FOXX DEVELOPMENT HOLDINGS IN (FOXX) Stock Technical Analysis
NASDAQ:FOXX • US3516651045
Taking everything into account, FOXX scores 6 out of 10 in our technical rating. FOXX was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- FOXX is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 88% of 36 stocks in the same industry.
- In the last month FOXX has a been trading in the 4.11 - 5.46 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that FOXX is one of the better performing stocks in the market, outperforming 85% 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 currently trading near new highs, so FOXX is lagging the market.
- Considerably lower volume is observed in the last couple of days.
FOXX has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
4.03
We found 1 important support area.
- Support @4.07 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.22 to 5.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.60 from a trend line 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 | 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 | 85 | POSITIVE | FOXX has a high relative strength, it outperformed 85% 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) | DOWN | MIXED | The current price of FOXX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FOXX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.31 | NEUTRAL | The RSI value for FOXX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests FOXX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.96 | NEUTRAL | The Stochastics value for FOXX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.31 | HIGH VOLATILITY | The high ATR as a percentage value for FOXX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.85 | NEGATIVE | The low ADX value for FOXX suggests a weak or negative trend. |
5.21
+0.89 (+20.6%)
FOXX DEVELOPMENT HOLDINGS IN / FOXX FAQ
What is the ChartMill technical rating of FOXX DEVELOPMENT HOLDINGS IN (FOXX) stock?
ChartMill assigns a technical rating of 6 / 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.
Can you provide the RSI signal for FOXX DEVELOPMENT HOLDINGS IN?
FOXX DEVELOPMENT HOLDINGS IN (FOXX) has an RSI value of 57.3067. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FOXX DEVELOPMENT HOLDINGS IN?
The MACD indicator for FOXX DEVELOPMENT HOLDINGS IN (FOXX) has a value of -0.0118591, indicating a bearish trend.