Overall FRPT gets a technical rating of 6 out of 10. FRPT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- 81% of all other stocks performed better in the past year than FRPT.
- FRPT is part of the Food Products industry. There are 87 other stocks in this industry, of which 60% are performing better than FRPT.
- FRPT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- FRPT has an average volume of 1159530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month FRPT has a been trading in the 60.37 - 73.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FRPT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 71.49. Right above this resistance zone may be a good entry point.
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59.53
When analyzing the support we notice one important area.
- A support zone ranging from 60.13 to 60.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 71.49 to 72.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @74.51 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 | NEUTRAL | NEUTRAL | The long term trend for FRPT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FRPT is up. |
| ChartMill Relative Strength | 19.31 | NEGATIVE | FRPT has a low relative strength, it was outperformed by 80.69% 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 | MIXED | The current price of FRPT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.32 | NEUTRAL | The RSI value for FRPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests FRPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.38 | NEUTRAL | The Stochastics value for FRPT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for FRPT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.12 | NEGATIVE | The low ADX value for FRPT suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 72.61 | 65.25 | 7.36 (10.14%) | 9.87% |
| An entry @72.61. This is a Buy Stop order right above the resistance zone. | An exit @65.25. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.36 points, which is 10.14%. | For a 1.00% total portfolio risk, you can invest 9.87% of your capital in this trade. |
- 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.
69.9
+2.53 (+3.76%)
FRESHPET INC / FRPT FAQ
What is the ChartMill technical rating of FRESHPET INC (FRPT) stock?
ChartMill assigns a technical rating of 6 / 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 59.316. 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 positive.
Can you provide the support and resistance levels for FRESHPET INC?
FRESHPET INC (FRPT) has a support level at 60.15 and a resistance level at 71.49. Check the full technical report for our detailed analysis of FRPT support and resistance levels.