ACT II GLOBAL ACQUISITI-CW25 (FREEW) Stock Technical Analysis
USA - NASDAQ:FREEW -
We assign a technical rating of 5 out of 10 to FREEW. In the past year, FREEW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
FREEW has an average technical rating and also the quality of the setup is only medium 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
0.04
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.04 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for FREEW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FREEW is up. |
| ChartMill Relative Strength | 16.41 | NEGATIVE | FREEW has a low relative strength, it was outperformed by 83.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FREEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FREEW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FREEW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.19 | NEUTRAL | The RSI value for FREEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests FREEW has a positive trend. |
| Stochastics (14,3) | 94 | OVERBOUGHT | The high Stochastics value suggests FREEW may be overbought. |
| Average True Range in percent/ATR (20) | 15.73 | HIGH VOLATILITY | The high ATR as a percentage value for FREEW suggests high volalility. |
| Average Directional Index/ADX (14) | 10.01 | NEGATIVE | The low ADX value for FREEW suggests a weak or negative trend. |
NASDAQ:FREEW (8/2/2024, 8:06:44 PM)
0.0653
+0 (+3.82%)
ACT II GLOBAL ACQUISITI-CW25 / FREEW FAQ
What is the technical rating for FREEW stock?
ChartMill assigns a technical rating of 5 / 10 to FREEW.
Can you provide the trend direction for ACT II GLOBAL ACQUISITI-CW25?
The current trend direction for ACT II GLOBAL ACQUISITI-CW25 (FREEW) is Bearish.
What is the RSI signal for FREEW stock?
ACT II GLOBAL ACQUISITI-CW25 (FREEW) has an RSI value of 56.1913. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ACT II GLOBAL ACQUISITI-CW25?
The MACD indicator for ACT II GLOBAL ACQUISITI-CW25 (FREEW) has a value of 0.00220313, indicating a bearish trend.
What are the support and resistance levels for ACT II GLOBAL ACQUISITI-CW25 (FREEW) stock?
ACT II GLOBAL ACQUISITI-CW25 (FREEW) has a support level at 0.05. Check the full technical report for our detailed analysis of FREEW support and resistance levels.