FERMI INC (FRMI) Technical Analysis
NASDAQ:FRMI • US3149111086
Current stock price
FRMI Technical Rating and Analysis
Taking everything into account, FRMI scores 0 out of 10 in our technical rating. FRMI'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 part of the Specialized REITs industry. There are 28 other stocks in this industry, of which 100% are performing better than FRMI.
- In the last month FRMI has a been trading in the 4.47 - 8.69 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.
- FRMI has an average volume of 9252550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FRMI Weekly and Daily overview Charts
FRMI Setup Rating and Analysis
The technical rating of FRMI 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
FRMI Support and Resistance Analysis
4.82
We can see 2 important resistance areas.
- A resistance zone ranging from 4.87 to 4.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.18 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 | DOWN | NEGATIVE | The long term trend for FRMI is down. |
| 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) | 30.08 | NEUTRAL | The RSI value for FRMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests FRMI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.23 | OVERSOLD | The low Stochastics value suggests FRMI may be oversold. |
| Average True Range in percent/ATR (20) | 12.73 | HIGH VOLATILITY | The high ATR as a percentage value for FRMI suggests high volalility. |
| Average Directional Index/ADX (14) | 27.33 | POSITIVE | The high ADX value value for FRMI suggests a strong trend. |
FRMI Chart- and CandleStick Pattern Analysis
FRMI Technicals: Chart, Performance Metrics, Trend & Indicators
4.87
+0.05 (+1.04%)
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.
What is the RSI signal for FRMI stock?
FERMI INC (FRMI) has an RSI value of 30.0821. This indicates that the stock is currently neutral.
What is the MACD signal for FRMI stock?
The MACD indicator for FERMI INC (FRMI) has a value of -0.0832052, indicating a bearish trend.
What is the buy/sell signal for FERMI INC (FRMI) stock?
The buy/sell signal for FERMI INC (FRMI) is sell as both the short term and long term trends are negative.