Logo image of FRE.MI

FRENDY ENERGY SPA (FRE.MI) Stock Technical Analysis

BIT:FRE - Euronext Milan - IT0004819857 - Common Stock - Currency: EUR

0.22  -0.02 (-8.33%)

Technical Rating and Analysis

0

Taking everything into account, FRE scores 0 out of 10 in our technical rating. FRE'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FRE is a bad performer in the overall market: 100% of all stocks are doing better.
FRE is part of the Independent Power and Renewable Electricity Producers industry. There are 21 other stocks in this industry, of which 90% are performing better than FRE.
In the last month FRE has a been trading in the 0.19 - 0.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
FRENDY ENERGY SPA / FRE Weekly stock chart
FRENDY ENERGY SPA / FRE Daily stock chart
Setup Rating and Analysis

4

FRE has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.

Support and Resistance Analysis

0.19

0.23

We found 2 important support areas.

  • Support @0.20 from a horizontal line in the weekly time frame.
  • A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for FRE.MI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for FRE.MI is down.
ChartMill Relative Strength0NEGATIVEFRE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of FRE.MI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of FRE.MI is below a declining SMA(50).
Relative Strength Index/RSI (14)24.03OVERSOLDThe low RSI value suggests FRE.MI may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.31POSITIVEThe MACD value suggests FRE.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)64.61NEUTRALThe Stochastics value for FRE.MI is a neutral value.
Average True Range in percent/ATR (20)8.59HIGH VOLATILITYThe high ATR as a percentage value for FRE.MI suggests high volalility.
Average Directional Index/ADX (14)51.15POSITIVEThe high ADX value value for FRE.MI suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRENDY ENERGY SPA / FRE Daily stock chart

FRENDY ENERGY SPA

BIT:FRE (7/17/2025, 7:00:00 PM)

0.22

-0.02 (-8.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-8.33%
1 Week7.84%
2 Weeks-13.39%
1 Month-19.12%
3 Month7.84%
6 MonthN/A
12 MonthN/A
2 Year-99.51%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%8.59%
ATR Inc52.42%
Range Today0
ADR(20)0.01
ADR(20)%5.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.27
10 Day Low0.19
20 Day High0.27
20 Day Low0.19
52 Week HighN/A
52 Week LowN/A
CS1 End0.2
CR1 Start0.23
Volume & EV
DER(3)0%
DER(5)0%
Volume74.52K
Volume Incr10.43%
Vol(5)202.39K
Vol(50)145.39K