Taking everything into account, FOXX scores 2 out of 10 in our technical rating. FOXX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FOXX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for FOXX in the last couple of days, which is a good sign.
3.63
When analyzing the support we can see 2 important areas.
When analyzing the resistance we notice 2 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 | NEUTRAL | NEUTRAL | The long term trend for FOXX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FOXX is neutral. |
| ChartMill Relative Strength | 21.99 | NEGATIVE | FOXX has a low relative strength, it was outperformed by 78.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FOXX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FOXX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FOXX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.11 | NEUTRAL | The RSI value for FOXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests FOXX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.42 | NEUTRAL | The Stochastics value for FOXX is a neutral value. |
| Average True Range in percent/ATR (20) | 17.44 | HIGH VOLATILITY | The high ATR as a percentage value for FOXX suggests high volalility. |
| Average Directional Index/ADX (14) | 23.39 | NEUTRAL | The ADX value for FOXX suggests a possible start of a new trend. |
4.64
+0.39 (+9.31%)
ChartMill assigns a technical rating of 2 / 10 to FOXX.
The current trend direction for FOXX DEVELOPMENT HOLDINGS IN (FOXX) is Bearish.
FOXX DEVELOPMENT HOLDINGS IN (FOXX) has an RSI value of 52.1081. This indicates that the stock is currently neutral.
The MACD indicator for FOXX DEVELOPMENT HOLDINGS IN (FOXX) has a value of -0.082848, indicating a bearish trend.