FRENDY ENERGY SPA (FRE.MI) Technical Analysis
BIT:FRE • IT0004819857
We assign a technical rating of 1 out of 10 to FRE. FRE 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than FRE.
- 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.
- Considerably lower volume is observed 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 and the volatility has been reduced.
More info and screens
0.20
When analyzing the support we notice one important area.
- Support @0.20 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.23 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.25 from a horizontal 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 | 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) | UP | MIXED | The current price of FRE.MI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 25.1 | OVERSOLD | The low RSI value suggests FRE.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests FRE.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.16 | NEUTRAL | The Stochastics value for FRE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.8 | HIGH VOLATILITY | The high ATR as a percentage value for FRE.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 48.49 | POSITIVE | The high ADX value value for FRE.MI suggests a strong trend. |
FRE.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:FRE (2/27/2026, 7:00:00 PM)
0.214
0 (-0.93%)
FRENDY ENERGY SPA / FRE.MI FAQ
What is the technical rating for FRE stock?
ChartMill assigns a technical rating of 1 / 10 to FRE.MI.
What is the trend direction for FRE stock?
The current trend direction for FRENDY ENERGY SPA (FRE.MI) is Bearish.
Can you provide the RSI signal for FRENDY ENERGY SPA?
FRENDY ENERGY SPA (FRE.MI) has an RSI value of 25.0975. This indicates that the stock is currently oversold.
What is the MACD signal for FRENDY ENERGY SPA (FRE.MI) stock?
The MACD indicator for FRENDY ENERGY SPA (FRE.MI) has a value of 0.162266, indicating a bearish trend.
What is the buy/sell signal for FRENDY ENERGY SPA (FRE.MI) stock?
The buy/sell signal for FRENDY ENERGY SPA (FRE.MI) is sell as both the short term and long term trends are negative.