FOXX DEVELOPMENT HOLDINGS IN (FOXX) Technical Analysis
NASDAQ:FOXX • US3516651045
Current stock price
FOXX Technical Rating and Analysis
Taking everything into account, FOXX scores 7 out of 10 in our technical rating. FOXX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- Warning: FOXX has an average volume of 13730 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- FOXX is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 75% of 37 stocks in the same industry.
- In the last month FOXX has a been trading in the 3.63 - 5.64 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that FOXX is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- FOXX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FOXX is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FOXX Weekly and Daily overview Charts
FOXX Setup Rating and Analysis
Although FOXX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
FOXX Support and Resistance Analysis
3.63
When analyzing the support we can see 4 important areas.
- A support zone ranging from 4.57 to 4.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.25 from a trend line in the weekly time frame.
- Support @3.97 from a trend line in the daily time frame.
- Support @3.67 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.62 to 5.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
FOXX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for FOXX is up. |
| ChartMill Relative Strength | 79.49 | POSITIVE | FOXX has a high relative strength, it outperformed 79.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FOXX is above the rising 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 | MIXED | The current price of FOXX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.83 | NEUTRAL | The RSI value for FOXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests FOXX has a positive trend. |
| Stochastics (14,3) | 86.13 | OVERBOUGHT | The high Stochastics value suggests FOXX may be overbought. |
| Average True Range in percent/ATR (20) | 7.34 | HIGH VOLATILITY | The high ATR as a percentage value for FOXX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.37 | POSITIVE | The high ADX value value for FOXX suggests a strong trend. |
FOXX Chart- and CandleStick Pattern Analysis
FOXX Technicals: Chart, Performance Metrics, Trend & Indicators
5.61
+0.06 (+1.08%)
FOXX DEVELOPMENT HOLDINGS IN / FOXX TA FAQ
What is the ChartMill technical rating of FOXX DEVELOPMENT HOLDINGS IN (FOXX) stock?
ChartMill assigns a technical rating of 7 / 10 to FOXX.
What is the current trend direction of FOXX DEVELOPMENT HOLDINGS IN (FOXX) stock?
The current trend direction for FOXX DEVELOPMENT HOLDINGS IN (FOXX) is Bearish.
What is the RSI signal for FOXX DEVELOPMENT HOLDINGS IN (FOXX) stock?
FOXX DEVELOPMENT HOLDINGS IN (FOXX) has an RSI value of 68.8266. This indicates that the stock is currently neutral.
What is the short term momentum for FOXX DEVELOPMENT HOLDINGS IN (FOXX) stock?
The short term momentum for FOXX DEVELOPMENT HOLDINGS IN (FOXX) is positive.