Taking everything into account, FRPT scores 3 out of 10 in our technical rating. In the past year, FRPT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
FRPT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 60.92, a Stop Loss order could be placed below this zone.
More info and screens
48.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 59.27 to 60.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.25 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 63.28 to 64.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @65.63 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 | DOWN | NEGATIVE | The long term trend for FRPT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for FRPT is neutral. |
| ChartMill Relative Strength | 15.9 | NEGATIVE | FRPT has a low relative strength, it was outperformed by 84.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of FRPT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRPT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.78 | NEUTRAL | The RSI value for FRPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.67 | NEGATIVE | The MACD value suggests FRPT has a negative trend. |
| Stochastics (14,3) | 17.13 | OVERSOLD | The low Stochastics value suggests FRPT may be oversold. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for FRPT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.28 | NEUTRAL | The ADX value for FRPT suggests a possible start of a new trend. |
60.93
+0.8 (+1.33%)
FRESHPET INC / FRPT FAQ
What is the ChartMill technical rating of FRESHPET INC (FRPT) stock?
ChartMill assigns a technical rating of 3 / 10 to FRPT.
What is the trend direction for FRPT stock?
The current trend direction for FRESHPET INC (FRPT) is Bearish.
What is the RSI signal for FRESHPET INC (FRPT) stock?
FRESHPET INC (FRPT) has an RSI value of 48.7839. This indicates that the stock is currently neutral.
Can you provide the short term momentum for FRESHPET INC?
The short term momentum for FRESHPET INC (FRPT) is neutral.
Can you provide the support and resistance levels for FRESHPET INC?
FRESHPET INC (FRPT) has a support level at 60.92 and a resistance level at 63.28. Check the full technical report for our detailed analysis of FRPT support and resistance levels.