JFROG LTD (FROG) Stock Technical Analysis
NASDAQ:FROG - Nasdaq - IL0011684185 - Common Stock - Currency: USD
Taking everything into account, FROG scores 6 out of 10 in our technical rating. In the last year, FROG was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month FROG has a been trading in the 39.65 - 44.94 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
FROG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FROG is lagging the market slightly.
FROG has an average volume of 1152500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that FROG is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
FROG is an average performer in the Software industry, it outperforms 62% of 282 stocks in the same industry.
Although the technical rating is only medium, FROG does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 39.82, a Stop Loss order could be placed below this zone.
More info and screens
26.95
45.01
5 important support areas can be observed.
- A support zone ranging from 39.82 to 39.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.15 from a horizontal line in the daily time frame.
- Support @30.49 from a trend line in the weekly time frame.
- Support @29.56 from a horizontal line in the weekly time frame.
- Support @27.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 43.91 to 44.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for FROG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FROG is neutral. |
| ChartMill Relative Strength | 76.85 | POSITIVE | FROG has a high relative strength, it outperformed 76.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FROG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FROG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FROG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.32 | NEUTRAL | The RSI value for FROG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests FROG has a negative trend. |
| Stochastics (14,3) | 21.98 | NEUTRAL | The Stochastics value for FROG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.52 | MEDIUM VOLATILITY | The ATR as a percentage value for FROG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.42 | NEUTRAL | The ADX value for FROG suggests a possible start of a new 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 42.04 | 39.81 | 2.23 (5.31%) | 18.84% |
| An entry @42.04. This is a Buy Stop order right above the 10 day moving average. | An exit @39.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.23 points, which is 5.31%. | For a 1.00% total portfolio risk, you can invest 18.84% of your capital in this trade. |
- 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.
39.83
-0.73 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.8%
1 Week-5.17%
2 Weeks-8.18%
1 Month-5.08%
3 Month28.44%
6 Month24.74%
12 Month9.97%
2 Year29.44%
3 Year79.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.43
ATR(20)%3.52%
ATR Inc7.02%
Range Today1.08
ADR(20)1.36
ADR(20)%3.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.85
Mansfield0.94
10 Day High44.94
10 Day Low39.7
20 Day High44.94
20 Day Low39.65
52 Week High45.1
52 Week Low22.91
CS1 End39.82
CR1 Start43.91
Volume & EV
DER(3)-1.25%
DER(5)-0.46%
Volume878.70K
Volume Incr-18.38%
Vol(5)812.12K
Vol(50)1.15M