Taking everything into account, FRSX scores 0 out of 10 in our technical rating. FRSX'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 technical rating of FRSX 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
1.64
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.88 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.99 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.10 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.54 from a horizontal line in the daily 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 FRSX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FRSX is down. |
| ChartMill Relative Strength | 4.89 | NEGATIVE | FRSX has a low relative strength, it was outperformed by 95.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FRSX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of FRSX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of FRSX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.14 | OVERSOLD | The low RSI value suggests FRSX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests FRSX has a negative trend. |
| Stochastics (14,3) | 16.08 | OVERSOLD | The low Stochastics value suggests FRSX may be oversold. |
| Average True Range in percent/ATR (20) | 6.95 | HIGH VOLATILITY | The high ATR as a percentage value for FRSX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.22 | POSITIVE | The high ADX value value for FRSX suggests a strong trend. |
1.66
-0.14 (-7.78%)
FORESIGHT AUTONOMOUS-SP ADR / FRSX FAQ
What is the technical rating for FRSX stock?
ChartMill assigns a technical rating of 0 / 10 to FRSX.
Can you provide the trend direction for FORESIGHT AUTONOMOUS-SP ADR?
The current trend direction for FORESIGHT AUTONOMOUS-SP ADR (FRSX) is Bearish.
What is the RSI signal for FRSX stock?
FORESIGHT AUTONOMOUS-SP ADR (FRSX) has an RSI value of 28.1401. This indicates that the stock is currently oversold.
What is the buy/sell signal for FORESIGHT AUTONOMOUS-SP ADR (FRSX) stock?
The buy/sell signal for FORESIGHT AUTONOMOUS-SP ADR (FRSX) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for FORESIGHT AUTONOMOUS-SP ADR (FRSX) stock?
FORESIGHT AUTONOMOUS-SP ADR (FRSX) has a resistance level at 1.88. Check the full technical report for our detailed analysis of FRSX support and resistance levels.