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FREQUENCY THERAPEUTICS INC (FREQ) Stock Technical Analysis

USA - NASDAQ:FREQ - US35803L1089 - Common Stock

0.2996 USD
+0.02 (+5.94%)
Last: 11/3/2023, 8:00:00 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FREQ. FREQ'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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, FREQ is a bad performer in the overall market: 98% of all stocks are doing better.
FREQ is one of the lesser performing stocks in the Biotechnology industry. 85% of 533 stocks in the same industry do better.
FREQ is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so FREQ is lagging the market.
In the last month FREQ has a been trading in the 0.18 - 0.35 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
FREQUENCY THERAPEUTICS INC / FREQ Weekly stock chart
FREQUENCY THERAPEUTICS INC / FREQ Daily stock chart
Setup Rating and Analysis

5

FREQ has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

0.30

0.75

When analyzing the resistance we notice one important area.

  • Resistance @0.74 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for FREQ is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for FREQ is neutral.
ChartMill Relative Strength2.84NEGATIVEFREQ has a low relative strength, it was outperformed by 97.16% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of FREQ is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of FREQ is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of FREQ is below a declining SMA(200).
Relative Strength Index/RSI (14)51.7NEUTRALThe RSI value for FREQ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests FREQ has a positive trend.
Stochastics (14,3)62.27NEUTRALThe Stochastics value for FREQ is a neutral value.
Average True Range in percent/ATR (20)15.03HIGH VOLATILITYThe high ATR as a percentage value for FREQ suggests high volalility.
Average Directional Index/ADX (14)31.58POSITIVEThe high ADX value value for FREQ suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
FREQUENCY THERAPEUTICS INC / FREQ Daily stock chart

FREQUENCY THERAPEUTICS INC

NASDAQ:FREQ (11/3/2023, 8:00:00 PM)

0.2996

+0.02 (+5.94%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.94%
1 Week29.14%
2 Weeks19.74%
1 Month-0.1%
3 Month-58.68%
6 Month-24.59%
12 Month-87.52%
2 Year-94.13%
3 Year-98.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%15.03%
ATR Inc19.15%
Range Today0.04
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.84
3 months CRSN/A
6 months CRSN/A
Mansfield-7.67
10 Day High0.32
10 Day Low0.18
20 Day High0.35
20 Day Low0.18
52 Week High5.59
52 Week Low0.18
CS1 EndN/A
CR1 Start0.74
Volume & EV
DER(3)5.3%
DER(5)-4.54%
Volume309.10K
Volume Incr97.97%
Vol(5)261.28K
Vol(50)131.59K

FREQUENCY THERAPEUTICS INC / FREQ FAQ

What is the ChartMill technical rating of FREQUENCY THERAPEUTICS INC (FREQ) stock?

ChartMill assigns a technical rating of 0 / 10 to FREQ.


Can you provide the trend direction for FREQUENCY THERAPEUTICS INC?

The current trend direction for FREQUENCY THERAPEUTICS INC (FREQ) is Bearish.


What is the RSI signal for FREQUENCY THERAPEUTICS INC (FREQ) stock?

FREQUENCY THERAPEUTICS INC (FREQ) has an RSI value of 51.6993. This indicates that the stock is currently neutral.


What is the short term momentum for FREQ stock?

The short term momentum for FREQUENCY THERAPEUTICS INC (FREQ) is neutral.


What are the support and resistance levels for FREQUENCY THERAPEUTICS INC (FREQ) stock?

FREQUENCY THERAPEUTICS INC (FREQ) has a resistance level at 0.74. Check the full technical report for our detailed analysis of FREQ support and resistance levels.