Relative Strength | 83.9 | POSITIVE | FOXA has a high relative strength, it outperformed 83.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOXA is below 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) | 48.41 | NEUTRAL | The RSI value for FOXA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests FOXA has a negative trend. |
| Stochastics (14,3) | 34 | NEUTRAL | The Stochastics value for FOXA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for FOXA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.68 | NEUTRAL | The ADX value for FOXA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 59.85 | 56.08 | 3.77 (6.30%) | 15.86% |
| An entry @59.85. This is a Buy Stop order right above the 10 day moving average. | An exit @56.08. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.77 points, which is 6.30%. | For a 1.00% total portfolio risk, you can invest 15.86% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
58.25
-0.48 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.82%
1 Week-5.28%
2 Weeks-2.03%
1 Month-2.74%
3 Month8.49%
6 Month11.42%
12 Month46.87%
2 Year86.7%
3 Year89.86%
5 Year109.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%2.49%
ATR Inc18.73%
Range Today1.28
ADR(20)1.3
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.9
Mansfield0.26
10 Day High62.69
10 Day Low55.67
20 Day High62.69
20 Day Low55.67
52 Week High62.69
52 Week Low39.35
CS1 End57.31
CR1 StartN/A
Volume & EV
DER(3)-2.45%
DER(5)-2.43%
Volume3.54M
Volume Incr64.49%
Vol(5)4.83M
Vol(50)3.34M