FRESHWORKS INC-CL A (FRSH)

US3580541049 - Common Stock

20.49  -0.2 (-0.97%)

Technical Rating and Analysis

2

Overall FRSH gets a technical rating of 2 out of 10. Although FRSH is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month FRSH has a been trading in the 20.17 - 23.30 range, which is quite wide. It is currently trading near the lows of this range.
FRSH has an average volume of 2614050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that FRSH is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
FRSH is an average performer in the Software industry, it outperforms 63% of 278 stocks in the same industry.
FRSH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FRSH is lagging the market.
Weekly and Daily overview Charts
FRSH Weekly chart
FRSH Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, FRSH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.68, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.61

23.83

When analyzing the support we can see 5 important areas.

  • Support @19.69 from a trend line in the weekly time frame.
  • Support @18.56 from a trend line in the daily time frame.
  • Support @17.87 from a trend line in the daily time frame.
  • Support @16.81 from a horizontal line in the daily time frame.
  • Support @14.76 from a trend line in the weekly time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 20.68 to 20.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 21.27 to 21.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 22.32 to 22.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 23.29 to 23.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.88
Mansfield-0.04
10 Day High22.78
10 Day Low20.17
20 Day High23.3
20 Day Low20.17
52 Week High24.98
52 Week Low12.22
Performance
1 Week-4.7%
2 Weeks-7.34%
1 Month-2.59%
3 Month11.48%
6 Month-3.54%
12 Month31.28%
2 Year12.94%
3 YearN/A
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)-0.16
RSI(14)40.74
LBB20.21
UBB23.09
FRSH Daily chart

FRESHWORKS INC-CL A

NASDAQ:FRSH (2/20/2024, 11:25:41 AM)

20.49

-0.2 (-0.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.97%
1 Week-4.7%
2 Weeks-7.34%
1 Month-2.59%
3 Month11.48%
6 Month-3.54%
12 Month31.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.99
ATR(20)%4.81%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.78
10 Day Low20.17
20 Day High23.3
20 Day Low20.17
52 Week High24.98
52 Week Low12.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume669.55K
Volume Incr-14.78%
Vol(5)2.54M
Vol(50)2.61M