Taking everything into account, FRSH scores 1 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 85% of all other stocks performed better in the past year than FRSH.
- FRSH is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month FRSH has a been trading in the 10.94 - 12.92 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- FRSH has an average volume of 3963540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- FRSH is part of the Software industry. There are 277 other stocks in this industry, FRSH did better than 53% of them.
The technical rating of FRSH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.73
When analyzing the support we notice one important area.
- A support zone ranging from 10.84 to 10.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 11.94 to 12.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.54 from a trend line in the weekly time frame.
- Resistance @12.95 from a trend line in the daily time frame.
- Resistance @13.28 from a horizontal line in the daily 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 | 15.73 | NEGATIVE | FRSH has a low relative strength, it was outperformed by 84.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRSH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of FRSH is below the rising 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) | 33.81 | NEUTRAL | The RSI value for FRSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FRSH has a negative trend. |
| Stochastics (14,3) | 6.92 | OVERSOLD | The low Stochastics value suggests FRSH may be oversold. |
| 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) | 19.4 | NEGATIVE | The low ADX value for FRSH suggests a weak or negative trend. |
11.09
-0.25 (-2.2%)
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 1 / 10 to FRSH.
What is the trend direction for 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 33.8096. This indicates that the stock is currently neutral.
What is the MACD signal for FRSH stock?
The MACD indicator for FRESHWORKS INC-CL A (FRSH) has a value of -0.10734, indicating a bearish trend.
Can you provide the short term momentum for FRESHWORKS INC-CL A?
The short term momentum for FRESHWORKS INC-CL A (FRSH) is negative.