FREQUENCY THERAPEUTICS INC (FREQ) Stock Technical Analysis
NASDAQ:FREQ - Nasdaq - US35803L1089 - Common Stock - Currency: USD
Taking everything into account, FREQ scores 0 out of 10 in our technical rating. 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.
98% of all other stocks performed better in the past year than FREQ.
FREQ is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 82% are performing better than FREQ.
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.
FREQ has a poor technical rating and the quality of the setup is also not perfect 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
0.30
0.75
We found 1 important resistance area.
- Resistance @0.74 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for FREQ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FREQ is neutral. |
| ChartMill Relative Strength | 2.84 | NEGATIVE | FREQ has a low relative strength, it was outperformed by 97.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FREQ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FREQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FREQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.7 | NEUTRAL | The RSI value for FREQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FREQ has a positive trend. |
| Stochastics (14,3) | 62.27 | NEUTRAL | The Stochastics value for FREQ is a neutral value. |
| Average True Range in percent/ATR (20) | 15.03 | HIGH VOLATILITY | The high ATR as a percentage value for FREQ suggests high volalility. |
| Average Directional Index/ADX (14) | 31.58 | POSITIVE | The high ADX value value for FREQ suggests a strong 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)
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
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