FERMI INC (FRMI) Technical Analysis
NASDAQ:FRMI • US3149111086
Current stock price
FRMI Technical Rating and Analysis
Overall FRMI gets a technical rating of 0 out of 10. FRMI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, FRMI is a bad performer in the overall market: 100% of all stocks are doing better.
- FRMI is one of the lesser performing stocks in the Specialized REITs industry. 96% of 28 stocks in the same industry do better.
- In the last month FRMI has a been trading in the 7.61 - 12.05 range, which is quite wide. It is currently trading near the lows of this range.
- FRMI has an average volume of 7079470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
FRMI Weekly and Daily overview Charts
FRMI Setup Rating and Analysis
FRMI has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
FRMI Support and Resistance Analysis
7.88
3 important resistance areas can be observed.
- A resistance zone ranging from 8.59 to 8.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.11 to 9.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @10.78 from a trend line in the daily time frame.
FRMI 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FRMI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRMI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | FRMI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRMI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.7 | NEUTRAL | The RSI value for FRMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests FRMI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.4 | OVERSOLD | The low Stochastics value suggests FRMI may be oversold. |
| Average True Range in percent/ATR (20) | 11.86 | HIGH VOLATILITY | The high ATR as a percentage value for FRMI suggests high volalility. |
| Average Directional Index/ADX (14) | 13.21 | NEGATIVE | The low ADX value for FRMI suggests a weak or negative trend. |
FRMI Chart- and CandleStick Pattern Analysis
FRMI Technicals: Chart, Performance Metrics, Trend & Indicators
7.96
-0.14 (-1.73%)
FERMI INC / FRMI TA FAQ
What is the ChartMill technical rating of FERMI INC (FRMI) stock?
ChartMill assigns a technical rating of 0 / 10 to FRMI.
Can you provide the trend direction for FERMI INC?
The current trend direction for FERMI INC (FRMI) is Bearish.
Can you provide the RSI signal for FERMI INC?
FERMI INC (FRMI) has an RSI value of 41.702. This indicates that the stock is currently neutral.
What are the support and resistance levels for FERMI INC (FRMI) stock?
FERMI INC (FRMI) has a resistance level at 8.59. Check the full technical report for our detailed analysis of FRMI support and resistance levels.