FRESHWORKS INC-CL A (FRSH) Technical Analysis
NASDAQ:FRSH • US3580541049
Current stock price
FRSH Technical Rating and Analysis
Overall FRSH gets a technical rating of 2 out of 10. In the past year, FRSH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 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.
- 92% of all other stocks performed better in the past year than FRSH.
- FRSH is one of the lesser performing stocks in the Software industry. 66% of 272 stocks in the same industry do better.
- FRSH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- FRSH has an average volume of 7486290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month FRSH has a been trading in the 7.51 - 9.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
FRSH Weekly and Daily overview Charts
FRSH Setup Rating and Analysis
FRSH has a poor technical rating and the quality of the setup is also only medium 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
FRSH Support and Resistance Analysis
7.46
We found 2 important support areas.
- A support zone ranging from 7.67 to 7.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.54 from a horizontal line in the daily time frame.
6 important resistance areas can be observed.
- A resistance zone ranging from 8.46 to 8.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.92 from a horizontal line in the daily time frame.
- Resistance @10.73 from a trend line in the weekly time frame.
- Resistance @11.27 from a trend line in the weekly time frame.
- Resistance @12.20 from a trend line in the daily time frame.
- Resistance @13.28 from a horizontal line in the daily time frame.
FRSH Technical Indicator Signal Analysis
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 | 8.66 | NEGATIVE | FRSH has a low relative strength, it was outperformed by 91.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FRSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FRSH is above 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) | 50.71 | NEUTRAL | The RSI value for FRSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests FRSH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.26 | NEUTRAL | The Stochastics value for FRSH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for FRSH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.86 | NEGATIVE | The low ADX value for FRSH suggests a weak or negative trend. |
FRSH Chart- and CandleStick Pattern Analysis
FRSH Technicals: Chart, Performance Metrics, Trend & Indicators
8.34
-0.12 (-1.42%)
FRESHWORKS INC-CL A / FRSH TA FAQ
What is the ChartMill technical rating of FRESHWORKS INC-CL A (FRSH) stock?
ChartMill assigns a technical rating of 2 / 10 to FRSH.
Can you provide the trend direction for FRESHWORKS INC-CL A?
The current trend direction for FRESHWORKS INC-CL A (FRSH) is Bearish.
What is the RSI signal for FRESHWORKS INC-CL A (FRSH) stock?
FRESHWORKS INC-CL A (FRSH) has an RSI value of 50.7072. This indicates that the stock is currently neutral.
What is the MACD signal for FRESHWORKS INC-CL A (FRSH) stock?
The MACD indicator for FRESHWORKS INC-CL A (FRSH) has a value of 0.0413936, indicating a bearish trend.
What is the support and resistance level for FRSH stock?
FRESHWORKS INC-CL A (FRSH) has a support level at 7.77 and a resistance level at 8.46. Check the full technical report for our detailed analysis of FRSH support and resistance levels.