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 0 out of 10. FRSH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 90% of all other stocks performed better in the past year than FRSH.
- FRSH is part of the Software industry. There are 275 other stocks in this industry, of which 63% are performing better than FRSH.
- FRSH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FRSH is lagging the market.
- FRSH has an average volume of 6424530 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 7.78 - 8.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
FRSH Weekly and Daily overview Charts
FRSH Setup Rating and Analysis
FRSH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.09, a Stop Loss order could be placed below this zone.
More info and screens
FRSH Support and Resistance Analysis
7.78
We found 2 important support areas.
- A support zone ranging from 8.04 to 8.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 8.33 to 8.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.89 from a trend line in the daily time frame.
- Resistance @11.21 from a trend line in the weekly time frame.
- Resistance @11.64 from a trend line in the weekly time frame.
- Resistance @12.07 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 | 10.11 | NEGATIVE | FRSH has a low relative strength, it was outperformed by 89.89% 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) | 52.93 | NEUTRAL | The RSI value for FRSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests FRSH has a positive trend. |
| Stochastics (14,3) | 61.02 | NEUTRAL | The Stochastics value for FRSH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for FRSH suggests some volalility. |
| Average Directional Index/ADX (14) | 13.61 | 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
8.32
+0.25 (+3.1%)
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 0 / 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 52.9252. 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 0.0712077, indicating a bearish trend.
What is the support and resistance level for FRSH stock?
FRESHWORKS INC-CL A (FRSH) has a support level at 8.09 and a resistance level at 8.33. Check the full technical report for our detailed analysis of FRSH support and resistance levels.