FOX CORP - CLASS A (FOXA) Stock Technical Analysis
NASDAQ:FOXA • US35137L1052
We assign a technical rating of 0 out of 10 to FOXA. FOXA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 77% of all other stocks performed better in the past year than FOXA.
- In the last month FOXA has a been trading in the 55.45 - 73.44 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- FOXA has an average volume of 3877490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FOXA is an average performer in the Media industry, it outperforms 64% of 92 stocks in the same industry.
- FOXA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FOXA is lagging the market.
The technical rating of FOXA is bad and it also does not present a quality setup 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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54.92
When analyzing the support we notice one important area.
- A support zone ranging from 55.47 to 56.50. 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 | DOWN | NEGATIVE | The long term trend for FOXA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FOXA is down. |
| ChartMill Relative Strength | 23.39 | NEGATIVE | FOXA has a low relative strength, it was outperformed by 76.61% 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) | DOWN | NEGATIVE | The current price of FOXA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of FOXA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 19.88 | OVERSOLD | The low RSI value suggests FOXA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.35 | NEGATIVE | The MACD value suggests FOXA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.66 | OVERSOLD | The low Stochastics value suggests FOXA may be oversold. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for FOXA suggests some volalility. |
| Average Directional Index/ADX (14) | 47.43 | POSITIVE | The high ADX value value for FOXA suggests a strong trend. |
57.17
+0.74 (+1.31%)
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 0 / 10 to FOXA.
What is the current trend direction of FOX CORP - CLASS A (FOXA) stock?
The current trend direction for FOX CORP - CLASS A (FOXA) is Bearish.
What is the RSI signal for FOXA stock?
FOX CORP - CLASS A (FOXA) has an RSI value of 19.8816. This indicates that the stock is currently oversold.
Can you provide the MACD signal for FOX CORP - CLASS A?
The MACD indicator for FOX CORP - CLASS A (FOXA) has a value of -1.35467, indicating a bearish trend.
What is the buy/sell signal for FOX CORP - CLASS A (FOXA) stock?
The buy/sell signal for FOX CORP - CLASS A (FOXA) is sell as both the short term and long term trends are negative.