Taking everything into account, FRPT scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. FRPT was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, FRPT does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 64.17. Right above this resistance zone may be a good entry point.
48.76
3 important support areas can be observed.
2 important resistance areas can be observed.
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 | 18.45 | NEGATIVE | FRPT has a low relative strength, it was outperformed by 81.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRPT is above 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) | 59.54 | NEUTRAL | The RSI value for FRPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests FRPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.25 | NEUTRAL | The Stochastics value for FRPT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for FRPT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.85 | NEGATIVE | The low ADX value for FRPT suggests a weak or negative trend. |
64.06
+2.13 (+3.44%)
ChartMill assigns a technical rating of 4 / 10 to FRPT.
The current trend direction for FRESHPET INC (FRPT) is Bearish.
FRESHPET INC (FRPT) has an RSI value of 59.5448. This indicates that the stock is currently neutral.
The short term momentum for FRESHPET INC (FRPT) is neutral.
FRESHPET INC (FRPT) has a support level at 63.98 and a resistance level at 64.17. Check the full technical report for our detailed analysis of FRPT support and resistance levels.