FRENDY ENERGY SPA (FRE.MI) Stock Technical Analysis
BIT:FRE - Euronext Milan - IT0004819857 - Common Stock - Currency: EUR
Overall FRE gets a technical rating of 0 out of 10. 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 one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 90% of 21 stocks in the same industry do better.
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.
FRE has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
0.19
0.23
When analyzing the support we can see 2 important 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.
We found 1 important resistance 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.
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 FRE.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRE.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FRE.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRE.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRE.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 24.03 | OVERSOLD | The low RSI value suggests FRE.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests FRE.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.61 | NEUTRAL | The Stochastics value for FRE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.59 | HIGH VOLATILITY | The high ATR as a percentage value for FRE.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 51.15 | POSITIVE | The high ADX value value for FRE.MI suggests a strong trend. |
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)
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