FREYR BATTERY SA -CW27 (FRE.W) Technical Analysis
NYSE:FRE.W
Current stock price
FRE.W Technical Rating and Analysis
Taking everything into account, FRE.W scores 1 out of 10 in our technical rating. FRE.W'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.
- 66% of all other stocks performed better in the past year than FRE.W.
- FRE.W is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRE.W is lagging the market.
- In the last month FRE.W has a been trading in the 0.12 - 0.25 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Considerably lower volume is observed in the last couple of days.
FRE.W Weekly and Daily overview Charts
FRE.W Setup Rating and Analysis
FRE.W has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for FRE.W in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
FRE.W Support and Resistance Analysis
0.10
We found 2 important support areas.
- Support @0.11 from a trend line in the daily time frame.
- Support @0.10 from a trend line in the weekly time frame.
FRE.W 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 | NEUTRAL | NEUTRAL | The long term trend for FRE.W is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRE.W is down. |
| ChartMill Relative Strength | 34.14 | NEUTRAL | FRE.W is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRE.W is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FRE.W is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRE.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.54 | NEUTRAL | The RSI value for FRE.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests FRE.W has a negative trend. |
| Stochastics (14,3) | 21.01 | NEUTRAL | The Stochastics value for FRE.W is a neutral value. |
| Average True Range in percent/ATR (20) | 30.43 | HIGH VOLATILITY | The high ATR as a percentage value for FRE.W suggests high volalility. |
| Average Directional Index/ADX (14) | 16.27 | NEGATIVE | The low ADX value for FRE.W suggests a weak or negative trend. |
FRE.W Chart- and CandleStick Pattern Analysis
FRE.W Technicals: Chart, Performance Metrics, Trend & Indicators
0.13
-0.02 (-15.64%)
FREYR BATTERY SA -CW27 / FRE.W TA FAQ
Can you provide the ChartMill technical rating for FREYR BATTERY SA -CW27?
ChartMill assigns a technical rating of 1 / 10 to FRE.W.
Can you provide the trend direction for FREYR BATTERY SA -CW27?
The current trend direction for FREYR BATTERY SA -CW27 (FRE.W) is Bearish.
What is the RSI signal for FREYR BATTERY SA -CW27 (FRE.W) stock?
FREYR BATTERY SA -CW27 (FRE.W) has an RSI value of 39.5433. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FREYR BATTERY SA -CW27?
The MACD indicator for FREYR BATTERY SA -CW27 (FRE.W) has a value of -0.00390828, indicating a bearish trend.
What is the short term momentum for FREYR BATTERY SA -CW27 (FRE.W) stock?
The short term momentum for FREYR BATTERY SA -CW27 (FRE.W) is negative.