KEANE GROUP INC (FRAC) Technical Analysis
NYSE:FRAC
Current stock price
FRAC Technical Rating and Analysis
Taking everything into account, FRAC scores 0 out of 10 in our technical rating. FRAC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 96% of all other stocks performed better in the past year than FRAC.
- FRAC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month FRAC has a been trading in the 4.40 - 5.83 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.
- FRAC has an average volume of 1959480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FRAC Weekly and Daily overview Charts
FRAC Setup Rating and Analysis
The technical rating of FRAC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
FRAC Support and Resistance Analysis
4.50
4 important resistance areas can be observed.
- A resistance zone ranging from 5.54 to 5.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.91 from a trend line in the daily time frame.
- Resistance @8.65 from a trend line in the weekly time frame.
- Resistance @9.08 from a trend line in the weekly time frame.
FRAC 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 | DOWN | NEGATIVE | The long term trend for FRAC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRAC is neutral. |
| ChartMill Relative Strength | 4.87 | NEGATIVE | FRAC has a low relative strength, it was outperformed by 95.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRAC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRAC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRAC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.43 | NEUTRAL | The RSI value for FRAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FRAC has a negative trend. |
| Stochastics (14,3) | 42.96 | NEUTRAL | The Stochastics value for FRAC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.79 | HIGH VOLATILITY | The high ATR as a percentage value for FRAC suggests high volalility. |
FRAC Chart- and CandleStick Pattern Analysis
FRAC Technicals: Chart, Performance Metrics, Trend & Indicators
4.55
-0.55 (-10.78%)
KEANE GROUP INC / FRAC TA FAQ
What is the technical rating for FRAC stock?
ChartMill assigns a technical rating of 0 / 10 to FRAC.
What is the trend direction for FRAC stock?
The current trend direction for KEANE GROUP INC (FRAC) is Bearish.
What is the RSI signal for KEANE GROUP INC (FRAC) stock?
KEANE GROUP INC (FRAC) has an RSI value of 35.4304. This indicates that the stock is currently neutral.
What is the MACD signal for KEANE GROUP INC (FRAC) stock?
The MACD indicator for KEANE GROUP INC (FRAC) has a value of -0.000161505, indicating a bearish trend.
What is the support and resistance level for FRAC stock?
KEANE GROUP INC (FRAC) has a resistance level at 5.54. Check the full technical report for our detailed analysis of FRAC support and resistance levels.