We assign a technical rating of 6 out of 10 to FROG. FROG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month FROG has a been trading in the 53.38 - 68.38 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.
- Looking at the yearly performance, FROG did better than 88% of all other stocks. On top of that, FROG also shows a nice and consistent pattern of rising prices.
- FROG is one of the better performing stocks in the Software industry, it outperforms 91% of 277 stocks in the same industry.
- FROG has an average volume of 2042720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- FROG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FROG is lagging the market.
FROG has an average technical rating and it also does not offer a high 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
32.38
3 important support areas can be observed.
- A support zone ranging from 52.47 to 53.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @50.07 from a horizontal line in the daily time frame.
- Support @32.71 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 58.01 to 58.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for FROG is down. |
| ChartMill Relative Strength | 88.75 | POSITIVE | FROG has a high relative strength, it outperformed 88.75% 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) | 34.55 | NEUTRAL | The RSI value for FROG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.84 | NEGATIVE | The MACD value suggests FROG has a negative trend. |
| Stochastics (14,3) | 13.76 | OVERSOLD | The low Stochastics value suggests FROG may be oversold. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for FROG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.6 | POSITIVE | The high ADX value value for FROG suggests a strong trend. |
54.15
-1.75 (-3.13%)
JFROG LTD / FROG FAQ
Can you provide the ChartMill technical rating for JFROG LTD?
ChartMill assigns a technical rating of 6 / 10 to FROG.
What is the trend direction for FROG stock?
The current trend direction for JFROG LTD (FROG) is Bullish.
What is the RSI signal for JFROG LTD (FROG) stock?
JFROG LTD (FROG) has an RSI value of 34.5497. This indicates that the stock is currently neutral.
What is the MACD signal for FROG stock?
The MACD indicator for JFROG LTD (FROG) has a value of -0.842748, indicating a bearish trend.
What is the short term momentum for FROG stock?
The short term momentum for JFROG LTD (FROG) is negative.