FRESHWORKS INC-CL A (FRSH) Stock Technical Analysis
NASDAQ:FRSH - US3580541049 - Common Stock
13.97 USD
+0.77 (+5.83%)
14 USD
+0.03 (+0.21%)
Taking everything into account, FRSH scores 1 out of 10 in our technical rating. FRSH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
FRSH has an average volume of 4540970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, FRSH turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
FRSH is part of the Software industry. There are 282 other stocks in this industry, FRSH did better than 61% of them.
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.
In the last month FRSH has a been trading in the 12.29 - 14.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
11.94
18.62
2 important support areas can be observed.
- Support @12.28 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.06 to 12.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 13.99 to 14.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.45 from a trend line in the daily time frame.
- A resistance zone ranging from 15.70 to 15.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for FRSH is neutral. |
| ChartMill Relative Strength | 53.36 | NEUTRAL | FRSH is not amongst the best or worst performers 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) | UP | MIXED | The current price of FRSH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.88 | NEUTRAL | The RSI value for FRSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests FRSH has a positive trend. |
| Stochastics (14,3) | 74.67 | NEUTRAL | The Stochastics value for FRSH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for FRSH suggests some volalility. |
| Average Directional Index/ADX (14) | 16.95 | NEGATIVE | The low ADX value for FRSH suggests a weak or negative trend. |
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)
13.97
+0.77 (+5.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg5.83%
1 Week6.8%
2 Weeks10.61%
1 Month-1.55%
3 Month-3.12%
6 Month-19.3%
12 Month16.9%
2 Year-36.12%
3 Year2.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%4.03%
ATR Inc24.74%
Range Today0.86
ADR(20)0.53
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.36
Mansfield-1.24
10 Day High14.06
10 Day Low12.29
20 Day High14.37
20 Day Low12.29
52 Week High19.77
52 Week Low10.81
CS1 End12.28
CR1 Start13.99
Volume & EV
DER(3)-6.27%
DER(5)-5.54%
Volume6.07M
Volume Incr-31.46%
Vol(5)4.21M
Vol(50)4.54M