FRESH2 GROUP LIMITED (FRES) Stock Technical Analysis
NASDAQ:FRES - Nasdaq - US03635R3057 - ADR - Currency: USD
Overall FRES gets a technical rating of 0 out of 10. FRES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, FRES is a bad performer in the overall market: 99% of all stocks are doing better.
FRES is one of the lesser performing stocks in the Biotechnology industry. 87% of 558 stocks in the same industry do better.
FRES is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month FRES has a been trading in the 0.73 - 1.51 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: FRES has an average volume of 24369 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of FRES is bad and it also does not present a quality setup 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
0.84
2.01
We can see 3 important resistance areas.
- A resistance zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.27 from a trend line in the daily time frame.
- Resistance @1.99 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 FRES is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRES is neutral. |
| ChartMill Relative Strength | 1.64 | NEGATIVE | FRES has a low relative strength, it was outperformed by 98.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRES is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRES is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRES is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.73 | NEUTRAL | The RSI value for FRES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FRES has a negative trend. |
| Stochastics (14,3) | 22.63 | NEUTRAL | The Stochastics value for FRES is a neutral value. |
| Average True Range in percent/ATR (20) | 29.55 | HIGH VOLATILITY | The high ATR as a percentage value for FRES suggests high volalility. |
| Average Directional Index/ADX (14) | 15.08 | NEGATIVE | The low ADX value for FRES 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)
0.85
-0.27 (-24.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-24.11%
1 Week-38.41%
2 Weeks-37.5%
1 Month-35.11%
3 Month-37.5%
6 Month-74.44%
12 Month-90.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%29.55%
ATR Inc71.27%
Range Today0.74
ADR(20)0.24
ADR(20)%28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.64
Mansfield-7.54
10 Day High1.49
10 Day Low0.73
20 Day High1.51
20 Day Low0.73
52 Week High9
52 Week Low0.73
CS1 EndN/A
CR1 Start1.19
Volume & EV
DER(3)-1.74%
DER(5)4.62%
Volume285.00K
Volume Incr421.26%
Vol(5)72.48K
Vol(50)24.37K