JFROG LTD (FROG) Stock Technical Analysis
NASDAQ:FROG - Nasdaq - IL0011684185 - Common Stock - Currency: USD
Taking everything into account, FROG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FROG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, FROG did better than 89% of all other stocks.
FROG is part of the Software industry. There are 283 other stocks in this industry. FROG outperforms 75% of them.
FROG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so FROG is leading the market.
In the last month FROG has a been trading in the 33.74 - 45.10 range, which is quite wide. It is currently trading near the high of this range.
FROG has an average volume of 1097580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
FROG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 42.83, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
26.95
45.01
We found 5 important support areas.
- A support zone ranging from 41.85 to 42.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.15 from a horizontal line in the daily time frame.
- A support zone ranging from 29.56 to 29.99. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @28.48 from a trend line in the daily time frame.
- Support @27.22 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 43.03 to 43.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @44.56 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 | UP | POSITIVE | The long term trend for FROG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FROG is up. |
| ChartMill Relative Strength | 89.97 | POSITIVE | FROG has a high relative strength, it outperformed 89.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FROG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FROG is above 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) | 63.28 | NEUTRAL | The RSI value for FROG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests FROG has a negative trend. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for FROG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for FROG suggests some volalility. |
| Average Directional Index/ADX (14) | 38.71 | POSITIVE | The high ADX value value for FROG suggests a strong 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 |
|---|---|---|---|
| 43.13 | 41.84 | 1.29 (2.99%) | 25.00% |
| An entry @43.13. This is a Buy Stop order right above the resistance zone. | An exit @41.84. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.29 points, which is 2.99%. | For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FROG. Please evaluate whether better entry and exit points can be found.
- 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.
42.84
-0.59 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.36%
1 Week0.28%
2 Weeks-1.63%
1 Month24.57%
3 Month24.28%
6 Month37.18%
12 Month31.9%
2 Year54.66%
3 Year103.32%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%3.97%
ATR Inc94.4%
Range Today2.31
ADR(20)1.61
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.97
Mansfield2.37
10 Day High45.1
10 Day Low41.63
20 Day High45.1
20 Day Low33.74
52 Week High45.1
52 Week Low22.91
CS1 End42.83
CR1 Start43.03
Volume & EV
DER(3)2.29%
DER(5)1.32%
Volume1.94M
Volume Incr33.46%
Vol(5)1.68M
Vol(50)1.10M