FREELINE THERAPEUTICS HOLDIN (FRLN)

US35655L2060 - ADR

6.48  0 (0%)

After market: 6.48 0 (0%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to FRLN. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FRLN is only an average performer.

Warning: FRLN has an average volume of 18472 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, FRLN outperforms 46% of them, which is more or less in line with the market.
FRLN is an average performer in the Biotechnology industry, it outperforms 62% of 588 stocks in the same industry.
FRLN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRLN is lagging the market slightly.
In the last month FRLN has a been trading in a tight range between 6.36 and 6.49.

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Weekly and Daily overview Charts
FRLN Weekly chart
FRLN Daily chart
Setup Rating and Analysis

8

FRLN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FRLN in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

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Support and Resistance Analysis

3.51

6.83

We found 2 important support areas.

  • A support zone ranging from 6.32 to 6.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 3.55 to 3.55. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @6.48 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 6.76 to 6.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.8
Mansfield1.45
10 Day High6.49
10 Day Low6.39
20 Day High6.49
20 Day Low6.36
52 Week High8.7
52 Week Low2.11
Performance
1 Week0.78%
2 Weeks0.78%
1 Month1.25%
3 Month29.08%
6 Month47.27%
12 Month-23.58%
2 Year-59.25%
3 Year-97.1%
5 YearN/A
10 YearN/A
15 YearN/A

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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)

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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)
Technical Indicators
MACD(12,26,9)0
RSI(14)61.01
LBB6.4
UBB6.5

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Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
6.496.380.11 (1.69%)25.00%
An entry @6.49. This is a Buy Stop order right above the resistance zone.An exit @6.38. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.11 points, which is 1.69%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.

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FRLN Daily chart

FREELINE THERAPEUTICS HOLDIN

NASDAQ:FRLN (2/16/2024, 7:00:24 PM)

After market: 6.48 0 (0%)

6.48

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week0.78%
2 Weeks0.78%
1 Month1.25%
3 Month29.08%
6 Month47.27%
12 Month-23.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.56%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.49
10 Day Low6.39
20 Day High6.49
20 Day Low6.36
52 Week High8.7
52 Week Low2.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.60K
Volume Incr304.06%
Vol(5)21.88K
Vol(50)18.47K