FRESHWORKS INC-CL A (FRSH) Stock Technical Analysis
NASDAQ:FRSH - Nasdaq - US3580541049 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to FRSH. FRSH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
67% of all other stocks performed better in the past year than FRSH.
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.
In the last month FRSH has a been trading in the 11.37 - 15.12 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
FRSH has an average volume of 3409800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
FRSH is an average performer in the Software industry, it outperforms 55% of 281 stocks in the same industry.
FRSH is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of FRSH is bad and it also does not present a 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
11.96
18.62
When analyzing the support we can see 2 important areas.
- Support @12.45 from a trend line in the weekly time frame.
- A support zone ranging from 12.08 to 12.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.49 to 14.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.38 from a trend line in the weekly time frame.
- Resistance @18.44 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.42
Mansfield0.51
10 Day High15.12
10 Day Low11.83
20 Day High15.12
20 Day Low11.37
52 Week High19.77
52 Week Low10.81
Performance
1 Week6.16%
2 Weeks15.47%
1 Month-0.75%
3 Month-22.15%
6 Month20.17%
12 Month3.21%
2 Year-8.12%
3 Year-8.12%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.35
RSI(14)56.36
LBB11.47
UBB15.05
14.48
-0.29 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.96%
1 Week6.16%
2 Weeks15.47%
1 Month-0.75%
3 Month-22.15%
6 Month20.17%
12 Month3.21%
2 Year-8.12%
3 Year-8.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%5.92%
ATR Inc76.39%
Range Today0.77
ADR(20)0.76
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.42
Mansfield0.51
10 Day High15.12
10 Day Low11.83
20 Day High15.12
20 Day Low11.37
52 Week High19.77
52 Week Low10.81
CS1 End12.45
CR1 Start14.49
Volume & EV
DER(3)-1.32%
DER(5)-0.43%
Volume3.76M
Volume Incr56.31%
Vol(5)5.36M
Vol(50)3.41M