FRESHWORKS INC-CL A (FRSH) Stock Technical Analysis
USA - NASDAQ:FRSH - US3580541049 - Common Stock
Overall FRSH gets a technical rating of 0 out of 10. FRSH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, FRSH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.34, a Stop Loss order could be placed below this zone.
More info and screens
10.76
2 important support areas can be observed.
- A support zone ranging from 11.21 to 11.34. 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 10.87 to 10.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 11.40 to 11.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 12.34 to 12.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.03 from a trend line in the weekly time frame.
- Resistance @18.44 from a horizontal line in the weekly 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 FRSH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRSH is down. |
| ChartMill Relative Strength | 18.08 | NEGATIVE | FRSH has a low relative strength, it was outperformed by 81.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of FRSH is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRSH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRSH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.24 | NEUTRAL | The RSI value for FRSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests FRSH has a positive trend. |
| Stochastics (14,3) | 71.42 | NEUTRAL | The Stochastics value for FRSH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for FRSH suggests some volalility. |
| Average Directional Index/ADX (14) | 20.29 | NEUTRAL | The ADX value for FRSH suggests a possible start of a new trend. |
11.39
-0.03 (-0.26%)
FRESHWORKS INC-CL A / FRSH FAQ
What is the ChartMill technical rating of FRESHWORKS INC-CL A (FRSH) stock?
ChartMill assigns a technical rating of 0 / 10 to FRSH.
What is the current trend direction of FRESHWORKS INC-CL A (FRSH) stock?
The current trend direction for FRESHWORKS INC-CL A (FRSH) is Bearish.
What is the RSI signal for FRSH stock?
FRESHWORKS INC-CL A (FRSH) has an RSI value of 43.2445. This indicates that the stock is currently neutral.
What is the buy/sell signal for FRESHWORKS INC-CL A (FRSH) stock?
The buy/sell signal for FRESHWORKS INC-CL A (FRSH) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for FRESHWORKS INC-CL A (FRSH) stock?
FRESHWORKS INC-CL A (FRSH) has a support level at 11.34 and a resistance level at 11.4. Check the full technical report for our detailed analysis of FRSH support and resistance levels.