FRENDY ENERGY SPA (FRE.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:FRE - IT0004819857 - Common Stock
We assign a technical rating of 1 out of 10 to FRE. 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.
The technical rating of FRE is bad and it also does not present a quality setup 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
0.19
2 important support areas can be observed.
- Support @0.21 from a trend line in the daily 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 can see 3 important resistance 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.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines 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) | 25.14 | OVERSOLD | The low RSI value suggests FRE.MI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests FRE.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.86 | NEUTRAL | The Stochastics value for FRE.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.94 | HIGH VOLATILITY | The high ATR as a percentage value for FRE.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 49.08 | POSITIVE | The high ADX value value for FRE.MI suggests a strong trend. |
BIT:FRE (12/1/2025, 7:00:00 PM)
0.216
-0.01 (-2.7%)
FRENDY ENERGY SPA / FRE.MI FAQ
What is the ChartMill technical rating of FRENDY ENERGY SPA (FRE.MI) stock?
ChartMill assigns a technical rating of 1 / 10 to FRE.MI.
What is the current trend direction of FRENDY ENERGY SPA (FRE.MI) 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 25.1403. This indicates that the stock is currently oversold.
What is the short term momentum for FRE stock?
The short term momentum for FRENDY ENERGY SPA (FRE.MI) is negative.
What is the buy/sell signal for FRE stock?
The buy/sell signal for FRENDY ENERGY SPA (FRE.MI) is sell as both the short term and long term trends are negative.