Overall FOXA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FOXA is showing a nice and steady performance.
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.
54.92
When analyzing the support we can see 5 important areas.
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 | 88.53 | POSITIVE | FOXA has a high relative strength, it outperformed 88.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOXA is above the rising 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) | 67.21 | NEUTRAL | The RSI value for FOXA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests FOXA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.35 | NEUTRAL | The Stochastics value for FOXA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for FOXA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.81 | POSITIVE | The high ADX value value for FOXA suggests a strong trend. |
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 |
|---|---|---|---|
| 72.97 | 67.55 | 5.42 (7.43%) | 13.46% |
| An entry @72.97. This is a Buy Stop order right above the 10 day high. | An exit @67.55. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 5.42 points, which is 7.43%. | When investing 13.46% of your capital in this trade, your total portfolio risk will be 1.00%. |
70.36
-0.87 (-1.22%)
ChartMill assigns a technical rating of 10 / 10 to FOXA.
The current trend direction for FOX CORP - CLASS A (FOXA) is Bullish.
FOX CORP - CLASS A (FOXA) has an RSI value of 67.2133. This indicates that the stock is currently neutral.
The MACD indicator for FOX CORP - CLASS A (FOXA) has a value of 0.255239, indicating a bearish trend.
The short term momentum for FOX CORP - CLASS A (FOXA) is positive.