FRESHPET INC (FRPT) Stock Technical Analysis
NASDAQ:FRPT - Nasdaq - US3580391056 - Common Stock - Currency: USD
Overall FRPT gets a technical rating of 2 out of 10. 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.
When comparing the yearly performance of all stocks, FRPT is a bad performer in the overall market: 84% of all stocks are doing better.
FRPT is part of the Food Products industry. There are 90 other stocks in this industry, of which 71% are performing better than FRPT.
FRPT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRPT is lagging the market.
FRPT has an average volume of 1454460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month FRPT has a been trading in the 71.19 - 89.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FRPT has a poor technical rating and the quality of the setup is also only medium 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
71.62
91.46
When analyzing the support we can see 3 important areas.
- A support zone ranging from 80.61 to 81.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 74.65 to 75.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @72.34 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 86.76 to 87.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 89.32 to 90.55. 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 | DOWN | NEGATIVE | The long term trend for FRPT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRPT is up. |
| ChartMill Relative Strength | 16.25 | NEGATIVE | FRPT has a low relative strength, it was outperformed by 83.75% 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) | DOWN | MIXED | The current price of FRPT is above a declining 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) | 54.41 | NEUTRAL | The RSI value for FRPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.98 | POSITIVE | The MACD value suggests FRPT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.95 | NEUTRAL | The Stochastics value for FRPT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for FRPT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.79 | NEUTRAL | The ADX value for FRPT 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)
84.5
-0.39 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.46%
1 Week-3.59%
2 Weeks5.01%
1 Month13.19%
3 Month-15.74%
6 Month-46.1%
12 Month-35.34%
2 Year41.4%
3 Year17.41%
5 Year9.48%
10 Year325.91%
15 YearN/A
Volatility
ATR(14)3.5
ATR(20)%4.21%
ATR Inc-56.15%
Range Today1.97
ADR(20)3.42
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.25
Mansfield-3.33
10 Day High89.8
10 Day Low76.04
20 Day High89.8
20 Day Low71.19
52 Week High164.07
52 Week Low71.19
CS1 End81.9
CR1 Start86.76
Volume & EV
DER(3)-0.79%
DER(5)1.41%
Volume924.20K
Volume Incr-8.11%
Vol(5)1.22M
Vol(50)1.45M