FREYR BATTERY SA -CW27 (FRE.W) Stock Technical Analysis
USA - NYSE:FRE.W -
0.13
-0.02 (-15.64%)
0.1841
+0.05 (+41.62%)
Overall FRE.W gets a technical rating of 1 out of 10. FRE.W scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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 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
0.10
0.13
2 important support areas can be observed.
- Support @0.11 from a trend line in the daily time frame.
- Support @0.10 from a trend line in the weekly 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 | 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. |
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)
0.13
-0.02 (-15.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-15.64%
1 Week-13.33%
2 Weeks-23.53%
1 Month-35.23%
3 Month13.14%
6 Month30%
12 Month-25.67%
2 Year-95.72%
3 Year-95.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%30.43%
ATR Inc-49.91%
Range Today0
ADR(20)0.04
ADR(20)%28.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.14
Mansfield-2.3
10 Day High0.23
10 Day Low0.12
20 Day High0.25
20 Day Low0.12
52 Week High0.49
52 Week Low0.04
CS1 End0.11
CR1 StartN/A
Volume & EV
DER(3)3.33%
DER(5)-6.28%
Volume1.30K
Volume Incr-86.78%
Vol(5)3.70K
Vol(50)46.38K